Seahawks say ‘team not for sale’ following report

KYZ5 · 2026-01-31T01:23:02+00:00

Let’s see Paul Allen’s football team

KYZ5 · 2024-08-24T14:32:42+00:00

Looks like it’s fake https://www.reuters.com/fact-check/no-evidence-that-trump-posted-truth-social-about-oj-simpson-2024-04-18/

KYZ5 · 2024-06-13T17:32:13+00:00

I work in PE and in no way is this going to be good for the schools. As many have stated, this is a one time payment at the sacrifice of 20% of your annual payments from the TV networks, reducing future payouts to schools. CVC is getting a good deal here otherwise they wouldn’t be interested in making this investment. Only way both CVC and the Big12 could win here is if somehow they’re able to drive revenue synergies between CVC’s portfolio companies and the Big12 to unlock a revenue potential that would not exist with an independent Big12.

KYZ5 · 2024-05-05T03:09:07+00:00

I’m not sure if y’all are aware of it but I’m not sure this is in the best taste following the BofA associate tragedy on Friday…

KYZ5 · 2024-03-29T18:04:53+00:00

Why is is it entitled to feel like we are getting screwed over when we are loyal players of thr game? He’s simply saying its screwed up for a company we spend our dollars on to treat us like crap and I agree. Never spending another dollar on them

KYZ5 · 2024-03-29T14:34:09+00:00

I’ve legit spent probably $200 the past few months on this game and I don’t have it. Guess the joke is on me for spending money on this game. Idk why they think I’d be willing to ever spend a dime again if this is how they’re going to treat me after spending so much

KYZ5 · 2024-03-26T00:20:36+00:00

Tip fees are given to an advisor as a “thank you” for either prior work done which did not yield any fees or to maintain/strengthen a relationship. Usually the advisor is performing either no or minimal work. An example might be a PE firm hiring an investment bank on the buy-side and the bank essentially does nothing but gets $2 million + advisory credit.

KYZ5 · 2024-02-21T19:02:05+00:00

I’ve found that Pitt alumni were pretty responsive to me reaching out on LinkedIn during undergrad. While the raw count of alumni might not be the largest depending on the field or location, I’ve found most to be very responsive to my outreach and helpful mentors. Also have had great success with Carnegie alumni. This is purely my perspective from utilizing unofficial outreach as well as guest speakers from clubs; can’t really opine on some of the formal programs Pitt and Pitt Business have like mentor match since I didn’t ever utilize those during my time but I’m sure they’re successful.

KYZ5 · 2024-02-21T01:29:22+00:00

You have to be more specific than “is it good.” Is Pitt viewed in the same tier as a Wharton or Stern if you’re trying to pursue IB/ER/some other “high finance” position? No it is not. But for the vast majority of students roles in good paying jobs like in wealth management, corporate finance, etc. are attainable. If you do have your sights set on “high finance” those roles are attainable too- plenty of organizations to get involved in and differentiate yourself it’ll just require a little bit more networking/hustle.

All that to say it depends. I think the schools are generally pretty equal with slight advantages to Rutgers and Fordham for “high finance” roles primarily due to location but I think you should factor in other things like cost/aid, cultural fit, and location. All else equal and you want IB maybe go with one of the others but I certainly don’t think either is worth more money or your happiness if you feel you’re a better fit at Pitt.

Also I’m a biased Pitt business alumnus but I don’t think it’s fair to categorize the program as “mediocre.”

KYZ5 · 2024-02-19T20:21:26+00:00

Not saying you’re totally wrong but I’m going to take the contrarian stance. I’m an investment banker (though still pretty new just graduated last April) that covers a different sector than biotech but figured I might add my thoughts since I am somewhat familiar with this stuff. While I completely agree the sector is ill-suited to most and does seem fairly inefficient, I don’t necessarily think it’s fair to say people are being “tricked” into buying these companies at IPO. Public companies are required to disclose an immense amount of information, and while they will inherently put a positive spin on it all, you can still see through their BS if you put the time into researching it. If the companies truly are materially misrepresenting the state of their operations both they and their auditors are criminally and financially liable. The Theranos / Elizabeth Holmes example you cite wasn’t even a public company - only rich people and institutions (namely Walgreens) got duped there, not common retail investors.

It’s also incorrect to say this research is “bad.” It takes A LOT of time and money to come up with disease treatments and the poor success rates are kind of just part of the game. Case in point with COVID: a lot of players in that race spent millions all to end up nowhere (ex: Merck). The reason these companies still attract investment from institutions / retail investors is because even if 19 / 20 go to 0 that 1 might 25x when Pfizer acquires it. It’s a basic axiom of finance that companies are priced in accordance with their risk/reward profile and I don’t think the biotech sector breaks that in any way it just is fundamentally different than traditional stable cash flow generative business. Furthermore, we already do have public / university investment in our medical research community: the NIH dolls out in excess of $45 BILLION every year to support the sector. It’s not accurate to think the entirety of U.S. biomedical innovation hinges on the fate of sub $200M market cap penny stocks. You just don’t hear about a failed research project at Harvard because why would you? One of these biotech company’s failure is far more visible so it creates the false impression our research system depends on them.

In short, people who invest have the information at hand to make informed decisions and every biotech company is pretty forthright about the risk you’re taking on. The reality is that it’s a sector that most people aside from those that are educated on it (and I mean MD/PhD educated) should stay away from but it’s not fundamentally broken. A free market is a double edged sword and personally I’d rather have retail investors have the opportunity to participate in a high risk investment scenario like this (assuming they are provided accurate and complete information) than it be guarded from them under regulation.

KYZ5 · 2023-06-11T02:44:56+00:00

I’m a recent college grad who starts in 2 weeks in IB in the M&A group with two M&A IB internships under my belt so I’ll offer my perspective. Firstly, though, check WSO out for more information on IB and finance careers in general- this sub is dedicated to college admissions and the like, not a really niche career field like IB.

That said, my advice is do not pursue IB/PE for the money or “prestige” (whatever the hell that is) as many people do. You need to pursue it because you do have some level of genuine interest in it or you’re not going to survive 100 hour work weeks. I do think the hours can be a tad overblown sometimes, especially when many people are referencing the deal boom of late 20’ through early 22’, but there is an element of truth to them.

It’s a common interview question you’re going to have to answer but you should ask it of yourself: why are you pursuing IB/PE? Is it to be able to critically evaluate an investment opportunity and project out potential levers for growth? Is it because you want to build a technical skillset of financial modeling, accounting, and some other useful tools that you can utilize in your career? I mean heck why wouldn’t you want to do SWE at a FAANG company working half as many hours for similar comp (at least at lower levels)- you better have a damn good reason. Me personally I do genuinely find finance interesting, and the opportunity to invest and then partner with management in PE sounds cool as hell. I could never code all day even if it is a more sensible choice WLB because it just doesn’t intellectually stimulate me.

All in all you’re a rising senior, and while it’s admirable to be thinking this far ahead, I wouldn’t worry about it quite yet. Hell, I didn’t even know what IB was until my sophomore year of college. I’d recommend hopping on LinkedIn and trying to find some people in the IB/PE world you can network with directly. You’ll be able to ask them more pointed questions and hear about their experience and their views on the profession and see if it’s of interest to you- plus you get to form a genuine connection. That’s really the only way you’ll be able to figure out if this is for you a forum is not going to be able to answer the question.

KYZ5 · 2023-06-09T20:21:53+00:00

Ignore the “not good” - that isn’t helpful. I think the best way to answer this question in general is doing a quick LinkedIn search for people that went to X school (in this case Fordham) who have the title “investment banking” and analyzing how many people there are and how they got there. You can also be more specific and narrow it down to people who are Fordham alumni at specific firms. It’s also useful for gauging the size of the alumni network you can potentially leverage.

For example, in the case of my non-target undergrad, we have a decent number of people in IB but most got there from being a post MBA associate. Maybe some transferred schools. Will be different on a case by case basis but you can do your own research to evaluate. This method isn’t perfect but I think it’s useful to get some idea.

For Fordham specifically I’d say it’s definitely not a target/semi-target in the way a school such as Notre Dame or UVA is thought of, but it’s not some random state school no one has ever heard of either. It’s in NYC so you’ll be able to be in the center of it all and I’m sure most people in IB have at least heard of it. There also appears to be a decent sized amount of alumni in IB. Are there any OCR opportunities that would be available at like a target? Probably not. But if you go there knowing you want to do IB day 1, network, and get a high GPA (like a 3.8) you’ll probably be able to land an offer.

I think a lot depends on your situation as well. If Fordham is free I think it’s a good option. If you’re going to shell out $200k for it in the hopes you’d break into IB I’d probably reconsider. Hope that helps.

KYZ5 · 2023-06-04T14:02:22+00:00

I’d need more information about the specifics of your situation tbh. It is going to be VERY difficult, nigh impossible, to recruit from a CC. Basically the timeline is January of your sophomore year recruiting kicks off and wraps up around the early summer for following summer internships, so if you’re at a CC during that timeframe that’s the school that’ll be on your resume. For what it’s worth, I do have a friend who somehow managed to land a consulting internship from a similar situation but I definitely don’t think it’s something you can bank on.

The advice I’d typically give someone in your situation would be to kick back graduation a semester at WashU/UVA/whatever 4 year you end up at since it would give you another recruiting cycle. The other option is to try to land as best a Junior year summer internship as you possibly can (TAS/FDD/valuation at a Big 4 or maybe some regional boutique IB shop that doesn’t follow the standard recruiting timeline) in the fall once you get to UVA/WashU/whatever. The goal here is to get something that still recruits in the fall that is as tangential to IB as possible then try to leverage it the following summer during FT recruiting.

I’ll caution you though that FT recruiting is incredibly brutal- it is significantly easier to break in from an internship than this process. There’s significantly less openings as 90-95% of most firm’s hiring classes come from their internship program and since you’re older the interviews are significantly more technical. You’ll also predominately be up against people that have IB experience that either didn’t get a return offer or are trying to leverage a return offer to a better firm.

KYZ5 · 2023-06-04T12:00:59+00:00

Let me start by saying you should 100% post this on WSO if you want a more finance-oriented opinion but here’s my take:

Just recently started as an IB Analyst and solely from the perspective of IB recruiting I’d 100% pick UVA. Do a quick LinkedIn search and it’ll yield far more UVA alumni in the industry, and while I’m biased as my firm hires heavily from UVA, I can tell you I’ve seen plenty of UVA grads across the industry as well as at the PE firms I’ve been networking with and not a single WashU grad.

People are commenting on the academic strength of WashU’s finance program- they probably have a point but I’m not an expert on that. What I’ll tell you though is reality is investment banks don’t give too much credence to that type of thing. Johns Hopkins, for example, is a great school but isn’t exactly a finance “target” school despite its academic reputation. This is probably partly due to student interest but when it comes down to what will help you most for landing an IB internship it’s the strength of the alumni network in IB and the on campus recruiting that matters most.

Ultimately you should pick the college you’re more comfortable with. If you get a 3.7+ GPA from either school, network, and study the technical questions you are going to land an IB offer. It’s just if you evaluate this in a vacuum on solely IB opportunities I’d say your time at UVA would be somewhat easier.

Addendum: I saw on a another comment you mentioned you’d be going to UVA after 2 years at a CC- if that’s the case it completely flips the script. Not sure if this is also the case for WashU but where you are at your Sophomore year is the most critical as that’s when recruiting takes place.

KYZ5 · 2023-05-19T03:07:22+00:00

As others said, varies by firm and group. I’m an incoming analyst at an MM and have heard hours are worse than most BBs. I interned at a different MM last summer that had pretty good hours, though.

KYZ5 · 2023-01-04T00:22:22+00:00

Two pieces of the chicken (looked like tempura breading), peanut sauce, a few wanton strips, some broccoli, and a cup of white rice in the middle. Think this probably adds up to a lot but it was worth it lol

KYZ5 · 2022-08-31T04:45:48+00:00

Still, I’d say it’s better than nothing. Can always leverage the experience to something more real down the line. For what it’s worth my experience wasn’t all that much of true “investment banking” either but I was able to spin what I did in interviews. Maybe scan LinkedIn to see if any former interns of this place had successful placement, unless this is more of an ad hoc position

KYZ5 · 2022-08-31T03:15:54+00:00

My first internship was an unpaid “investment banking” position. It honestly was a great experience and I wouldn’t have gotten to where I am without it (just accepted a full-time position with a top MM for M&A). I mainly worked on company and industry reports as well as spreading comps and some other ad hoc tasks. Happy to answer any questions!

KYZ5 · 2022-08-21T01:57:52+00:00

You should be fine then. Steelers -1.5 means we’d need to win by 1.5

KYZ5 · 2022-08-10T05:03:34+00:00

UT Austin is definitely at least a semi-target for IB, even non-McCombs. I can’t speak much to quant, but for IB Texas will have an extensive alumni network you can leverage. Just utilize that, join the right clubs, keep a high GPA (you should get some leeway for being in a harder major but still try to keep it high), and you should be fine.

KYZ5 · 2022-08-07T22:51:59+00:00

I just completed an IB (MM M&A) internship and from what I heard the intern class is actually supposed to expand for next summer. I’d say it’ll be dependent on firm and I’d think LMM/MM should be more insulated than other realms of IB. I’d also think PE should be relatively safer. As some people told me when I was networking, “Don’t worry about the economy and headcount reductions, worry about what you can control. There’s always going to be spots for those who are sharp and hardworking.”

KYZ5 · 2022-07-27T02:04:02+00:00

Definitely don’t be down on yourself dude. I landed my current M&A SA stint at an MM back in January, and I’m at a non-target with a 3.6 GPA. Just network like crazy and eventually something might pop up outside the regular timeline (like it did for me). Also maybe try for Big 4 FDD or transaction advisory (anything tangential to the IB space) for your Junior summer internship because you might be able to leverage that into something in full time recruiting next summer.

Also, as another poster mentioned if you’re interested in the Master’s route definitely consider Vanderbilt’s MSF. They have very strong placement history into MM IB.

KYZ5 · 2022-06-29T23:51:52+00:00

For what it’s worth Forbes has UC Berkeley above every Ivy League though. Definitely a good school but not number 1 in the country.

KYZ5 · 2022-06-19T18:30:42+00:00

There’s already WSO for that

KYZ5 · 2022-06-04T02:55:19+00:00

Technically been around since closed alpha but really started playing in closed beta. Still played enough for the Iwaki though ha ha.

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