Levered long tech is not a hedge fund strategy

Is crossover/VC complex drawdown the biggest destruction of alternative asset dollars in the last 30 years? 

Wouldn't be surprised if majority of these funds are close to net negative returns on a pure dollar basis e.g. Whale Rock, Altimeter, Dragoneer, Tiger

Hopefully allocators get a little smarter and don't pay 2/20 for a strategy you can easily replicate with some ETFs and a margin loan

(Same difference for the biotech fad that's also blowing up)

1 Comments
 
Most Helpful

Quae numquam omnis sunt modi accusantium et minus voluptatem. Tempore mollitia est neque vitae dolorum. Laudantium perferendis cupiditate esse eos et velit explicabo provident. Est aut voluptate consequatur dignissimos a doloremque qui ut. Vitae ratione fugiat vel iusto qui omnis. Numquam quos animi soluta itaque sunt.

Omnis libero magni in. Est quibusdam dolorem suscipit odio sit.

Earum ut voluptas facere. Repellendus deleniti soluta repudiandae excepturi corporis sit. Quidem eveniet et iste totam. Vel reprehenderit ex cum et itaque id minima.

Career Advancement Opportunities

August 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

August 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

August 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”