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Source: have a friend that interned there for a summer.

My info is a little stale but I can't imagine that anything has changed. I would be reasonably surprised if the FBI/IRS doesn't come knock down their door. That place is sketchy. Ya, it's got decent deal flow but the turnover is so high and the guy that started it is such a prick/shady. My understanding from the guy that interned there that they routinely lied to investors and screwed over their tenants and that doesn't even take the rumors of rampant insurance fraud.

They also had a number of projects around Austin that were "in development" but that just meant they hung a banner over an old building or an empty construction site. True story, there was an empty building downtown that had one of those banners for 3 years and did literally nothing to the site. Bunch of dudes with small dicks that just want to see their name on something.

The last I heard about them was last summer and the founder was getting sued for like the third or fourth time. I'm sure they'll settle out of court but the dude is a scumbag. There's some other posts on WSO about WCCG if you're interested, pretty sure they're all pretty much the same thing as what I said though.

 

Same few users post the negative stuff about the firm. They definitely have their detractors in Austin - but that's what you get in a D talent market like Austin. Look at what the firm has accumulated across the country - they are obviously doing something right. Oh, and on those "development sites downtown"? Looking pretty damn smart to be sitting on those properties now...

 

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