\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

What job should my banker friend take?

He's a VP at Goldman Sachs TMT banking in NYC. He likes the ...
flirting gunner locale
  07/20/18
https://pastebin.com/CFWWAwcp
Blathering Fortuitous Meteor
  07/21/18
Oath because MFH
Ebony impertinent idiot
  07/20/18
gs tmt is literally the most prestigious coverage group in b...
Deranged Filthy Hell
  07/20/18
CR
Arousing Green Library
  07/20/18
How big of a compensation cut are we talking about? If he's ...
Arousing Green Library
  07/20/18
TY
flirting gunner locale
  07/21/18
http://www.xoxohth.com/thread.php?thread_id=2874473&foru...
Blathering Fortuitous Meteor
  07/21/18
180 breakdown
aphrodisiac cruel-hearted associate indian lodge
  07/21/18
no problem
Arousing Green Library
  07/21/18
http://www.xoxohth.com/thread.php?thread_id=2874473&foru...
Blathering Fortuitous Meteor
  07/21/18
is this jjc
laughsome kitchen
  07/21/18
...
Ruddy insane legal warrant brunch
  07/21/18
Stfu jjc
Ungodly Spruce Chad
  07/21/18


Poast new message in this thread



Reply Favorite

Date: July 20th, 2018 8:21 PM
Author: flirting gunner locale

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)

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468381)



Reply Favorite

Date: July 21st, 2018 12:37 AM
Author: Blathering Fortuitous Meteor

https://pastebin.com/CFWWAwcp

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469317)



Reply Favorite

Date: July 20th, 2018 8:21 PM
Author: Ebony impertinent idiot

Oath because MFH

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468384)



Reply Favorite

Date: July 20th, 2018 8:29 PM
Author: Deranged Filthy Hell

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)



Reply Favorite

Date: July 20th, 2018 10:07 PM
Author: Arousing Green Library

CR

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468802)



Reply Favorite

Date: July 20th, 2018 9:18 PM
Author: Arousing Green Library

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.



(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468646)



Reply Favorite

Date: July 21st, 2018 12:36 AM
Author: flirting gunner locale

TY

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469309)



Reply Favorite

Date: July 21st, 2018 12:39 AM
Author: Blathering Fortuitous Meteor

http://www.xoxohth.com/thread.php?thread_id=2874473&forum_id=2

https://pastebin.com/CFWWAwcp

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469322)



Reply Favorite

Date: July 21st, 2018 12:38 AM
Author: aphrodisiac cruel-hearted associate indian lodge

180 breakdown

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469319)



Reply Favorite

Date: July 21st, 2018 6:08 PM
Author: Arousing Green Library

no problem

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36472249)



Reply Favorite

Date: July 21st, 2018 12:38 AM
Author: Blathering Fortuitous Meteor

http://www.xoxohth.com/thread.php?thread_id=2874473&forum_id=2

https://pastebin.com/CFWWAwcp

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469320)



Reply Favorite

Date: July 21st, 2018 12:40 AM
Author: laughsome kitchen

is this jjc

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469332)



Reply Favorite

Date: July 21st, 2018 12:42 AM
Author: Ruddy insane legal warrant brunch



(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36469339)



Reply Favorite

Date: July 21st, 2018 6:13 PM
Author: Ungodly Spruce Chad

Stfu jjc

(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36472264)