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

Working Fathers, Including CEOs, Want Work/Life Balance, Too

by Derek Loosvelt  |  June 15, 2016

Having a healthy work/life balance means different things to different people. To some, it means not working more than a certain number of hours a week. Say, 40 or 50, or even 75. To others, it means being able to work, at least part of the time, where you want and when you want, irrespective of how much time you actually have to work. That is, being able to work at home or remotely if need be, or just once in a while if there's really no need for the daily commute. And to others, it's a... Read More >

Summer Internship Kick-Off—What You Missed Part 2

by Derek Loosvelt  |  June 06, 2016

This past Wednesday night, Vault held its inaugural Summer Internship Kick-Off Event, which brought together more than 150 interns at over 30 different finance firms with nine full-time investment banking professionals. The full-time professionals were part of two panel discussions that took place after a networking session. The panels focused on best practices for making the most of the all-important summer internship. Last week, I wrote about the Read More >

Vault's Summer Internship Kick-Off Event—What You Missed

by Derek Loosvelt  |  June 02, 2016

This past Wednesday in Midtown Manhattan, on a near perfect New York summer evening, Vault held its inaugural Summer Internship Kick-Off Event. The event, which included two panel discussions and a pre-panel networking session, brought together more than 150 summer interns from 30 different finance firms and nine former interns who now work full time.  The full-time finance professionals took part in two panel discussions focused on best practices for making the most of the all-important... Read More >

You Need A Lot of This to Be a Great Manager

by Derek Loosvelt  |  June 01, 2016

According to RPI President Shirley Ann Jackson, the subject of the latest New York Times Corner Office column and one of the highest paid private college presidents in the United States (she earns north of $7 million a Read More >

The Right to Life, Liberty, and Disconnect from Work Email After 5 P.M.

by Derek Loosvelt  |  May 25, 2016

Little known fact about the French: they're just as productive at work, on an hourly basis, as Americans. Well known fact about the French: they're more appreciative, on average, than Americans are of the finer things in life, such as food, wine, and free time. Okay, that latter fact isn't exactly a fact, but I'd wager if sensual and extracurricular appreciation could be studied, the French would definitely out-appreciate Americans. In any case, this week the French had an interesting... Read More >

My Advice for the Class of 2016

by Derek Loosvelt  |  May 23, 2016

There's a sentence in Don DeLillo's new novel, Zero K, his 16th, that I've been thinking about nearly every hour since first coming across it last week. The sentence comes about one-fourth of the way into the book, and is a line spoken by a character who's co-created a sort of cryogenic chamber, a place where people die and then are preserved in death in hopes of being resurrected in the future when technology has advanced far enough so that human immortality is no longer a dream Read More >

What Millennials Really Want According to Millennial Consultants

by Derek Loosvelt  |  May 18, 2016

A few years ago, I was in a meeting with several recruiters and HR personnel at a big Wall Street bank. The employees at the bank (which will go unnamed) openly expressed frustration with their inability to communicate with young job candidates-so-called millennials. At the time, I was surprised at how candid the bank was about its lack of understanding of how to connect with the younger generation. And, in hindsight, I'm impressed with its foresight, because being able to communicate... Read More >

Former Most Powerful Woman on Wall Street Leaned In So Far It Almost Killed Her

by Derek Loosvelt  |  May 16, 2016

Once upon a time, required reading for entry-level Wall Street bankers and traders included Liar's Poker, Michael Lewis's inside account of the bond trading madness at Solomon Brothers; Den of Thieves, Pulitzer Prize-winner James B. Stewart's insider-trading best seller which made Boesky and Milken households names; and Barbarians at the Gate, Bryan Burrough and John Helyar's play-by-play of the RJR Nabisco LBO which brought private equity giant KKR to the masses (and which was made into an... Read More >

Key Ingredients for Startup Success

by Derek Loosvelt  |  May 09, 2016

For every Instagram, there are nine Friendsters. That is, nine out of 10 startups fail. Although what it takes for startups to succeed is thought to be more art than science, a study conducted by the venture capital firm First Round found that certain factors seem to be strongly correlated with startup success. The study, called the 10 Year Project, looked at 300 startups and 600 startup founders. The results of the Project were recently featured by Read More >

The Studly Second Careers of American Pharoah and Jared Leto

by Derek Loosvelt  |  May 04, 2016

I'm rarely this forward, but since there are so many fine-looking sentences in Joe Drape's New York Times article about the second career (that is, the stud life) of Triple Crown Winner American Pharaoh, I'm going to require that you read it in its entirety right this very instant (if you haven't yet clicked on the aforementioned link, you can do so now). Okay, now that you're done reading (incidentally, in the time that it took Read More >