re: How do you feel about young NY investment bankers being worked 80-100 weeks?

I had 2 IB offers post MBA. The culture is so bad, not just hours but how bosses are. Stereotypes are usually true. The 80 hours don't end 2 years in. They last until VP/SVP level at 35-40. Maybe 70 hours at 40 years old. Maybe 60-65 hours at 50. If you show up after your boss to work or leave before him, you can kiss the job goodbye. There's also fewer spots as you go up.

I went to a top 10 MBA and talked with every bank/studied what all they did. Turned it down for a job that pays a lot more per hour.

My company just got a new UT grad that had competing offers for Investment banking analyst from JP Morgan and Goldman Sachs. That's the very tip top for finance. Hundreds of thousands going for maybe 150 spots. We also have another analyst that did an internship with Credit Suisse IB and declined full time offer to work for us. An MD worked at Jefferies IB as well. All these guys say it isn't worth it. I luckily work for an excellent startup company with shares that will 10x if we get the license for a certain project.

My prior boss did Investment Banking, the dude would threaten to fire me if one single column on an excel sheet with 20 pages was 1 pixel larger than the other columns. He sent me a 5 paragraph email telling me how inappropriate it was that I started an email with "Hello" or "Hi". He was so toxic. Biggest surprise to me was that he had a wife. I could not wrap my head around how any woman would want to spend her life with him.