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What job should my banker friend take?
| electric newt | 07/20/18 |
| heady talking codepig site | 07/21/18 |
| Ruddy big chapel | 07/20/18 |
| Soul-stirring cyan fat ankles marketing idea | 07/20/18 |
| Charismatic den hissy fit | 07/20/18 |
| Charismatic den hissy fit | 07/20/18 |
| electric newt | 07/21/18 |
| heady talking codepig site | 07/21/18 |
| Judgmental provocative station | 07/21/18 |
| Charismatic den hissy fit | 07/21/18 |
| heady talking codepig site | 07/21/18 |
| Canary indian lodge wagecucks | 07/21/18 |
| transparent legend | 07/21/18 |
| Grizzly Angry Heaven Hominid | 07/21/18 |
Poast new message in this thread
Date: July 20th, 2018 8:21 PM Author: electric newt He's a VP at Goldman Sachs TMT banking in NYC. He likes the job, and the comp is great, but the hours are wearing him down, so he interviewed for more chill corp dev jobs and got the following offers. He didn't tell me numbers but said that all of them will pay less than what he's making now.
Lyft (SF) Dropbox (SF) Netflix (LA) Snapchat (LA) Uptake (Chicago) Oath (NYC) |
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Date: July 21st, 2018 12:37 AM Author: heady talking codepig site https://pastebin.com/CFWWAwcp (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469317) |
Date: July 20th, 2018 8:21 PM Author: Ruddy big chapel Oath because MFH (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468384) |
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Date: July 20th, 2018 8:29 PM Author: Soul-stirring cyan fat ankles marketing idea gs tmt is literally the most prestigious coverage group in banking by a mile. i’m confident he’s got better sources to ask for counsel than xoxo. these are different businesses so it probably turns on the nature of his experience, interests and how he sees the landscape for media going forward. (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468431) |
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Date: July 20th, 2018 10:07 PM Author: Charismatic den hissy fit CR (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468802) |
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Date: July 20th, 2018 9:18 PM Author: Charismatic den hissy fit How big of a compensation cut are we talking about? If he's a VP at GS TMT, his total comp is probably $400-$700K, depending on his seniority and performance.
Lyft and Uptake are both private companies, although Lyft is a late stage and Uptake is early stage. I'm pretty sure the latter provides options while the former provides RSUs (yes, they are different). I think Uptake is an interesting company, but joining an early stage startup is always risky. Lyft is OK, but I'm not a big fan of their business model or the ridesharing industry in general. It's an industry that has low barriers to entry and no competitive moat. And there is nothing about Lyft that distinguishes it from Uber, aside from the lack of corporate scandals.
Dropbox comp and perks are great, but cloud computing is a highly commoditized business, and they haven't figured out how to extract more revenue from individual users. Currently, the bulk of their revenue is from corporate accounts.
Snapchat is in a sick location in Venice. Their RSU vesting schedule is fucked up though (10%/20%/30%/40%). I think Snap's biggest competitive advantage is its strong hold with young users, who now use Snap as their primary social media app rather than Facebook. The active rate and engagement metrics are pretty high, so Snap needs to figure out how to translate that into higher retention and ARPU (Average Revenue Per User) while controlling their server costs.
I'm a huge fan of Netflix. Love their content. But the dramatically increasing content costs (2019 will be $13 billion vs $8 billion this year), competitive pressures from Disney, are concerning. Also, while they give very high salaries, they don't provide RSUs to employees. They do give incentivized options where employees can purchase at a discount from the strike price.
Oath seems TTT. It's Verizon's subsidiary that includes Yahoo and AOL.
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Date: July 21st, 2018 12:36 AM Author: electric newt TY (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469309) |
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Date: July 21st, 2018 12:39 AM Author: heady talking codepig site http://www.xoxohth.com/thread.php?thread_id=2874473&forum_id=2 https://pastebin.com/CFWWAwcp |
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Date: July 21st, 2018 12:38 AM Author: Judgmental provocative station 180 breakdown (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469319) |
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Date: July 21st, 2018 6:08 PM Author: Charismatic den hissy fit no problem (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36472249) |
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Date: July 21st, 2018 12:38 AM Author: heady talking codepig site http://www.xoxohth.com/thread.php?thread_id=2874473&forum_id=2
https://pastebin.com/CFWWAwcp |
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Date: July 21st, 2018 12:40 AM Author: Canary indian lodge wagecucks is this jjc (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469332) |
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Date: July 21st, 2018 12:42 AM Author: transparent legend (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469339) |
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Date: July 21st, 2018 6:13 PM Author: Grizzly Angry Heaven Hominid Stfu jjc (http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36472264) |