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Well, NYC finance is still about dealmaking, even in the days of digital trading. Business is still done face-to-face, and the sheer density of New York will pr
by aspir 15y ago
Well, NYC finance is still about dealmaking, even in the days of digital trading. Business is still done face-to-face, and the sheer density of New York will probably make sure that deal makers are more valuable than technologists for the foreseeable future. That's not to discount technologists in NY at all, though (they're deal makers too). It's just the reality that handshakes and coffee are irreplaceable.
- kloncks 15y agoSpeaking of coffee, a lot of his early deals were based on him going around to Merrill Lynch and buying people there coffee, then coming back later saying "I'm Michael Bloomberg. I bought you a coffee. Can we talk?"