Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] during the initial meeting between a Wall Street investment bank and a potential client, the managing director (MD) on the deal usually begins the meeting by introducing "the deal team" (the vice presidents, associates, and analysts on the pitch) with the explicit purpose of awing the client with their smartness, and thus, expertise. The presentation (contained in the "pitch book") not only includes the proposal for the deal, the market overview and competitor profiles, and the financial rationale for, and impact of, the deal, but also the relevant biographies and posed pictures of the team members, which painstakingly details their prestigious pedigrees and affiliations as well as profiles their deal experience and industry knowledge in the corporate cllient's area of business. [...] Positioning themselves as smarter, savvier, and more cutting-edge than corporate America by capitalizing on the aura of elite institutions, investment banks construct a mutually reinforcing connection between the market and the Ivy League: because we have "the best of the brightest" working for us, then what we say about the market must be believed and the deals we envision should be executed. [...]

hahhahahhahahaa

this isnt' exactly relevant to the point i want to make in my book (which is that SV is essentially the same, esp when it comes to raising money) but important thing to remember: just cus someone is smart doesn't mean they're acting in your interests. they serve their own masters, hidden in that black box algo

—p.69 Wall Street's Orientation: Exploitation, Empowerment, and the Politics of Hard Work (2) by Karen Ho 4¬†years, 9¬†months ago