WSO: Key Lessons from GS & MS Layoffs

[image](=) Hey {NAME}, DO NOT sleep on this Saturday's [VC Bootcamp]()! WSO just passed 900,000 members. Next stop, 1 million monkeys! -Patrick TOP DISCUSSIONS 1) [Q&A: VP MF Special Sits]( - "My background: Restructuring IB -> special sits/distressed hedge fund (2bn aum) -> special sits group at megafund (100bn+ aum)...." 2) [Paradise? No, but Here’s a Smarter Way to Manage Your Deals]( - What you really need to hear: SRS Acquiom is one big solution to help you get every little part of the deal done right without fantasizing about your resignation letter the whole way through. Our private client portal, virtual data room, and more equip you to open things up strong, close them up strong, look great to your clients and colleagues, and get on to the next thing. There are plenty of specifics we can provide, and that’s what our website is for. 3) [Time to Hang it Up]() - "I'm currently sitting in the back of the classroom at the local University of California... I decided to follow an early passion and go back to teaching. It isn't lucrative, but it is fun. I'm more invigorated than I've been in years...." 4) [Is it Just Me or are PE Associates Garbage These Days?]() - "It's comical how little I can trust them with - even basic analyses or admin work are riddled with errors (let alone important things like models). Plus, no responsiveness, no initiative, no drive to succeed, or even a basic motivation to get better at their jobs..." 5) [Has Anyone Noticed that NOWHERE in America is Affordable Anymore? When Did This Start?]() - "Now even Portland Oregon is an expensive city to live in. Like cities that used to be the armpits of America are now squeezing crazy rents and home prices out of their citizens just because. Its like they (idk who) slowly brought in this idea that anywhere that's even passably livable should have sky high rents because the big cities are even higher...." [image]( It only takes a few grueling 100-hour weeks in IB to start dreaming about the promised land of Private Equity. Set yourself up for a spot in the most prestigious field in finance with [WSO’s PE Master Package](=). TOP DISCUSSIONS CONTINUED 6) [What Are The Key Lessons From GS / MS Layoffs?]() - "'Solid performance' is overrated, it is politics that win over hard work in IB - at the end of the day your seniors sell air / second view on a transaction (aka "advice") to their clients who are taking view themselves, so your work as a junior doesn't matter much unless there is a major f***up / obvious mistake ." 7) [Interested in fintech, web3, digital assets, and the metaverse?]( -Sign-up to receive the latest weekly fintech and financing news from the National Crowdfunding & Fintech Association of Canada WSO ALPHA - LATEST UPDATES - We just uploaded the [Nov brokerage report]() for those of you curious how we did. HOT JOBS [Investments Lead]() - "The firm is a first-of-its-kind brokerage for managing large stock positions. We make the financial instruments used by the ultra-wealthy to manage concentrated wealth available more broadly." [VP, Investment Banking (Remote)]( - "The individual should have a strong interest in the residential building industry and be excited to work on a streamlined, dynamic team in a remote environment. Our inclusive and entrepreneurial firm culture offers team members ample professional development opportunities." [Investment Banking Associate (Remote)]() - "This is a unique opportunity for a talented and driven individual to join a leading, industry-focused investment bank. The ideal candidate will take on a wide range of responsibilities in support of the firm’s M&A, private capital markets, and public capital markets transactions, in addition to advancing the firm’s continued growth through internal initiatives." [PE Associate/Senior Associate - Boston](=) - "The firm is a PE platform built for healthcare's complexity seeking an Associate / Senior Associate. This role will be a critical member of the founding team and will have ample opportunity for internal growth." [Equity Research Analyst - NY]() - "The firm is a NY-based L/S hedge fund seeking to hire an Equity Research Analyst to support the firm's research and financial analysis of prospective investment opportunities. The Analyst will be reporting directly to the CIO and COO of the firm...." [Wall Street Oasis Finance Research Analyst Internship]( (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis]( @WALLSTREETOASIS TOP POST [image]( ON DECK - TRAINING All in Eastern Standard Time - Jan 21, 10am-12pm - [Venture Capital Bootcamp]((Open Now) - Jan 28-29, 10am- 5pm - [Financial Modeling & Valuation Bootcamp]()** (Open Now) - Feb 11, 10am-6pm - [Private Equity Interview Bootcamp]()* (Open Now) - Feb 18, 10am-2pm - [Excel Master Bootcamp]() **** (Open Now) - Mar 11-12, 10am- 5pm - [Financial Modeling & Valuation Bootcamp](=)** (Open Now) - Apr 8, 10am- 2pm - [Excel Master Bootcamp](=)**** (Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com]() WSO Mobile App: [iOS]() | [Android]() PS - We're also always looking to add [resume reviewers]( and [WSO Mentors]( to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](). PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! * PE Interview Bootcamps include lifetime access to the [PE Interview Course]() ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package]( *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview Course](=) **** Excel Master Bootcamps include lifetime access to the [Excel Modeling Course]( [Facebook]( [Twitter]( [LinkedIn]( [YouTube]( [Instagram]( [image](=) Don't want the WSO Weekly Wrap Up? [UNSUBSCRIBE HERE]() [Unsubscribe]( from ALL WSO Emails IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States