What's it like working with us?
I wanna hear about some of the shitty experiences you guys may have had working across from brutal PE clients so that I don't become one.
Inspired by Keyser's memoir
Edited/removed original post for clarity
I wanna hear about some of the shitty experiences you guys may have had working across from brutal PE clients so that I don't become one.
Inspired by Keyser's memoir
Edited/removed original post for clarity
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Career Resources
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I have as much time to read as you have to shitpost on WSO
Well, this thread is going well.
Bumping cause I’m genuinely curious for some IB perspective on whether or not working with a PE group is any better or worse than other forms of advisory.
I’m on the other side of the table from 3 banks at the moment and hope to use any insight from this (dead) thread to prevent us from becoming a nightmare client. I’m not gonna argue with anybody posting positive or negative feedback but may ask questions
If you have to ask, then that's already a problem to begin with....does that answer your question?
I don't see how its a problem to ask folks for their perspective on this. Yeah, there's a bunch of one-off threads like the Apollo shit and Keyser's short story but I was hoping to start a discussion here.
I'm not asking cause I'm clueless, I'm asking for peoples experience. I wanna know if the general consensus is that working with PE as bankers is a shitty experience, and then why, so that I can make sure that my team isn't making those same mistakes.
I want to believe that our specific team is generally good to work with since we make conscious efforts not to jam our bankers and try to help as much as possible on the heavy lifting for materials prep. Obviously mileage may vary and my sample size is nothing compared to the broader experience set of this forum, hence this thread
I mean, I think it's a pretty typical client relationship. PE is paying IB a fee, so PE generally gets to tell the IB what to do and how it's done.
I think the lack of response is due to this being somewhat of a silly question. Just think about it intuitively... if you blow up a weekend on useless zero value add changes, then bankers probably hate you. If you treat the bankers with respect and reasonable timelines, then I think it's all good. When your boss tells you to do something, do you hate him? It depends right?
With the benefit of hindsight I agree that this absolutely comes off as a stupid question. I've framed it wrong. I'm gonna edit the OP
I really just want to hear about the horror stories
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