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by vostok 3491 days ago
> You can think of investment bankers as salespeople.

I agree. That's exactly how I think of bankers.

You actually have the same problem come up with other sales people too. If I'm buying a $100 million product from you, I'm probably buying it with other people's money.

I don't care that $5 million of that is going towards the sales person's bonus, taking me out to dinner, etc. I'd rather pay $100 million and have you buy me a $1000 steak dinner than pay $95 million and not even get a birthday card. Of course I want my HBS classmate to handle my account.