But at the end of the day this is investment banking. And as much as bankers like to say their job isn't all about the money, it's kind of all about the money.
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Insider's Emmalyse Brownstein and Rachel DuRose pulled salary data from a variety of sources to get a sense of what type of base compensation analysts, associates, and vice presidents can expect to receive at nine boutique firms.
So, for a young banker starting out, what's the better pick in the long run?
Boutique bankers will say you can't put a price on face time with key executives and dealmaking experience that goes beyond just revising decks. Bulge-bracket bankers will say having a high-profile firm on your résumé opens up doors that boutique bankers aren't even aware of.
Perhaps someone could build a model that assigns values to all these different factors and assesses the better pick?
2. VCs sound off on what's next for crypto after FTX. We asked five venture investors about their biggest takeaways from the FTX debacle. Here's what they think.
3. Steve Cohen's hopes of getting into the casino game are looking brighter. The announcement of a new stadium in the same neighborhood as Cohen's New York Mets has him feeling good about his plans to build a casino, the New York Post reports.
6. A new, big buyer of company debt has entered the fray. Apollo Global Management raised $2.4 billion for a fund focused on loans it feels aren't priced correctly as a result of the market downturn, Bloomberg reports. Read more on Apollo getting deeper into the credit game.
8.Iger's return to the helm is also an example of the power of Wall Street's activists. We mapped out three other companies where pressure from investors are influencing big decisions. Check them out here.
9. An Instagram account aiming to help laid-off tech workers. Fana Yohannes' Here2Help account supports laid-off workers with job leads and mentors. Here's how it works.
10. Wine advent calendars are a thing, and they are awesome. This beats the hell out of a little piece of chocolate. Check out eight of the best ones.
Keep updated with the latest business news throughout your day by checking out The Refresh from Insider, a dynamic audio news brief. Listen here.
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