e Payment W Common w Payment r Rec e Payment r Payment hA long time ago, initial public offerings were the end game for many technology start-ups: you could go public, get acquired, or die a spectacular death.
Or just muddle along and die a slower, more painful death.
And then one company came along and changed all that.
While everyone has been obsessing over Facebook’s IPO today, the great irony is that Facebook itself has made IPOs less relevant than ever before.
Here’s how the IPO process normally works when you’re at a bank, and what Facebook did to upend most of that – and make thousands of people very wealthy in the process:
You might say that it’s “pretty tough” to break into investment banking in the US these days – even if you have perfect grades, an Ivy League degree, great work experience, and you’ve networked so much you never want to “meet someone for coffee” again.
Now imagine that you come from a… slightly different background:
Impossible to break in?
Not at all.
Our interviewee today broke into the industry in under a year, even with all those handicaps working against him.
Here’s how he did it, and how you can do the same – including how to deal with visa issues, how to stand out as an international student, and how to overcome cultural differences when networking.
Let’s get started.