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What job should my banker friend take?

He's a VP at Goldman Sachs TMT banking in NYC. He likes the ...
Fishy Faggot Firefighter
  07/20/18
https://pastebin.com/CFWWAwcp
provocative impertinent set
  07/21/18
Oath because MFH
Pink Ape Corn Cake
  07/20/18
gs tmt is literally the most prestigious coverage group in b...
blue lascivious digit ratio
  07/20/18
CR
Flatulent blathering gay wizard new version
  07/20/18
How big of a compensation cut are we talking about? If he's ...
Flatulent blathering gay wizard new version
  07/20/18
TY
Fishy Faggot Firefighter
  07/21/18
http://www.xoxohth.com/thread.php?thread_id=2874473&foru...
provocative impertinent set
  07/21/18
180 breakdown
Know-it-all wagecucks striped hyena
  07/21/18
no problem
Flatulent blathering gay wizard new version
  07/21/18
http://www.xoxohth.com/thread.php?thread_id=2874473&foru...
provocative impertinent set
  07/21/18
is this jjc
Deranged 180 fortuitous meteor stage
  07/21/18
...
Geriatric cuckold
  07/21/18
Stfu jjc
glittery insecure newt
  07/21/18


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Date: July 20th, 2018 8:21 PM
Author: Fishy Faggot Firefighter

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)



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Date: July 21st, 2018 12:37 AM
Author: provocative impertinent set

https://pastebin.com/CFWWAwcp

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



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Date: July 20th, 2018 8:21 PM
Author: Pink Ape Corn Cake

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: blue lascivious digit ratio

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: Flatulent blathering gay wizard new version

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: Flatulent blathering gay wizard new version

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)



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Date: July 21st, 2018 12:36 AM
Author: Fishy Faggot Firefighter

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: provocative impertinent set

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)



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Date: July 21st, 2018 12:38 AM
Author: Know-it-all wagecucks striped hyena

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: Flatulent blathering gay wizard new version

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: provocative impertinent set

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)



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Date: July 21st, 2018 12:40 AM
Author: Deranged 180 fortuitous meteor stage

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: Geriatric cuckold



(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: glittery insecure newt

Stfu jjc

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