How did you do it? Financial Success Thread

[RJT]

Yes, it was a good story SM, but just a few thoughts – maybe the post left things out that are assumed by those in the industry. For those of us not in the know:


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Salary - $30k.

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It was $7m … I spend halftime my second year going up 50% in the fund (no fault of my own...it was lucky, I had no idea what I was doing. I am not a modest person, this is just how it was).

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My 50% year generates $750k for the partnership

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They give me $15k.

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They screwed me, and I don't think they even realized it.

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(they kept me on as a consultant during HBS to help defer my expenses).

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They screwed me, and I don't think they even realized it.

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From Howard Treesong: I would have made an argument for 20% of the realized gain and been entirely satisfied with 10%. Had I been on the other side from OP, I probably would have offered 50 and let myself get talked up to 75.


I know this is probably how big business works. But, if we take a step back and look at this - how is this any different than the union worker wanting more money when “he” makes the big corporation so much money?

How much would be fair for the OP to pay the company had he lost $750k.