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Showing posts from October, 2017

Don't Rush into the MongoDB IPO

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MongoDB (MDB), one of the biggest names in NoSQL databases has gone public! Investors rejoice as the stock shoots up over 30% in its debut on the NASDAQ last week, putting it’s market cap at over $1.5 billion. In a CNBC interview with CEO Dev Ittycheria on IPO day, he claimed that MongoDB sees itself as a partner to cloud giants like Amazon and criticizes traditional database technologies as archaic. The company also touts the Stack Overflow survey of 64,000 developers that reported MongoDB as their preferred database to work with. For the average retail investor potentially looking to jump on the MongoDB ship, there are a few contextual points you will want to understand with regards to these comments. Unless you work with both NoSQL and traditional relational databases (RDBMS) on a daily basis, there will likely be knowledge gaps you will want to fill before deciding whether or not to invest. First, a three sentence description of SQL and NoSQL . SQL - involve

My Most Difficult Interview

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I interviewed with Palantir - $20 billion valuation as of this writing. It is a company that produces software and largely works with governments and institutions in areas ranging from cybersecurity to financial fraud detection. It was co-founded by Peter Thiel and in his book Zero to One, coauthored by Blake Masters, Peter reveals his favorite question. What is something you believe in that the majority of the world does not? Had I read the book prior to this final round I would have been much more prepared. The exact same question was asked to me – a wondrous example of when reading books about the industry in general can help tremendously. In an interview, you want to begin answering a question before the “awkward time zone”, defined loosely as the time it takes before responding becomes late and creating an impression of not knowing what you’re talking about. I believe 10 seconds of silent thinking is the limit before one enters the zone. 10 seconds is usually sufficient t

Thoughts on Interview Strategies

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There are many useful guides out there that give information about how to prepare for interviews - smile, research the firm/position, send follow-up emails, among others. I would agree that these are all important steps but the reality of today's job market demands much more than simple heuristics. The job markets I will speak to in this post involve analytics, consulting, business and finance at a general level. I originally prepared this information for a volunteer speaking event done for UniCareer - a career development organization targeted towards international students, but these tips and methodologies are universally applicable in today’s job market. From my peers and first-hand experience interviewing at financial services, consulting, technology, and marketing firms, there are a few predominant practices and categorizations I find helpful to distinguish. I believe the most useful initial breakout of an interview is behavioral vs technical. Broadly speaking, behaviora

Thoughts on Personal Finance

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Personal finance is a tricky subject for young workers, as it is often a scary and unfamiliar path. Whether or not you took personal finance classes in college, it will definitely be something you need to prepare to deal with, as your actions (or inactions) will have drastic consequences. With current interest rates, putting money in a traditional savings account is akin to stuffing money under a mattress. Here I seek to highlight alternative methods of saving that will preserve and grow the value of your money. Why does preservation of capital matter? For simplicity sake assume you graduated in 2013 and have been working for the last 3 years taking home an average of $100K a year. According to U.S. Inflation Calculator , you effectively lost $6.6K over that time just due to inflation (2.2%). Another way of putting it, the average prices for goods and services have increased 2.2%, thus eroding your purchase power. So what exactly are these better uses to grow your savings? The foll

Thoughts on Offer Letters

Why should you not treat the final round of an interview as a binary outcome? Because your ability to negotiate the offer is predicated on your performance relative to the company’s true maximum budget. When an offer is extended to you via phone call, it is usually an HR employee or hiring manager who is calling you to congratulate you and provide the high-level offer details (salary, benefits, potential start date, etc). And of course with any offer you receive, you should negotiate it. Say for example, you are calling back the hiring manager, she will have to contact someone in HR to see if the max budget can be pushed, assuming your ask is above that number. The amount of effort she puts into fighting for you is directly proportionate to how much you impressed her and the team in the final round (and whatever else you told her in your negotiation follow up call). She will write up a case to senior HR or whatever budgeting team she has to work with and highlight your x y z skills,