Reply to How is every last kid going into Investment Banking?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have two sons, aged 24 and 23, who both attended Ivy League schools and now work in investment banking and venture capital, respectively. Both were recruited athletes, and here’s what they’ve shared with me:

Kids from wealthy families with strong connections generally keep to their own circles—unless you bring something valuable to the table. As recruited athletes with charisma, my sons were the table. Those students wanted to be around them because they were seen as “cool.” Everyone can be smart, but not everyone can be an athlete.  Thanks to their athletic backgrounds and the relationships they built with well-connected peers, both of my sons landed internships in investment banking and venture capital. After graduation, those same networks helped them secure full-time roles. My older son is now dating the daughter of a Fortune 100 CEO, while my younger one is still exploring his options—but with plenty of opportunities ahead.  According to both of them, wealthy students do not befriend FGLI peers unless there’s something in it for them. It is quite sad but it is the reality.[/quote]

FGLI kids get in IB MBB all the time.  [/quote]

Source?[/quote]

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