Hello! It’s Dan DeFrancesco checking in from NYC.
Today we’ve got stories on what bonuses on Wall Street are set to be (hint: not good), how VCs are feeling about their crypto bets, and tips for standing up a freelancing gig that could earn you more than $200,000 a year.
But first, bigger isn’t always better.
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1. It’s not the size of the dog in the fight, but the size of the fight in the dog
When you think of investment banking, a handful of names probably come to mind: Goldman Sachs, Morgan Stanley, JPMorgan.
While those massive banks play a crucial role in dealmaking, they’re not alone. Boutique investment banks might lack the name-brand recognition of their larger peers, but they also get their fair share of business.
Younger bankers also think they’re a better place to work, according to a recent survey covered by Insider.
In an effort to understand what’s so enticing about working at a smaller shop, Insider’s Emmalyse Brownstein interviewed a first-year investment-banking analyst at an elite boutique firm.
Emmalyse’s story — which is written from the perspective of the banker — is a fascinating read on what matters, and doesn’t, to young bankers early in their…