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I ask for one (1) example, that does not include any software hubs that mimic the valley (this includes Austin, New York, Boston, and Seattle, but is not limite
by stagbeetle 9y ago
I ask for one (1) example, that does not include any software hubs that mimic the valley (this includes Austin, New York, Boston, and Seattle, but is not limited to), that has an equal, or close to equal, impact on your career in comparison to the Bay Area.
The only thing the valley has going for it is the saturation of talent and people who hire talent. The bad, is that without it it's got nothing to really show for itself (save a few niche items). The good, is the lack of any other notable qualities is overshadowed by the overcompensation of the only ones it has.
- freejulian 9y agoCitadel, located in Chicago. You guys out west are so smug it’s unbelievable.
- deleted 9y ago[deleted]
- stagbeetle 9y agoThe topic was tech careers. I don't believe Citadel does any algo/prop work that could fall under the umbrella of tech. Off-topic: I'm from the East and #FreeMadix
- freejulian 9y agoYou’re just in denial now, you’ve clearly had plenty of the Valley’s koolaid. It’s hilarious that you don’t think the worlds largest market maker isn’t doing “algo/prop work that could fall under the umbrella of tech.” Don’t be afraid to leave your bubble.
- stagbeetle 9y agoWhat a twist of fate. I find myself holding your exact same thoughts, but yet I try to mimic the community and "fit in." All I'm saying is that Citadel is no Rennaisance. It's not LTCM or Medallion. Maybe it's like Boston, but sure it ain't as beneficial as the valley. If there were spoiler tags, I would tell you what I really think, but I don't want to be a Pats fan at a Steelers game.
- freejulian 9y agoI mean, Citadel is far more secretive than any of the companies in the valley. Just because you don't see the innovation doesn't mean it isn't happening. Citadel pays salaries on par with the valley and is widely respected in the hft space -- it's a very good place to start a tech career.
- stagbeetle 9y agoThen the next question is, how are you supposed to start your career if you don't know about it? I half kid, but it's neat to hear. I haven't been a part of the buyside for a while, so it's more than likely Citadel's gotten some internal clout in the quant scene since them.