hey all, I need some help deciding between these 2 offers as a new grad because its really comparing apples to oranges because of COL and company size. Here are the details: Goldman Sachs: New York, NY base: 100k sign-on: 35k discretionary bonus but recruiter wont mention what to expect on it Startup: Atlanta, GA base: 108k signon: 15k stock: ~22k (based on series C evaluation) GS team is in IB tech. Startup is just a regular swe team. Startup wont bring their TC up while Im in the process of negotiations with GS. Startup is more money in lower COL but GS is better name for resume. Any help is appreciated. thanks! TC: 60k (intern)
All my friends/most of family are on west coast. Although I do have some family in upstate New York.
GS 100%. Having that logo on your resume will open doors for your next two roles and will snowball into much higher TC later. And this is coming from someone that prefers the fast paced, chaotic and casual nature of startups.
If you had to pick between GS or Amazon, would you still pick amazon? I have their final round in a few weeks
I’m in sales, I don’t have a finance/quant background for GS sales/IB type roles so I’d still pick Amazon. For tech roles from my understanding it depends heavily on what team your on, but it terms of logo recognition I would Amazon and GS equal so I would choose the offer with higher TC and better/more interesting team.
I heard wlb at GS is shit. Prob all depends on if you want to live in NYC or not.
I think that might be true for some front office teams but I heard for tech it’s pretty normal, with some weeks reaching 50 hours max
IBD tech WLB is good, IBD WLB is bad
I worked at Goldman as my first job out of college. Highly recommend. Lots of doors have been opened up due to having their name on my resume
Do you think with GS on my resume, I'd be able to get interviews at trading firms/prop shops even though the role doesn't touch trading?
If it's a back office role (operations) then probably not. You'd want a front office role for sure
Why not Google? Let me refer ya
Take the FullStory offer. Good reputation, lots of potential for growth. Plus that salary in ATL as a new grad is incredible and will go a long ways. Fwiw I know other new grads have gotten 120k base though, so you may have some wiggle room.
Good try but not FullStory. It is a lot of money for new grad in low col. Whats OpenDoor new grad like? I was thinking of applying
Not sure if we have headcount currently - should be finalized in about a month. Last I heard our ATL new grad offers were in the range of 95k base, 10k signing, 30k equity. What other series c startups around here are paying that well?
This is a very tough decision and no bad choice here. GS is a great name and IBD tech is a good place to be, fairly easy work and can leverage GS structure. Startups are chaotic and you'll actually learn more but outsiders won't perceive it that way. The money is actually better at the startup given location. NYC is better for culture and social life. Very dependent on what you want.
Would you rather live in NYC or Georgia?
NYC City sounds more fun as a young 20-something. Although, I’d probably have a nicer apartment in midtown ATL
Where are your family/friends situated?