Derek Loosvelt

Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.

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All Posts by Derek Loosvelt

Is Ivanka Trump's New Book About Work Tremendous or a Mess?

by Derek Loosvelt  |  May 03, 2017

Ivanka Trump, President Trump’s 35-year-old daughter, has written a book. It is about work, and it is geared toward women. It is called Women Who Work: Rewriting the Rules for Success. It was mostly written before her father won the 2016 presidential election. It was published yesterday. It is 256 pages long. Those are the facts. Here are the opinions (about the book). The Read More >

The Myth of 'One True Calling'

by Derek Loosvelt  |  May 02, 2017

It has never made much sense to me that we're born with one true calling and that we must find this one true calling and then do only those things that our one true calling calls us to do to the best of our innate abilities for the rest of our lives. And so, I was pleased to come across Emilie Wapnick's new book How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up, which was published today and which is based on Wapnick's wildly Read More >

4 Skills Startup CEOs Need to Succeed

by Derek Loosvelt  |  April 26, 2017

The latest New York Times Corner Office column is one of the most enlightening and inspiring in recent memory. In it, Leila Janah, the founder and CEO of a skin care startup as well as an antipoverty nonprofit, speaks openly and generously about her less than rosy childhood (the daughter of Indian immigrants, Janah was treated like an outcast as a kid, moved 12 ti Read More >

Are Real-Time Performance Reviews Something to Cheer or Fear?

by Derek Loosvelt  |  April 24, 2017

Imagine, for a moment, if Instagram included, instead of a simple Like option, an option to give each post a numerical rating on a scale of 1 to 10, where 10 means "I love love love it! This is an awesome post. More like this, please!" and 1 means "Are you %$^ing kidding me? Please never post something like this ever again. It is a Complete. Waste. Of time." As you begin to imagine this alternate Instagram universe, also imagine that each Instagram feed has an overall rating attached to it... Read More >

How You Know When It’s Time to Leave Your Job

by Derek Loosvelt  |  April 19, 2017

If you think your job is stressful, you should listen to Alyssa Mastromonaco talk about hers. That is, her former job. During the Obama administration, Mastromonaco worked at the White House as assistant to the president, director of scheduling and advance, and deputy chief of staff for operations. Mastromonaco recently published a book about her time in D.C. called Read More >

3 Career Lessons from Alec Baldwin

by Derek Loosvelt  |  April 10, 2017

Recently, the award-winning actor Alec Baldwin was the subject of an informative, inspiring, and very funny NPR Fresh Air podcast. In it, Baldwin discusses his memoir Nevertheless, his parents, his upbringing in Long Island, his love for old movies, his recent work on Saturday Night Live, how he got started in acting, and what he regrets most about his wildly successful career. There's much Read More >

This New Court Ruling Is a Game Changer for LGBT Employees

by Derek Loosvelt  |  April 05, 2017

It's hard to believe that, under federal law, it's not explicitly illegal to discriminate against employees based on their sexual orientation. However, yesterday, in Chicago, a federal court of appeals ruling went a long way toward outlawing sexual orientation-based discrimination. The court ruled 8-3 in favor of Kimberley Hively, a professor who claimed she wasn't considered for promotions and lost her teaching position at a community college in Ind Read More >

Why Are Startup Employees Implanting Microchips Into Their Bodies?

by Derek Loosvelt  |  April 04, 2017

It sounds like the premise of a "Black Mirror" episode. In Sweden, more than 150 employees at a startup called Epicenter have surgically implanted tiny electronic chips into their hands, allowing them to open office doors, print out documents, and purchase drinks. In other words, gone are card keys and debit cards, and in their place are microchipped thumbs, Read More >

Answering the 'What's Your Five-Year Plan?' Interview Question When You Have No Plan

by Derek Loosvelt  |  March 28, 2017

Do you dread the "Where do you see yourself in five years?" interview question? Do you dread it in part because you have no five-year plan? If you answered "yes" to both of these questions, you're in luck, because the latest New York Times Corner Office column inadvertently includes some excellent advice on how to build a great answer to this often-dreaded interview question that doesn't involve any grand five-year plan. The subject of the column is David Cancel, Read More >

22 Behavioral Interview Questions Big 4 Firms Ask

by Derek Loosvelt  |  March 21, 2017

Gone are the days of having to field 101 technical questions in accounting interviews with the Big 4 (Deloitte, EY, KPMG, and PwC Read More >

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