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Old 03-10-2014, 10:13 AM
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Originally Posted by Unregistered View Post
High percentage of engineers started their business because of the limitation in salary...
and many of them flare better than the IBs.. Most IBs are attracted to the salary and bonus they get and this limits their potential and courage to involve in business...
We see many successful engineers or other background ppl in business but rarely IBs.. may be only some small financial consultancy firms and selling products from banks and insurance company... and nowadays it is dying off because if I can buy direct from bank why do I buy from you? Can you provide better guarantee and services? Although the policy is guarantee by bank not you but many prefer to go direct.. And these IBs have to fight for underwriting business from these "useless" engineers.
Heard of seed fund, angel fund, private equity, vc?
This is the difference between engineers and the real world.
Frog under coconut shelf.
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