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

This thread is about their job, but these guys did similar work to get out of school. To get the best jobs, they had to prove they were the best of the best at school.

Silicon Valley was like that in the 70’s and 80’s. We were paid stupid numbers, but the pressure was tremendous. You couldn’t be second to the market. If you were late, your performance had to be 2x, or your price had to be 1/2. If you did both, you could become the new market leader and makes millions for your company. And as soon as your design hit the market, you had to do it all again with version 2.