No let me have stripe

[kind folio]

Plz and thanks

[ionic pulsar]

😭

[humble lily]

reverie would say optiver is anti signal

[ionic pulsar]

LOL he’s so real for that

[humble lily]

💸

[ionic pulsar]

idk stripe has always felt like crud to me

[humble lily]

unless low latency stripe better imo

[ionic pulsar]

Do they do anything interesting

[humble lily]

stripe low level infra is sick

i interviewed with a guy on that team

[ionic pulsar]

bro what low level shit ru doing at stripe 💀

[humble lily]

literally my type of dude

distsys

[ionic pulsar]

Yeah bro process my crud api faster 😭

cash.balance+=500

[echo sparrow]

for intern I would go with optiver

make that bank

[humble lily]

optiver is cope

[ionic pulsar]

yea I might try to push this to off season

[humble lily]

they're the slowest of the hfts

[ionic pulsar]

wait slow how lol

slow people? Slow systems?

[humble lily]

highest latency

[ionic pulsar]

ah

[humble lily]

tbh u dont need to be the fastest to make bank

but kinda cope when u give out so many cppcon talks about low latency cpp when ur the slowest

[ionic pulsar]

LOL that’s kinda funny actually

[gusty socket]

Didn’t they also have a bad year

[ionic pulsar]

wait @stuck pulsar ru sure they only do summer this year

Could’ve sworn they had winter last year

[ionic pulsar]

Optiver? No they’ve been doing extremely well these past 2

[gusty socket]

No they haven’t

I know people that work there and said it was a bad year

Iirc

[ionic pulsar]

o interesting

[humble lily]

only summer

no winter

[ionic pulsar]

😭😭

[civic cedar]

ye they did offseason last yr but not this yr

[ionic pulsar]

man that’s actually mad annoying

[humble lily]

i need winter so bad

[civic cedar]

@ionic pulsar wd u even take stripe over db is the Q lol

[ionic pulsar]

dude lowkey I have no idea

I always thought stripe and db were the best big tech companies

[gusty wing]

Stripe fell off

Tc dropped to 🥜

[gusty wing]

The comp has gone up pretty nicely

But that doesn’t necessarily mean its gonna stay up

[manic root]

Crud >>>

[ionic pulsar]

lowkey getting some buyers remorse rn w optiver

Maybe I should’ve gone w databricks 😭

[humble lily]

still is

[ionic pulsar]

Maybe stripe can save me

[gusty wing]

Getting an offer is kinda adverse

[gusty socket]

And num employees has gone down

And marbles got slashed

[gusty wing]

Wait when

[ionic pulsar]

wait who ru getting this info from lol

[gusty wing]

Are they not 5k anymore

[manic root]

Fuk I did stripe OA when I was tired 🥲 there’s always next year haha

[ionic pulsar]

I have not heard this from anyone

At optiver

[gusty wing]

I thought marbles went up

[humble lily]

@gusty wing lol thats mean

[gusty socket]

They are based on profits

[ionic pulsar]

I spoke with like 4 engineers

[gusty wing]

What makes you say theyre down

Last year was 5k right

[gusty socket]

The multipliers

Are not as high anymore

[gusty wing]

Are multipliers like the perf bonus part

[gusty socket]

Yes which is the marbles

[gusty wing]

Where they multiply the marbles by 1.x

Isnt the number of marbles employees get fixed before the year

[gusty socket]

No it’s not fixed

[ionic pulsar]

No that is perf based

[gusty wing]

Wait so whats the point of marbles

[ionic pulsar]

The value of the marvels themselves are a share of profit

[gusty wing]

This just sounds like a bonus with extra pointless steps

[gusty socket]

Each marble gets a value based on profits

[ionic pulsar]

Probably what happened is that profits went down and marble value went down with it

[gusty socket]

And multipliers went down

So not just value of a marble

[ionic pulsar]

?? Idt there’s a multiplier lol

[gusty wing]

Whats multipliers vs number of marbles

[ionic pulsar]

that doesn’t make sense at all

[gusty wing]

I have heard of multipliers

I think they exist

[ionic pulsar]

yeah what is the point of the marble if u can fuck with the multiplier

[gusty wing]

But idrk what they are

[ionic pulsar]

lol wtf

[gusty socket]

Also the allocations are less for early career or something

[ionic pulsar]

do u know what it’s like for second year at imc danimals

[gusty socket]

Idk. I heard optiver changed a lot over the last year with the bonus stuff

[ionic pulsar]

Someone told me it was 330 -> 400

[gusty socket]

Not really

[ionic pulsar]

At optiver

[gusty wing]

175 base 50-80 bonus

[gusty socket]

My goal for next year is a firm a tier above IMC and optiver

Like jump, five rings, js, HRT, omc, etc

[ionic pulsar]

wtf that’s terrible

250 is the max?

[gusty socket]

That’s wrong

You’re not counting perf bonus

[gusty wing]

50-80 is perf

Signing is 90 for first year

With 65 perf

Then second year perf becomes 50-80

[gusty socket]

That’s wrong lol

Perf varies

[gusty wing]

This is what i got from someone who works there

[gusty socket]

A lot

[gusty wing]

Maybe they lied

[gusty socket]

I know 4 people with offers that are higher

[gusty wing]

This was their return offer value

[manic root]

Damn wish I could say 175k base is terrible 🥲

[gusty socket]

Including returns

[gusty wing]

Maybe they were just weak af

[gusty socket]

Sign on ranged from 70-110k

Perf varies a lot

And expected perf is using base year 2 I think

Idk

It all depends on the person tho

[gusty wing]

Heres the numbers I saw

Do they vary the range on perf bonus based on how good of an intern they are

[manic root]

💀

[random heart]

[gusty wing]

JUDAH

[random heart]

Baller be ballin

COOPAH

[finite crypt]

hater is a hater

[gusty socket]

Yes I know someone with 365k tc return

[gusty wing]

How much of that isnt signing

[gusty socket]

It’s like 175k 90k 100k

And 90k is sign on

[finite crypt]

yeah do the math

@gusty socket don’t delete

[gusty wing]

Is there a range on that perf

[gusty socket]

Sign on ranges

I think

[gusty wing]

Interesting

[gusty socket]

I would not work at cit

[gusty wing]

So the person I found got screwed lol

[gusty socket]

No someone else ik just got an offer at 330k tc but he’s probably not gonna take it

I’m doing IMC this summer

[gusty wing]

Stripe just fell off hard and people dont realize

[gusty socket]

No I would’ve picked IMC over optiver

[gusty wing]

Used to be best tech company, now its mid

[gusty socket]

For tech it’s better

Trading optiver is better

[gusty wing]

Whats imc better for

[gusty socket]

Tech

[ionic pulsar]

Wait how lol

[gusty wing]

What does tech mean

[ionic pulsar]

Like besides culture and hours

[gusty wing]

Like moving to big tech after?

[ionic pulsar]

imc u might get put into Java project

[gusty socket]

They have better technology and teams are better

Stronger devs

More interesting work

Comp is similar first few years between IMC and optiver

[ionic pulsar]

How does that work lol

like what is imc doing that optiver isn’t

[gusty wing]

[gusty wing]

Java

[ionic pulsar]

I’m genuinely curious btw

[gusty socket]

Not all teams are Java

[ionic pulsar]

Not attacking

[gusty socket]

If you get execution it’s c++

Optiver is ,#

C#

[ionic pulsar]

But they told us that like half the interns get Java

[gusty wing]

Is that the 175/65/90

[ionic pulsar]

At least that’s what my interviewer told me

[fossil hound]

who keeps pinging @finite crypt @gusty wing

[gusty socket]

I think

[ionic pulsar]

I cannot imagine at least half the people there wanting to do Java project

[gusty wing]

So is that the normal offer

[gusty socket]

They take your considerations highly when picking teams

[gusty wing]

And people who exceed get higher

[fossil hound]

let’s go

[gusty socket]

So if you pick c++ for all your choices

[ionic pulsar]

So even if it’s preference based project matching someone is getting fucjed no

[gusty socket]

You get c++

Out of 41 interns last summer. Only 3 did not get a top 5 choice

[ionic pulsar]

Interesting

Also what does better devs mean here lol

Like optiver interview was noticably harder than IMC imo

At least for interns

ur messing with low level stuff vs like coding up a matching engine in Java

[gusty socket]

I agree about interview difficulty but it’s not 1 to 1

[ionic pulsar]

true

[restive topaz]

i think optiver fell offer. my friend interned there twice and still chose five rings over it for fulltime

[gusty socket]

Five rings base is 300k dude

Tc is 550k+ for trading

I think most would take five rings over optiver

[ionic pulsar]

would u say imc has better res value than optiver then @gusty socket

[gusty socket]

For what industry?

For trading firms it’s the same

[ionic pulsar]

big tech I guess?

trading same makes sense yeah

[gusty socket]

If your goal is big tech then I’m not sure why you’re doing qswe

[ionic pulsar]

I like to hedge my bets lol

Cuz I am not 100% on trading

[gusty socket]

No I mean it more along the lines of interesting work. Work is not interesting at big tech

I would say they provide equal resume value

[ionic pulsar]

Icic

[gusty socket]

Like most people that have heard of optiver probably have heard of IMC and vice versa

Neither is bad option lol

Obviously

[gusty wing]

Theyve all heard of state farm too

[restive topaz]

bro ur the one with five rings 600k tc job

congrats on five rings hrt

[gusty wing]

Danimals how confident are you about optiver downfall

[ionic pulsar]

800k stocks

100k base

[restive topaz]

congrats on getting #1 startup this year

[gusty socket]

When did I say optiver downfall. I just said they didn’t have a great year

The firms with really really really bad years were Akuna, Wolverine, Valkyrie, Geneva, and I think HRT

[gusty wing]

Well you said their pay will drop

Like how bad will marble tc get

Relative to last year

[fossil hound]

optiver is doing fine

[civic cedar]

ye hrt had bad yr

[gusty wing]

No optiver is bad

Bad

[gusty socket]

They just restructured the marble system. The value of a marble is based on profits

If the firm does worse yes your bonus will be less

[gusty wing]

Like for employees whats the ratio of last years marble pay to this years gonna be

The ratio of (Marble count * value * multiplier)

[gusty socket]

Why would ik

They haven’t announced marbles this year anyway

[gusty wing]

Idk you seem convinced its going down from people on the inside

[gusty socket]

Just cause I’ve heard from people the firm isn’t doing as well doesn’t mean I know what ratio the bonuses are going to change or anything like that

Also from a marble standpoint unless they changed it this year 2/3 are for traders and 1/3 is for swes. The number of traders = number of swes

[gusty wing]

@finite crypt says its equal for both now

[ionic pulsar]

hater ru also incoming at optiver

[gusty wing]

No

I’m starting ft elsewhere

[ionic pulsar]

oh 👀

[gusty wing]

I’m just trying to get more info to use for my hating

[ionic pulsar]

ammunition 💀

[gusty wing]

This claim seems bold if you dont think marble value is going down noticeably

[gusty socket]

New grads don’t get marbles first year anyway

I think

[gusty wing]

They get like 400k tho right

[ionic pulsar]

No marbles ng

[gusty wing]

And like 350 second year

I thought their pay before marbles was high

[ionic pulsar]

330 is the ng offer I think

[gusty socket]

Comp is like the same first year as IMC

[gusty wing]

Wait really

Thats good for my hating if true

[ionic pulsar]

At least in Texas

Might be higher in Chicago

[gusty wing]

I think pay is equal for austin/chicago

Oh I think 400 is return intern

[gusty socket]

The differences are more apparent around year 4-5 because marbles scale higher than IMC perf bonus

[gusty wing]

They pay higher for that

[ionic pulsar]

is quant rope if ur not making at least 400 ng?

[gusty wing]

Yeah

[manic root]

Bro arguing over marbles (im jk don’t attack me 😢)

[gusty wing]

Hi

🙂

@random hearth yo

[gusty socket]

If you care about pay go to headlands for 750k

[random heart]

[gusty wing]

@polar sun got headlands

[gusty wing]

What happened to astronaut toad

I miss him

[random heart]

His landed back on earth

[ionic pulsar]

I heard radix was also smth crazy

Like 600 ng

dude honestly that kind of money is lowkey inconceivable to me 💀

[gusty socket]

At the end of the day you really can’t go wrong with any of these firms

Like I plan to re recruit at least

And a lot of it is personal preference about culture

[ionic pulsar]

true true

[gusty wing]

Yeah its a balance of culture location pay

[manic root]

@gusty wing I saw that 💀

[gusty wing]

What did I do

[manic root]

Said fuck you to me

😢

[gusty wing]

When

I said hi

And sent a smiley face

I thought we were friends

[snow vigil]

i heard they arent doing offseason this year

[polar sun]

Their ng pay is nowhere near that tbh

People need to stop spreading LIES

[gusty wing]

Is that why you rejected them

[polar sun]

🛑

[gusty socket]

Then what is it?

[polar sun]

Like 350-500

[gusty socket]

That’s cap 😂

[polar sun]

Shrug

Go get an offer and report back then

[gusty socket]

Someone I know did… and it’s higher

[polar sun]

Probably negotiated

Even then it won’t be much higher

[gusty socket]

Like Js and five rings are 550-600

[polar sun]

Is 5r this high now? Interesting

[gusty socket]

They will match js and one my friends who interned at Jane last summer knows like 3-4 people that got 5r offers in that range

This is trading btw

Not sure about swe

[stuck pulsar]

ye

[ionic pulsar]

Lolol yeah was just tongue in cheek

That’s crazy tho 💀

[rough scroll]

how so?

[rough scroll]

optiver gives traders more marbles than swes? 😦