Jane Street generated $39.6 billion in trading revenue last year.
With 3,500 employees.
JPMorgan has 300,000 employees and didn't match it.
Citigroup has 220,000. Didn't match it.
Bank of America has 210,000. Didn't match it.
Jane Street has fewer employees than a mid-size hospital.
And just outperformed the entire global banking industry.
Here's the number that will break your brain.
$39.6 billion divided by 3,500 employees.
That's $11.3 million in revenue per person.
Per year.
Every single person at Jane Street generated more revenue than most companies make in their entire lifetime.
How does a firm with no branches, no retail customers, and no TV commercials beat JPMorgan?
Algorithms. Speed. Information asymmetry.
Jane Street doesn't lend money. Doesn't take deposits. Doesn't do IPOs.
They sit in the middle of every market on Earth and extract the spread between buyers and sellers faster than any human can blink.
Options. ETFs. Fixed income. Crypto.
Every asset class. Every exchange. Every millisecond.
And they're so good at it that 3,500 people outperformed 730,000 combined.
This is what the future of finance looks like.
Not bigger banks with more branches.
Smaller firms with better math.
Jane Street didn't beat Wall Street by hiring more people.
They beat Wall Street by making people almost irrelevant.
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