WSO Weekly Wrap-up

June 07, 2025

Hey WSO Monkey,

This week’s forum posts are worth a read. Interns bracing for day one, recruiters playing dirty, and AI creeping into work, while RX is having its main character moment. Are you in the mix or just keeping tabs?

-Patrick

Top Discussions

  1. Why Aren’t MDs More Worried That Someone on Their Team Might Actually Die? - "I work in a less toxic place now, but I still keep thinking how MDs see all this and I’d really like to hear from those who’s been in a senior role long enough to see both sides. Are you not afraid someone on your team might actually die? Do you not see how close to physical collapse some of the people in your team really are? Are there any internal conversations about the physical limits being pushed? Has this kind of breakdown just become “priced in” to how deals get done? Are you not worried about the consequences you’ll face if someone in your team dies?"

  2. Internship Eve - How Are We Feeling? - "Good luck to everyone starting. FWIW, I had internships in banking that went well, as well as others that didn't go so well. If you struggle or it doesn't go well, it doesn't mean you aren't sharp or aren't cut out for banking. Different shops have different expectations. Hang in there."

  3. What Makes RX So Prestigious - "Rx was always something you fell into, we were the island of misfit toys. The big firms rarely recruited out of undergrad so there was a ton of industry experience all over the locker room. It’s changing now as firms start to recruit undergrad increasingly. Even starting to see success fees get baked into RX fee statements outside of PEPI. I don’t think it’s a coincidence that PE fired like 200 VPs last year, m&a banks have been in cut mode since late 2023 for deal flow that never came and pods are blowing up all over the place. RX is just high flow right now amidst record activity at a time when other fields are tough to get into & low flow..."

Exclusive Interview With The Largest Insider Trading Forum on The Dark Web

We interviewed the administrator of The Stock Insiders, the longest-running insider trading forum on the dark web. He explained how members, mostly investment bankers, consultants, and corporate executives, anonymously exchange material non-public information for major profits.

He also talked about how this elite community operates, why joining is harder than landing a top finance job, and how they ensure security on the dark web. Want to know how insider trading really works?

Top Discussions (contd.)

  1. Is It True That Women in IB Are Hostile to Each Other? - "Women tear each other down in finance because there are still remnants of sexism + toxic industry. Give it another generation and I think it'll start to get better somewhat. The industry will still stay toxic though. Hyper competitive shrinking red ocean industry. I've heard S&T is actually great for women because it's far more meritocratic and female traders or saleswomen can easily get others to STFU by pointing to their book and the amount of money they brought it. Lots of women thrive in eat what you kill environments, be it S&T, Real Estate (traditional or commercial), energy marketing & origination, or any actual sales focused role. Sometimes women are even better at sales then men because they're better at empathizing and building relationships than men even, so they can generate repeat business over years + have a solid rep being their for their clients..."

  2. Recruiter Horror Stories - "Our Analyst did not give notice, nor did he get far in the other interview process, but the recruiter thought its just a matter of time until our Analyst leaves, so he wanted to be proactive. The recruiter told me they have a massive database of active candidates that are ready to step in. I wonder if this agency posts vague job postings to gather candidate profiles and source new placement assignments by reaching out to the candidate's current employer?"

  3. AI Can Now Draft 95% of an S1 IPO Prospectus in Minutes - "I mean, it's not like all S1s were previously written from scratch. You were always going to work from an existing document / template and then iterate the last little bits to be company-specific. I'm sure AI can accelerate that, but I doubt it's that fundamental of a change. DSol has an interest in looking tech-forward for prospects / shareholders, and that incentivizes statements like this. It's the same deal as Klarna loudly announcing they were laying off people because of AI and then quietly rehiring them."

New Podcasts Coming in Hot 🔥

  • Brock to A&M | Chat with SJ | WSO Academy

  • Carnegie Mellon to Software PE | Chat with Charles | WSO Academy

Hot Jobs 💼

Venture Capital Associate (Life Sciences, Boston based) - "The team is seeking an Investment Associate to join as a generalist across their three sector focuses (biotech, digital health/tech, and tools/diagnostics) in Boston metro with an ASAP or Summer 2025 start date..."

Equity Research Analyst - "Buy-side research analyst opportunity with a family office. The analyst will work with the direct investment team and report to the Portfolio Manager. The team employs a fundamentally driven investment process and an owner’s mentality...."

Research Associate (Equity Small Mid Cap) - New York, NY - "This position will support the Small/Mid-Cap Equity research team and initially be responsible for covering multiple sectors in support of current team members."

On Deck - Training 🎓

All in Eastern Standard Time

Stay Strong,
Patrick Curtis
CEO and Founder, WallStreetOasis.com

WSO Mobile App: iOS | Android

PS - We're also always looking to add resume reviewers and WSO Mentors to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go here.

PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know!




* PE Interview Bootcamp includes lifetime access to the PE Interview Course
** FMV Bootcamp includes lifetime access to the Elite Modeling Package
*** IB Interview Bootcamp includes lifetime access to the IB Interview Course