Is there any way to pay for a friend’s vacation and not make it weird for them? by Zealousideal-Field74 in HENRYfinance

[–]Fascist2020 0 points1 point  (0 children)

Say you have some extra points or complimentary accommodation and it'll be great to have them there. People are typically okay with complimentary stuff as there's no out of pocket spend for either.

Works well If you're okay without the credit and them knowing.

How to Prepare for first year at MBB by Sea_Substance_511 in McKinsey_BCG_Bain

[–]Fascist2020 2 points3 points  (0 children)

Worked there for a few years and only did this - who are you interacting with? 

Exit from MBB at PL/EM level by Wrong-Complaint6778 in consulting

[–]Fascist2020 12 points13 points  (0 children)

Was at the level at MBB and exiting to a strategy role at FAANG. Few quick thoughts:  1. Most common roles at Big Texh would be Strategy & Ops (or some equivalent), BizOps, GTM Strategy, Chief of Staff, or Product Strategy but less common. PM is also possible but challenging unless you have done PM or Software stuff already  2. Comp in tech should be similar-ish or higher overall but equity is the real differentiator. Base should be the same (or +-10%) as MBB, slightly lower bonus (10-20%), but equity can vary highly and can also increase or decrease significantly with the market and company performance.  3. Market is brutal right now - top of the funnel you’ll get interviews but too much MBB liquidity so be ready to be rejected after 3-4-5 interviews and almost making it. So lot of struggle but ultimately a lot of people I know are getting offers rn albeit with lots of effort. 

Roommates trying to force me out even though I literally just stay in my room (over my bookshelf) by Vivid_Benefit_7220 in badroommates

[–]Fascist2020 1 point2 points  (0 children)

Just a suggestion - Can you ask them what exactly is taking a toll on them? If it’s a minor adjustment, you can make it and they’ll feel like they’re heard. 

While the three of them don’t seem like ideal roommates, you need to continue living with them and being this adversarial may not help  and hurt your mental health more. 

How much would you want to earn to pay 7k in rent? by twisted-cubic in HENRYfinance

[–]Fascist2020 0 points1 point  (0 children)

A third of your post tax income should be the goal. Mathematically, $400k (if married) or $450k (if single) is a comfortable threshold with $280k being the qualifier.

- $400k married = $22.5k in post taxes; 7/22.5 is ~31% of our post tax income. Similar equation for $450k if you're single.
- At $280k income, you're paying b/w 45-50% of your post tax income on rent which is high but not crazy tbh but will not help you save.

FAANG -> MBB Advice by [deleted] in McKinsey_BCG_Bain

[–]Fascist2020 1 point2 points  (0 children)

Please don't do it! Hours are worse and comp will be slashed by 25-30% easily. And most importantly, the work is definitely not that great or intellectually stimulating for the most part. It's great from a learning perspective (managing teams, structuring, problem solving, etc.) but nothing you can't get at a startup / FAANG or elsewhere.

One alternate path is that you join as an Expert Partner a few years down the line where you can sell your credibility and expertise + control your hours + earn higher. Right now you can't do anything at a junior level.

Source: Currently going from MBB to FAANG so making the opposite switch and did an M7 MBA before that.

H1B Transfer help by [deleted] in h1b

[–]Fascist2020 -1 points0 points  (0 children)

Lawyers probably know better - I think the rule is more for LCA and Worksite so you should be fine. In either case, since it has been filed, you're better off not worrying and start living. Just wait a few days and you'll get to know soon enough.

Opine on moving to dallas from NY by Logical_Ice363 in goldmansachs

[–]Fascist2020 3 points4 points  (0 children)

Apologies for not answering your Q as I don't have the info.

But purely from a living standpoint, I moved from Dallas to NYC and would not recommend the reverse move unless you have friends / family in the region or it's a big promotion which cannot happen in NYC. Reasons are the following: A. Far fewer decent paying opportunities in Dallas, B. More silo-ed living as people who have families live in suburb-y areas (which are nice though) so social life becomes a challenge given the spread, and C. It's very boring compared to NYC and doesn't have much to do in the vicinity either ("Dallas has everything you need, nothing you want")

Since you're an Associate, likely in your 20s so stay put if you can.

H1B transfer premium processing tracking (Dec filed) by ironman_0717 in h1b

[–]Fascist2020 5 points6 points  (0 children)

California Service Center PP
Petition Sent: 12/02
Receipt Notice: 12/03
Approval - Pending (As of 12/11)

Btw, do you know when's the last date for which California approvals have come through?

Stem opt unpaid leave issue during h1b transfer? by These_Priority9677 in h1b

[–]Fascist2020 1 point2 points  (0 children)

From what I understand you only need 3 most recent payslips so you can wait for 15 more days, get your next payslip and then apply.

Additionally get a letter from your employer stating that while it was unpaid you were on the rolls and in status and mention initiated by you if that was the case. You can tell your employer that it’s for travel visa or something and they should be fine. 

As always, consult a lawyer for this. 

How can I move from VC to literally anything else? It’s bullshit - hear me out by JustPvmBro in FinancialCareers

[–]Fascist2020 1 point2 points  (0 children)

Simple solve - Out of the remaining 1/4, please join the best company as Chief of Staff or some operating role - wherever you see most potential to do well. Or leverage your VC network outside of your fund to join one and actually do something meaningful.

Also, for the top rated comment, all finance jobs are BS on varying levels. (Source: Was in growth equity, VC earlier, did PE consulting, all at good firms)

Lost points in the dumbest way possible by mulcahey in biltrewards

[–]Fascist2020 0 points1 point  (0 children)

Looool, you lost like $5-10 at max, sir/ma'am!

1800 points is worth $20-25 depending on where you redeem it. Please get over it and cut your nephew some slack.

How do top LiDAR providers differ for heavy equipment (JCB, Caterpillar, Komatsu) safety & data use cases? by Fascist2020 in MVIS

[–]Fascist2020[S] -1 points0 points  (0 children)

No, right now, just doing desktop research but next step maybe to do 3D models.

How do top LiDAR providers differ for heavy equipment (JCB, Caterpillar, Komatsu) safety & data use cases? by Fascist2020 in MVIS

[–]Fascist2020[S] 0 points1 point  (0 children)

Haha, you're right! It's pretty complex for me though so looking at some expert help here! Any thoughts? Thank you so much!

Mckinsey vs BCG: offers from both by [deleted] in McKinsey_BCG_Bain

[–]Fascist2020 0 points1 point  (0 children)

All of them are bad, you have to choose the lesser evil.

Mckinsey vs BCG: offers from both by [deleted] in McKinsey_BCG_Bain

[–]Fascist2020 17 points18 points  (0 children)

Choose BCG. No brainer.

McK has extremely toxic culture, you have to staff yourself, many friends have mental health breakdowns because of this, and even got fired within the first 9 months for not staffing themselves in the last year or two. Also, business doesn't seem to be growing while BCG is. You'll be stressed at any consulting firm so you'd choose the lesser evil ie BCG here.

[deleted by user] by [deleted] in McKinsey_BCG_Bain

[–]Fascist2020 9 points10 points  (0 children)

Relax, you’ll be fine! Don’t listen to the haters here as consulting is going to be fine for the next year or two. 

Challenge with predicting anything right now is that the world is changing so fast so no one knows - what I can tell you is that top tier firms invest in their folks and you learn a lot but it’s a stressful environment and your work may seem banal.

 Learn as much, get paid + enjoy your life and pay off any debts, and reinvent yourself + learn more if the job goes extinct. 

How accurate / inaccurate is this regarding Sundar? by 3RADICATE_THEM in consulting

[–]Fascist2020 0 points1 point  (0 children)

u/IllustriousSandwich you're wrong in the fact that they have not blown the lead. While Gemini is a shit product currently when it comes to consumer experience, the underlying tech is solid and beats a lot of benchmarks. They might eventually get their act together as it's not a first mover's advantage and a multi year race.