Interview · moment 4 of 23
Rich Kids' Bullshit Jobs and Finance Bros
from Rich Cunt with Hailey Sacks · #119
Audio-only archive episode — no video to seek.
3 minGuest
Discussion of how wealthy kids avoid being bums via fake startups, girlboss brands, or legitimate jobs in finance and PR, plus Haley's insight into high-stakes finance culture and her sister getting shingles from stress at a bank.
- 7:13The new low thing rich kids do is having a startup, especially girl bosses where you can't tell what the profits actually are.
- 7:26Tim's bit: you come back from Coachella coked out, your dad says you should have a stapler, gets you an office with a COO to actually run it.
- 7:37Rich parents create bullshit jobs to safeguard their own image, but the kids who go into finance and PR aren't actually in bullshit jobs.
- 8:07Instead of being bums, a lot of these people just have sobriety issues and mental illness.
- 8:30Finance is a high-stakes environment where you're playing with people's money and mistakes aren't tolerated, regardless of who your dad is.
- 8:49His sister got shingles from stress working at a major bank because the pressure was so intense.
- 9:21Tim knew guys in the mortgage industry from Orange County making tens of millions, but they were cowboys, not Upper East Side society people.
- 9:57There's total separation in childhood—prep school kids and WASPs existed in a completely different world that he didn't encounter until college.
- 10:09The guest didn't even meet WASPs until college, which people don't understand about class segregation.
startup cultureUpper East SideWeWorkfinanceGoldman SachsOrange County, California