Highest Ranked Comments In The Last Year

+1 good for roll-ups given it's fragmented Analyst 1 in IB-M&A
+1 Just whack a 40x EV/EBITDA and inshallah and hope Thoma Bravo will look at it Analyst 1 in IB-M&A
+1 Thank you. I will retake the GMAT during my exchange semester. maxi1403
+1 Thanks a lot for your insight, I really appreciate it. Sasoskii
+1 That’s a very fair point, and I completely agree. Sasoskii
+1 Thank you very much for your comment, I really appreciate it. Sasoskii
+1 Managing Director in HF - Other BVL LDN
+1 im getting paid above street for my title on the base - lets see what bonus says come H1 26. Pay structure can be different though ie some PCAs offer co-invest  alongside base and bonus  Analyst 3+ in IB - Cov
+1 We need to get rid of useless programs like the diversity greencard program and the refugee program and focus entirely on a points-based system. What do we need? hedgehog9
+1 moneymaker03
+1 Work in IB or be fat. The duality of man. moneymaker03
+1 Their m&a team sits under corporate finance and execution coverage. Not a lot of actual m&a processes given the region is capital markets driven. It falls under AIBC (coverage IB). i love chickens
+1 do you think there is too much false precision in special sits / distressed as a whole? Associate 1 in IB-M&A
+1 yes. media, energy, healthcare, and FIG share US P&Ls.  Prospect in IB - Cov
+1 tiger global (mega prestige) Analyst 1 in IB-M&A
+1 Can confirm, spoke with one of the HC post MBA associates while recruiting IB during my MBA program. Sounded very sweaty (he did mention a few 3-4 AM nights) but the healthcare coverage exposure sounded great. Business School in CorpStrat
+1 May be a bit dated but Hours probably below street (9-9). Comp is street, not sure what bonuses are like Dead in August, everyone is on Eurosummer mode Analyst 1 in IB-M&A
+1 How has your mandate adapted (if at all) with the evolution of LM? Also curious if you came from an RX IB seat before. Thanks Analyst 1 in IB - Cov
+1 Anonymous Monkey: KageSelly: KageSelly
+1 Not currently in a development or investment role, would have to take several steps down. DM'd you with more specific info. Swamp Ape
+1 QoE/FDD is typically done for:1) EV to Equity Bridge: to get a view of what’s net debt and the normal level of WC2) Understand the normal level of adjusted EBITDA Manager in CorpFin
+1 My technique is controversial but it worked. I put my bullets in chatgpt and asked it to make the text more concise, attention grabbing and emphasise on the points that recruiters actually care about. amazingpi
+1 too much brainroot and having friends on Discord leads to this GS under Blankfein
+1 Sorry I’m not an international, so I'm probably not the right person to answer this. That said, I have seen international post-MBA at distressed funds, so it’s definitely possible. Analyst 3+ in HF - Event
+1 Associate 3 in IB - Cov Managing Director in IB-M&A
+1 Not an expert, but just to add some nuance: Evercore is typically ~30/70 large-cap vs. MM, so you actually get a solid mix. Analyst 1 in IB-M&A
+1 I’m biased since I’m at Evercore, but I’d push back on the BB comparison. EVR feels very different from BB, sector teams are typically 10–20 people including MDs, versus BB sector teams that are often 30–70+. Analyst 1 in IB-M&A
+1 goodL1fe Assist. VP in PE - Other
+1 discordworldI hope you don’t mind me DMing you I don’t mind.  Please DM me. odog @digitalimmortality.com
+1 fees are the best measure, not deal value Analyst 1 in IB-M&A
+1 EVR doesn’t pay the same as BofA, BofA has had a few years of shit bonuses due to overcrowding of VPs Analyst 1 in IB-M&A
+1 Luck and the right senior team has a lot to do with it but there is absolutely a sufficient amount differentiating people to be able to tell who clearly deserves it. Senior VP in PE - Other
+1 following - im pretty sure that hirevue is auto.  Intern in IB-M&A
+1 Do you know any special sits funds that invest in public equities as well as debt, i.e. truly invest across the capital structure? Analyst 2 in IB - Cov
+1 Appreciate you doing this! If you don't mind sharing, curious if you could shed more color on what the recruiting process looked like (if you used a headhunter and if there was a case what it looked like)? Associate 2 in PE - LBOs
+1 when you mean informal/offcycle processes do you mean for new grads? All experienced hire recruiting is basically adhoc offcycle and plenty of bulges hire as well(JPM the most). Analyst 2 in IB - Cov
+1 As you get older you'll like the fact that you don't really do anything in your role. Also: money. yantander
+1 In my view, nothing prepares you better for a buy-side investing role than actual buy-side investing experience, whether that’s in HY, LL, or DL. Analyst 3+ in HF - Event
+1 Assist. VP in PE - OthergoodL1fe goodL1fe
+1 You should be able to get direct looks for buy-side roles. Funds that invest across the capital structure typically run a generalist model for juniors. Analyst 3+ in HF - Event
+1 NYC horrific public transport? Lol. You know whats horrific, concrete urban sprawl with 50 lane highways and Ford F150's and dodging a tractor trailor to cross 8 lanes. kvaradona
+1 For a private credit case study, focus on these essentials: wirkutskijkarl
+1 You’ll be fine Intern in IB - Gen
+1 those legacy MM partners from lexicon are now doing massively well having followed the same clients over the past two decades which are now in the multi-billion pound valuatons. especially in FIG Prospect in IB - Cov
+1 Having a 3.8 rounded even coming from an EB, semi-target, + having a passion for crabs Incoming Analyst in IB - Gen
+1 I’m not the most knowledgeable on this, but my sense is that it’s not very common for funds to invest meaningfully in both debt and equity. Analyst 3+ in HF - Event
+1 I think it’s also worth noting that on the ags side, a lot of traders at ABCDs do take big spec risk in their books and run decent VAR each day but still get paid on par with any engineer or corporate analyst rather than t AIForever
+1 DonDylan Prospect in IB - Gen
+1 Yellowstone Club is not the same as what OP is talking about. YC is totally private. OP said a limited ticket resort which implies public but a limited number of tickets sold each day to ensure no crowds. lake_michigan
+1 based off last yr -> everyone gets hirevue (unless u get screened out by low gpa or smth), first spd is i believe mid jan (think third week, followed by a second in the fourth week. Prospect in IB - Gen
+1 it sounds like the whole company is reliant on deal-by-deal fundraising. Only you can answer if that works for you or not. CRE Credit
+1 this is wrong, jpm recently changed their recruiting process. they are going back to focusing on networking  simplifiedclap
+1 Too real Associate 3 in IB - Gen
+1 Analyst 2 in IB, you are allowed to use swear words on the internet don't worry! Jealous little boy. Its ok.  Analyst 1 in IB - Cov
+1 They don't sponsor anymore - stopped a few years ago. This is from a confirmed source Analyst 1 in IB-M&A
+1 These absolutely exist, the price to get in the door is a $10M+ home. PEarbitrage
+1 Agree with the above commentor, why would you not just wait to get promoted then lateral as a new / fresh associate? Analyst 2 in IB-M&A
+1 I find mental that BB are paying €85k base salaries in Madrid and Paris when analysts in London are working 100 hours and living in a shared shoebox for 65k Associate 2 in IB - Restr
+1 Politics matter, but the real barrier from VP/principal to partner isn’t just office politics - it’s economics. Associate 2 in PE - LBOs
+1 u are looking at cautionary tales, not role models.​if ur seniors are fat, bald, and can't beat the benchmark, they aren't "successful". they are just highly paid hamsters on a wheel. tonythebrief
+1 Learn infra PE technicals if you want to do Infra PE investing. Yes, this requires you to learn infra modelling. If you don't like it or think it's super boring, probably not the field for you. It truly is that simple. Analyst 1 in IB - Gen
+1 Thanks both, much appreciated. Yes, I’m moving to a significantly stronger platform and leaving a struggling team, so it is a clear step up. Analyst 3+ in IB - Gen
+1 I'm at one of JP's biggest target schools and this is completely false. Three or four years ago, yes they had no networking. Intern in IB - Gen
+1 Funny flux55
+1 I focus on the US, so I’m not as familiar with EMEA. My understanding is that the US corporate debt market is ~5x the size of EMEA’s (though don’t quote me on that). Analyst 3+ in HF - Event
+1 Not at one of these platforms; but if you want to do impact work but not in the energy / infra space; would take a second look at the impact PE firms. KKR Impact EQT's Future fund, Apollo's Impact. Associate 1 in PE - LBOs
+1 u are confusing cash flow with wealth.​creators are just highly paid employees of the algorithm. they own nothing. if the platform changes, their net worth hits zero. tonythebrief
+1 Analyst 2 in IB - CovHavent seen them in my 2 years, unlike evercore who is on a lot of deals. Prospect in IB - Gen
+1 Have only seen them in insurance / insurance services Analyst 2 in IB - Cov
+1 It's still tech and the absolute richest people (at least the publicly known/non-sovereign types)  will always be from tech going forward.  PrivateTechquity 🚀🚀🚀
+1 It depends on whether you want to do equities. On the equity derivatives side, there is often significant skill overlap between strats, structuring, and trading. potatolover34
+1 Shit happens. I wrote USB instead of UBS for a cover letter. Just take it as divine intervention and move on. Analyst 1 in IB - Gen
+1 Really great summary for SaaS. For margins, as a sponsor, do you look for companies with already optimized margins (30%+ EBITDA) or do you give some room for value creation so you can further optimize S&M? Analyst 1 in IB-M&A
+1 Please also specify if you did an MBA. Feel like that plays a big role in your net worth for late 20s and early 30s  Analyst 1 in IB-M&A
+1 This nonsense is why skiing is dying. If you don't want to ski around other people just earn your turns like a man. gufmo
+1 I did the same path recruit for TDPs BBTrader
+1 u are confused about the hierarchy.​msf: gets you an analyst seat (entry level). u pay tuition to restart your career alongside 22-year-olds.mba: gets you an associate seat (post-grad level). tonythebrief
+1 Agree on the enjoyability of the work. From what I saw though, quite a few guys running spec risk are actually phys traders that take care of their expo by themselves. thelad
+1 5'7.5 135lb and you were getting kills at 18? calling cap unless youre just straight dumpster diving FingerBlasterBoy2004
+1 Always puts a tear in my eye when nepo-yuppies talk down to people 10x smarter than they ever will be. StandardHardo
+1 I get that but I'm more looking at this as bridge to distressed in the future. Don't wanna do DL with some opportunities to do control stuff anymore. VP in PE - Other
+1 Nah you’re not crazy, a lot of juniors are just socially cooked post-Covid and think being smart makes up for zero people skills. adefolaakinpelu
+1 All good points from people here. I would just pose the question to you - why jump at all? Associate 1 in RE - Comm
+1 How is their special sits group not special sits? They’re the group within Bain that does the most distressed, from what my former Bain credit roommate explained. Associate 2 in PE - LBOs
+1 Thank you for doing this. Im curious as I’m currently in MBA. I have some corp dev experience and considering strategic finance post MBA. cdevib123
+1 In same boat, don’t stress- we always have KPMG Prospect in IB - Gen
+1 how about 48 hours. im busy yesbankingib
+1 Ngmi Prospect in IB - Gen
+1 No, far too complex. The most you'll have to do for buyout investing that's of that regard is maybe revenue bulids. Associate 1 in PE - LBOs
+1 hey I also applied for this! I do think being fluent in Portuguese is a req given it is a Brazilian bank and neither English nor Spanish are incredibly common in Brazil. iwillbeibcoolbanker
+1 tonythebriefyou are blinded by the "potential 2x". that is paper math based on deal volume. if the market slows, that 2x becomes 0.5x. CRE
+1 Don't do it shit is not really IB. They treat sponsors analysts like second class citizens and it's not the same as IBD. You won't get reps doing the actual work on the deals like modeling or even CIM's. Intern in IB - Gen
+1 Oaktree, BX, Ares, L Catterton, KSL per LinkedIn, plus a few laterals Incoming Analyst in IB - Cov
+1 If you’re staying in IR, an MBA’s more of a personal brand and network play than a career necessity, so it’s worth it only if you value that enough to justify the cost and time. spiernipp
+1 “One of the main reason I'm considering the position, if the comp aligns is a potential break through in my career to be the front running man on the deal end. odog @digitalimmortality.com
+1 RBC PUI. There are gen and utility modeling asks from the rockstar VPs/Ds waiting for you. Expect zero guidance and zero training and a lot of useless suggestions to your question on “how do I model rate base…” Works at RBC Capital Markets
+1 spot on analysis.thiel is effectively shorting stability.​energy: ai is essentially a power arbitrage. long electrons is the only real hedge against the compute bottleneck. tonythebrief
+1 standard mechanic:if both senior bonds are pari passu, the turnover from the sub notes flows up pro-rata based on claim size (70/30 split). tonythebrief
+1 Age 26: Years of Work: 4.5Current Role: Large Cap PE Sr. AssociateTotal 2025 Cash Comp: ~450KTotal NW: ~850K Married / Single: Single Associate 3 in PE - LBOs
+1 Age: 27YOE: 3Role: ib aso Cash comp: $300kNet worth: $400k. Recently promoted to associate and hopeful this starts to snowball. 100% equities and basically zero cashSingle Analyst 2 in IB - Gen