As promised, a slightly more elaborate (or rather, descriptive) update.

As you may or may not have known, I had been working at a large investment bank for the last year since returning from my travels. It's a place where I interned twice and enjoyed enough to want to return to as a graduate - the work was interesting and the people were great.

Without going into full detail, our graduate scheme requires us to complete several six month rotations before choosing a team to permanently settle in. The incentive structure for the process of picking placements at each stage is maligned and essentially I had a poor first rotation placement (great people, dull work, learnt very little) and as a result didn't get my top preference for the second rotation team. I enjoyed my second rotation team but it wasn't somewhere I wanted to stay permanently - the work was semi-interesting but there was very little support from the team, purely as a result of it's small size.

Our graduate scheme was shortened to just two rotations and beginning in August, we began the process to choose a team to settle in. I found that most of the interesting teams either already had a graduate in mind (someone who had previously been on that team) or that I didn't have the requisite skill set (when competing against other graduates). Suspecting that this might be the case, as soon as we heard news of this change, I fired off my C.V. in an email to popular music recommendation website - http://last.fm.

Roll around to mid September and for the most part, it was exactly as I had guessed. I'd gone through the interview process at last.fm and with an offer in hand, I spoke to our graduate HR who, unfortunately, weren't willing to offer any other choices. With some trepidation I sent in my notice of resignation.

Quite a few people tried to convince me before I left the bank that I'd hate it outside of finance - they were shocked that I was even considering leaving investment banking and they thought I'd get bored. Naturally these fears played heavily on my mind in the four weeks preceding my new job. Luckily it was more FUD than actual insight.

I've been working at last.fm for a week now and it's great. The people here are wonderful - very helpful, friendly and they know their stuff. There are fewer politics than at the bank and I find it a much more productive place to work. There's no bureaucracy blocking me from doing my job, I have a fast computer and access to whatever developer tools I want to use. In addition, there are fewer distractions throughout the day, no pointless meetings and no constant interruptions. We get to use cutting edge technologies too, versus the cutting edge of three years ago at the bank. As a technologist, I feel more at home here than I ever did as a graduate at a bank.

To sum it up, the first question most people working at the bank asked me when I said I was leaving was 'how much are you getting paid at the new place?'.
The first question that most people working at last.fm asked me when I mentioned I used to work at the bank was 'what were you working on?'.
I'm happy to be a part of the second group :-).