4 ms·

I think the financial crisis was also a big part of it. Goldman et al were no longer hiring, or if they were it wasn't with the big bonuses and people hated ban

I think the financial crisis was also a big part of it. Goldman et al were no longer hiring, or if they were it wasn't with the big bonuses and people hated bankers (more than usual I mean) so there was an additional incentive not to go to NYC and instead head west.

lotsofpulp 4y ago
It is just the pay to quality of life ratio. Apple, Microsoft, Alphabet, Meta, and even Amazon offered much better pay to quality of life at work ratios than finance and law. And still do, because they have been and continue to be far more profitable than Goldman and the other banks.