I was hoping to unveil that post in a separate thread, but since you've discovered it, I'll reply.
Yeah, we got paid less than they did. A lot less. At least at the high levels. At the low levels, we made more than they did, but that's only because the trader analysts were errand boys.
As for the switch to startup-ness, I'll just say it's a certain messianic desire to create something totally new (as well as at least claim that I own it...however small it might be).
You're totally right about the 2nd tier firm thing. I know lots of guys who did that, and they're happy with it.
I was hoping to unveil that post in a separate thread, but since you've discovered it, I'll reply.
Yeah, we got paid less than they did. A lot less. At least at the high levels. At the low levels, we made more than they did, but that's only because the trader analysts were errand boys.
As for the switch to startup-ness, I'll just say it's a certain messianic desire to create something totally new (as well as at least claim that I own it...however small it might be).
You're totally right about the 2nd tier firm thing. I know lots of guys who did that, and they're happy with it.