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Re: Got the offer, but...
Old 03-18-2005, 12:25 PM   #3
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Join Date: Mar 2003
Posts: 9,990
The company has been running successfully since 1994. The last time they had a bad year WRT the bonus pool was 1998, and that was only because LTCM blew up and very nearly took the financial system with it. My impression is that this is not a flash-in-the-pan. They are aggressively expanding with two new products, but the products are an extension of what they already do (successfully) and this is a VERY high margin industry (hedge fund).

If they blow up, I can financially handle it. I plan on banking as cash any signing bonus, and the first year's bonus (whatever it might be) would be conservatively invested. I already have roughly 3 years' worth of expenses in after tax accounts, CDs, etc. and have a HELOC in place for another year and change worth of expenses.

I have worked the safe, steady job for years and I think I am ready to go hunting for big game. Just gotta be able to sleep at night, too.
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