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Message
re: How do you feel about young NY investment bankers being worked 80-100 weeks?
Posted on 5/9/24 at 8:25 pm to SouthPlains
Posted on 5/9/24 at 8:25 pm to SouthPlains
quote:
As an aside, I’ve noticed an interesting approach at startup SaaS companies with engineers in particular
There was a wild phenomenon called "rest and vest" with silicon valley engineers for a long time, pretty much from 2010 to 2022 where they would just cruise through the day doing minimal work making really good salaries with handsome stock awards, so would just take the easy route through the four year vesting schedule and then go on to the next place.
I'm reading it's getting significantly harder for them to pull that off after Elon pulled the curtain back and revealed that a ton of these guys don't do shite all day.
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