+2 Dallas has much more old money wealth. There's something like 20+ billionaires in DFW versus less than 5 in Atlanta. Southern_cre
+2 How does your dad net worth compare? VP in IB - Cov
+2 dude that is insane. how does that happen? i dont really care how it happens but that is a wild mistake. probably someone saw, not the MD, and didnt flag it because duh. SOFRsoGood
+2 Very insightful post. Really interested in hearing a bit more of your thoughts on #2 and 3. Currently at a Top 3 bank in a coverage group. IB 1017
+2 What even goes through your mind when prompting this through Claude lmfao [email protected]
+2 Thanks - I’m definitely getting a title bump in 6 months for sure, so not exactly worried about that. Analyst 1 in IB - Restr
+2 Solid firm that raised an oversubscribed $3.5B fund in 2026, no easy feat for a software-focused shop. Have a friend there and generally people are nice even if the firm is sweaty. Associate 2 in PE - LBOs
+2 DEI Beckie spoted LockedIn Bezos
+2 the deal flow is going to consist of 3 M&M deals and 2 polar bear breeder mergerssource: im a canadian Intern in IB - Gen
+2 imo, yes, you're letting the hardos get to you. The freshmen posting about building LBOs from scratch are the minority (and honestly probably weirdos that fail the airport test anyway). munky293
+2 Carlyle ASO 1 is 110 + 110 from what a HH recently told me KKR ASO 2 is 120 base (not sure on bonus) Associate 1 in IB - Cov
+2 Congrats on CVP Menlo! They are a tier or two below lol Osa_Kerev1
+2 Think there's one main issue here: as paths diverge, what people consider as prestigious changes, which entirely undermines the idea of prestige as a whole.  pinkalpaca
+2 As someone who went to an Ivy, I think this is kind of a loser take. pinkalpaca
+2 del TundraFizz
+2 This is far too simple for a PE associate case study. If somebody went in and answered just as is; would get dinged b/c these are far too general. I would approach this in ... Associate 1 in PE - LBOs
+2 Personal reasons lol. I've already lived in both cities and found London to be much more catering to what I need. brtfedd1312
+2 Wut? Billionaires moving is already a tax loss, not even speaking about the job creation impact here of founding / funding new companies in the region) means the pie just gets smaller. hedgehog9
+2 why do you think they could move easily? if you're not a US citizen or permanent resident, you don't have an authorization to work, regardless of how smart you are or what school you went to. Kevin25
+2 TopBoy.-I’d maybe support a national one if it meant lowering income tax but that would never happen  IsItREPE
+2 PrivateTechquity 🚀🚀🚀 IsItREPE
+2 MBA will cost $200k, so you'll need to spend the next 5 years just to break even (2 years of MBA, 3 years of paying student loans after) in a best case scenario - you still need to get into a good school, spend lots of eff Kevin25
+2 The problem is that Republicans don't tax, they just spend. Ozymandia
+2 Bro good luck if this thought crossed your mind! Absolutely do not flirt in coffee chats, if you want to mention your fraternity do some DD on who you’re talking to. If they were in Greek life, mention it. seekinthealpha1
+2 Bro you gotta work on your english. Wtf are you even trying to ask lmao Analyst 1 in IB - Gen
+2 The quality of the PM and senior analyst matters more than whether it's MM or LO. A great mentor can accelerate your learning far more than the platform itself. catherine2
+2 The biggest question isn't UBS's brand it's whether analysts are getting enough live deal reps during the integration. catherine2
+2 I said coverage group not fake group. Sponsors does not do anything and keeps firing juniors. Good luck trying to find another job from a group that does nothing but sponsor books. Analyst 2 in IB - Gen
+2 If you could tell MV or IB leadership one thing, what would it be? Associate 1 in IB - Cov
+2 cheers saskie bro hutcointraders
+2 thank you. In this scenario the draw would replace the discretionary bonus but be "guaranteed" in the sense that I would get the same fixed amount per year, subject to specific clawback schedule if I leave voluntarily. Developer in RE - Comm
+2 Group and people dependent. Mentorship is really something that ends up happening informally when you work with the same few people commonly on deals. Analyst 2 in IB - Gen
+2 From what I know about Tech, it's closer to 60-70 in normal weeks and closer to 90 on bad weeks. Other mid-tier groups like HC are closer to 80 in normal weeks and closer to 100 on bad weeks. Analyst 2 in IB - Gen
+2 No user is wildly misinformed. Have worked at a reputable MM M&A group (WB/HL/Piper) as well as a top BB Levfin group. Nobody cares about this. rolo25
+2 Lol, if this is true, this is very much in line (if not higher if closer to mid bucket) vs. other bulge brackets.  Associate 1 in IB - Cov
+2 Carlyle secondaries is not a competitive process Analyst 1 in IB - Cov
+2 The thing about this development cycle that is fundamentally different than the 90s is the utilization.  There is essentially zero dark comptue nodes anywhere right now. ioncewenttoschool
+2 Would love to hear your thoughts on the future of global macro and commodities HFs (discretionary, semi-systematic, or anywhere on the spectrum excluding pure quant).  Prospect in HF - Macro
+2 Based on what I hear through the grapevine is below: VP in Consulting
+2 Alix today is more explicitly ops turnaround–first: ur often embedded with management doing liquidity, cost actions, and execution, with RX as the backdrop rather than the centerpiece. Associate 1 in VC
+2 not bad at all - got tripped up how 10% increase in land paid for with preferred dividends requiring 6% return would flow thru 3 statements ice cream sandwhich
+2 When you’re surrounded with people that make money vs when you’re surrounded with people that lose money. That’s when you’ll realise whether tradings for you. go_ok
+2 I’ll take it for you. I want the cash up-front and there’s no guarantee I/you pass. Edit: didn’t mean to reply in chain dantheman_1_01_01
+2 Worth flagging I'm in later-stage growth, not PE. But on differentiation, for us (and most GE/VC shops) it's access, network, and sector depth. Associate 2 in PE - LBOs
+2 I've honestly rarely heard anyone been succesful at (at least in my inner circle) negotiating anything meanginful at the associate (or even VP) level given how much competition there is. VP in PE - LBOs
+2 Would caution that while Yorkville is now served by the Q you’re at its mercy and many affordable buildings are 10+ minutes from 86th st or 79th. It was a brutal walk to the subway the two winters I lived over there. johnny-mnemonic
+2 ASO 1 EM 100k 70/30 Analyst 1 in IB-M&A
+2 Big red flag. Why are the founders so broke that they can't pay a salary? How are they going to afford to buy anything? BuySideIntern
+2 So in your view being a judge at the UK Soupreme Court wouldn't be prestigious because he doesn't own a 18th century mansion? lmao  GS under Blankfein
+2 Go with the PE for sure. Do that for 2 years and you’ll have even more high paying corporate offers.  u7o2q0qla4
+2 I think you have to first know: which strategy you’d like to be in (if hybrid, it’s like 30% of them go on cycle while the rest off cycle); then which firm, I suggest going firm by firm and list them all out by preference eatbanana1234
+2 There are a wide range of seed funds. Many are anchored around a single founding partner, but some have broadened and become more institutional. Primary would be one that's broadened, also Uncork. VC_since13
+2 Anyone who applied for S&T hear back for SDs yet? Gimpy1
+2 American here so take my opinion on Europe stuff with a grain of salt, but if you want to be in Copenhagen, take the job in Copenhagen, especially since it pays more and will give you more disposable income. Associate 1 in IB - Cov
+2 You will find a sporadic number of Buffalo Bills fans around here. Giants reign supreme. NewIndustryHorizon
+2 chin up little buddy. moynihan is going to gift you a few more dollars in bofa RSUs because you fall below their threshold of rtotal comp. Then you will have even more RSUs! Associate 2 in CorpDev
+2 Can't forget the Pre-Seed / Seed Founders who think their company has the greatest mission. NewIndustryHorizon
+2 I can't talk to all of the options you're pursuing, but I would suggest looking into the independent sponsor space. StrategyJunkie
+2 Do all of these require the math/quant background? Prospect in IB-M&A
+2 Unless you're joining a first time fund and/or sole associate at the firm, pretty much no. SaaSChimp
+2 If you say you seem mad, do you work at them and you cant DD because you are a pre-seed investor they are jokes, but when I point these comments out and say the list and the justifications for it is inconsistent and poor i Analyst 1 in VC
+2 Last year, there were waves for R1s. Then, probably 40 - 50 invited to the Superday in June. Could be different this year tho. From what I heard, interviews vary based on the interviewer.  xkz123
+2 Congrats on L Catterton Investment Analyst in HF - Other
+2 know a banker that volunteers on the board for a children's hospital that deals with serious illness (think Leukemia/ Congenital Disease/ Cancer) Analyst 1 in IB-M&A
+2 Seem more like a you issue AK6969
+2 Inde Navarrette (chick from Obsession) Singlebysunday
+2 One thing I'd add is that procurement teams often spend a lot of time negotiating rates but not enough time defining acceptance criteria and change request processes. shawnyuan
+2 Straightest wso user Singlebysunday
+2 Brunner example is a classic example of the current BoA strategy. Works at Goldman Sachs
+2 All of the stuff about the hours, understaffing etc is pretty accurate; expect to log off at 2-3am M-F with weekend work most weeks. They churn juniors a lot. Analyst 1 in IB-M&A
+2 hell Throwaway_v.28
+2 2030E PF EBITDA, adjusted for optimism Analyst 1 in IB - Cov
+2 Everything that happened post 2023 is a shame. CS really ruined everything. Analyst 1 in IB - Cov
+2 any desk analyst figures esp for HY/Distressed/Special sits? Very interested in this Analyst 1 in IB - Gen
+2 From a VC perspective, early AI governance and compliance readiness signal strong operational maturity. Hanlon
+2 unbelievably insufferable and the worst part is you probably arent even that smart lmao Prospect in HF - Other
+2 Agreed that MO is a real career and is discounted, but this forum exists because FO jobs are so difficult to get and people want a competitive edge. acardboardmonkey
+2 In terms of what I do (again I’m in a IB/CIB group) we are heavily focused on cash flow repayment, collateral coverages (if secured), and covenant metrics.  Analyst 1 in IB - Gen
+2 Aviation focused IB. They were on the spirit restructuring which is why they're on the league tables Analyst 1 in IB-M&A
+2 Mining is shit Analyst 1 in IB-M&A
+2 how are you in year 5 and still sr asc? B School? Associate 3 in PE - LBOs
+2 terra879 odog @digitalimmortality.com
+2 Heard Santander paid ~100% can anyone confirm this? Analyst 2 in IB - Restr
+2 All downhill after gfc Prospect in IB-M&A
+2 How about loving and respectful? lol you must always be the smartest in the room.  VP in PE - LBOs
+2 Thanks so much for the detailed reply – really appreciate you taking the time, especially on mobile. Super helpful reality check and gives me a much clearer picture. Analyst 2 in IB-M&A
+2 i’m guessing the only place where this exists are the small boutiques that don’t have hr departments. i hear the craziest stories from like 50 person firms which are all men Analyst 1 in IB - Cov
+2 Retail/memes has definitely changed shorting in the US. Asia markets always had a bit of that dynamic, but had to pay attention to it a lot. hfanalyst__
+2 Odds of rate hike now are now 55% this year. Market is not moving in the right direction, and assets are still not priced in alignment with where debt rates are. VP in RE - Other
+2 Don’t let the haters in the comments get to you just keep ripping bag they’re all bouse DoubleTheSolo
+2 Yea this is a valid breakdown. I will say though that my girlfriends don’t really care, ask about, or know entirely what PE is (so I never bring it up). Anonymous Monkey
+2 "Can't believe a missed joke is half the reason for your rant. I would say I'm worried about your ability to diligence, but then again you're a pre-seed investor" - so now you resort to insults :) Analyst 1 in VC
+2 I’m a second year rn at UCalgary, and I picked it over Ivey AEO, so I feel like I can empathize with your decision to a pretty high degree. Barrel Boi
+2 Currently an analyst at an EB (PJT / MOE / LAZ) that A2A after two years, and yeah, going to PE is a pay cut, esp when all in Aso1 makes 400k on top of 75k promotion bonus. Analyst 2 in IB-M&A
+2 Tough but not unusual setup. There's a reason why distressed is unpopular amongst allocators. Investment Analyst in HF - Other
+2 Hey not sure if this directed at me, but i'll answer nonetheless. I would say the intellectual challenge and constant desire to learn. med2ib
+2 I’m a pretty heavy user of AI to aid research. It’s not quite there on modeling yet, but writing is clearly on the wall. But also, canalyst has existed for a number of years, so not sure it matters all that much. hfanalyst__
+2 Yes except most funds have a 10% promotion rate. TA has some of the bloated mid levels and probably one of the best funds out there for promotion visibility yet even their promotion rate is around 20%. Analyst 2 in IB-M&A
+2 For all of you interested, a third write up is live covering latest market dynamics.  LevFin Lab Newsletter
+2 $2500-2700 a month will get you a good apt in a good neighborhood (assuming roommates). That should be slightly more than 50% of your base paycheck assuming a maxed out 401k as an analyst. trillywonka