Summit Partners out of undergrad?

If you dont like cold calling, then Summit Partners is not for you. I've met a couple of their more senior guys that we worked with and they have an army of young guys cold calling everyone.

I should have realized there was a catch to joining a PE firm that offered an undergraduate position.

An army of young guys cold calling? *shivers*

There really is no free lunch...

This was how they explained it in their associate interviews - "We cold call nine to five, and model nights and weekends."

No thanks.

- Capt K

i have an interview with them, is it wishful thinking that they changed their model to less sourcing? *Crosses my finger*

there are a lot of people you can learn from but it is completely 100% sourcing. Cold calling is one way to source deals. going to industry conferences, meeting with placement agents and bankers is another way to go.

I am curious how Summit is able to transform undergrads into successful investment professionals.

i interviewed with them after banking and the sourcing model was not for me and it showed in the interview. one of the guys that interviewed me came straight out of undergrad and had been working there for three years (he was only a year older than i was).

im also curious what the retention/burn out rate is. the guy told me that each individual cold calls 100 companies a month.

i wonder if anyone that ever worked in the sourcing model where they recruit right out of undergrad knows how many people are actually able to excel.

I had an interview, they emailed a few of my friends back saying no, I haven't gotten that email in over a week...or any communication from Summit at all.

talked to somebody who worked at Summit. It is indeed lots of cold-calling. He said he wanted to bang his head on a wall everyday at work lol