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Someone mentioned in another thread that it seemed (allegedly, I don't know any of these people) like the type of people who apply for investment banking jobs a
by jbooth 13y ago
Someone mentioned in another thread that it seemed (allegedly, I don't know any of these people) like the type of people who apply for investment banking jobs are now applying for YC.
I think the most salient fact about this stereotypical type of person is that they don't know why they're doing it. They wouldn't be doing it if it weren't prestigious. You lose something there, even if the person is theoretically better on paper.
- zxcvvcxz 13y agoIf so (about the IB-types), that sounds a little worrisome. These are the type of people that one could imagine being good at faking early progress on paper / online, and not following through because building a startup and being poor for multiple years doesn't feel very prestigious.
- hindsightbias 13y agoMichael Lewis said somewhere (I think the intro to The Big Short) that he never expected to write another Wall Street book after Liar's Poker. He thought it was the be-all, end-all warning to IB wanna-bees. But he kept getting letters from college students to the effect of "I read your book, where is that kind of opportunity now?" It wasn't just the money, or the power, it's just being more whatever than anybody else...