

However, start-ups allow you to create individual impact on the start-up itself AND on the market.Ĭurrently I'm working in SaaS sales at a unicorn startup. So if you're looking for huge and all encompassing finance impact will most likely take the pick.

You can't impact the economy much more than you do when you work in financing the entire workforce. I know this is one of the largest and most debated reasons why people are going to work for start-ups. I think there are a couple huge points for why many people are going out to Silicon Valley instead of pursuing the traditional Wall Street road map. (obviously slightly biased website but the information is good). And honestly it revolves around a couple key points in difference but also similarities. So if you have noticed over the last couple years there has been a huge push on whether to go to Wall Street and work at a huge brand name bank or to Silicon Valley and gamble it all away on start-ups. Wall Street Is A Thing ( Originally Posted: ) You can check out a video about the war between Silicon Valley and Wall Street for talent below: Another user pointed out that the work is appropriate for different personalities (IE someone who may do well at Google may not do as well at GS).Several users pointed out that working in computer science requires knowledge of programming.Pay in wall street careers goes up more quickly than it tends to in tech.Much of your bonus pay at tech firms will be paid in restricted stock options that vest over time.While the OP makes a solid point about the pay disparity and lifestyle differences, our users shared a few other factors that separate these two different paths. Skill Difference Between Wall Street and Technology Jobs Silicon Valley firms believe that making the workplace environment enjoyable leads to better work performance, regardless of the hours worked. The Google employee may get paid less, but he works less, has much more perks, and is actually living a higher quality lifestyle. Now let's run the figures on a cost of living calculator.Īccording to the calculator, $130,000 in San Jose is like making nearly $200,000 in Manhattan!
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Benefits: Free food, free electric car, laidback and "fun" environmentĬost of Living Difference Between NYC and Silicon Valley.While tech jobs are known for paying well, they are better known for having more comfortable lifestyles and having a better focus on employee happiness.
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Software Engineer Google Salary and Lifestyle Benefits: Prestige, significant pay increasesĬheck out more detail about Wall Street Salaries in the WSO Investment Banking Industry Report.We review the salary and hour details for Wall Street below. Wall Street is known for offering high salaries in exchange for demanding work hours.

Let's do a general comparison between a Goldman Sachs IB analyst and a Google software engineer (I have personal contacts giving me this information please correct me if I'm wrong). But do they really live a rich lifestyle? Comparing Wall Street and Silicon Valley A ''few'' others though did it through love and passion for finance. I think we all know what that one reason is.

Which worker would have the more luxurious lifestyle? Many investment bankers today turned to Wall Street for one reason.
