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Compared to? Google of 2008? Believable. Goldman Sachs? No.



Do you have personal experience or are you just playing to a stereotype.

I don’t have experience with either organization but have worked for a big tech company and a big finance org and the finance org was much less bureaucratic and got more done.


I have worked at both. Literally nothing happened the entire time I was in my group at Goldman, because everyone spent 100% of their time on compliance and friction.


That's because you didn't work in a revenue-producing line.

Goldman has people in their mid-20s managing books of business larger than most listed companies and responsible for hundreds of millions in revenue per year. That isn't possible with a bureaucracy (this is how you get the huge insider trading cases, like I know people who worked there, were there for a few years and could not imagine the amount of business they were doing as relatively junior employees...it is a crazy system but seems to work, back in the early 90s they would give prop books worth hundreds of millions to grads a few months out of college...again, it was genuinely mad but it worked).


The compliance framework in the financial organization I worked at was much lower friction than at the tech company. It felt like something they took seriously so integrated it as a first class requirement. As opposed to at the tech org where they seemed to treat it like a chore they had to check off a list.

I suspect that this is something that is organization dependent not a uniform trend in either direction.


That’s why I posed it concretely instead of as FAANG vs finance.




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