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Hi Fishes,
How much can I ask from BNY Mellon for the role of Lead Full-Stack Engineer.
My Tech stack: Java, Spring Boot, Microservices, React, Node and AWS
YOE: 7.5 years
CCTC: 23.71L all fixed. Have received MVP bonus of 1.6L EY Tata Consultancy Deloitte Accenture PwC ZS Associates PwC
Please do comment and put your thoughts.
Hello folks at Uber, I’ve been approached by a recruiter for the role of a Regional Operations Manager - Eats’ Marketplace team. Wondering how this fares against the Strategy and Planning team (which I’m guessing is the most elite Strategy team at Uber). Also, should I be looking out for any other non-engineering teams within Uber that are well known for what they do?
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Larsen & Toubro Infotech I am an SAP basis hana consultant with 10 yoe.
I want to change my career to some other technology . I am not interested in coding bcoz I am not good at coding.
Could you all please suggest any alternative technologies which I can learn and which is in Demand. Tata Consultancy Accenture HCL Technologies Infosys Deloitte Wipro IBM Cognizant Larsen & Toubro Infotech Tech Mahindra
Who here have abs 😬
How much do principals at IQVIA make?
Super late pickup from my 🔌
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The house of cards will happen at some point in the next few years. Way too many PE firms buying these small accounting/consulting shops. On the face, good investments because asset light and decent margins. The only way they can show decent (double digit) growth is by acquiring revenue through acquisitions and taking out some back office costs. The problem is that there is little to no organic growth and the culture at every PE invested firm that I am aware of has suffered significantly. The lower performing partners get fired (not a bad thing) but the higher performers leave. There are only so many “flips” that will happen. Many funds will be caught holding on to these firms for a very long time. Again, not a bad thing as the margins are relatively good. But at some point, the LPs want a return/liquidity event. Will be very curious as to see what happens. My best guess is that 25% achieve the returns they expect.
EY1: OP1 didn’t say what industry. Tech is a very different game than services
Mentor
Selling out future generations to outside shareholders sounds like a great idea until the music stops
F
Majority of people I know in PE never hit the jackpot
Feast or famine OP. In rising markets, with easily available capital, it really is as easy as it seems. When the music stops, then the LPs take a huge haircut.
Yes, suggesting the music is slowing…
Many firms use roll up strategies to build value. Sometimes works, sometimes doesn’t. When they are buying these companies, are they taking on debt? Growing value 3x by buying companies won’t work if too much debt is ahead of the equity value. Not to mention all the operational things that can go wrong with acquisitions and integrations…
In most industries, you pay a premium to buy the companies you are rolling up too. Best if you can pay in equity.
It’s not easy. This might be one of the hardest times PE has faced in getting to exit. They have a ton of companies in the inventory, some financed at Covid lows and until recently couldn’t see an exit path. That’s why you hear of continuation funds. I wouldn’t fall for the hype. Some PEs will do well in the next year. Others are gonna get hammered.