Free stuff from portfolio companies?
One of my VPs needed to fix something in his house and emailed the management team of one of our portfolio companies (niche manufacturing/HVAC-related) asking if he could get a deal on a replacement part. I thought he was half kidding/half sincere, but they actually mailed him the component he needed for free. This got me thinking - what are some other examples of people getting free products and services from their portfolio companies? Are the Silver Lake offices outfitted with Dell computers? Is everyone at Cortec walking around with Yeti mugs? Obviously a lot of sponsor-backed businesses are serving commercial needs (so not really applicable to gifts), and most of the time it wouldn't be appropriate to just ask for free shit (and most senior PE guys and gals don't need a discount anyways), but would be interested to hear any fun or interesting stories.
Candy and shit that hasn’t been released that portcos are testing sometimes if they’re more specialty brands. Random shit but I actually didn’t get to be In office long cuz RONAAAA
MidOcean's office is stacked with random food
Does everyone at Permira has access to all of Cambrex's opiates and amphetamines?
no, but there are a ton of PopCorners
For some reason I always invest in brands whose product I have 0 use for.
Old office had car batteries
A friend works in growth equity in CA, and they’ve pursued some cannabis investments. Apparently the targets will send samples to the office, so they have a fridge stocked with (hopefully clearly marked) edibles that people can take home and try
Ha - this is the answer I was looking for. That's awesome
We invest in physician practices, and I’ve gone to our portcos for free second opinions. It’s not sexy, but definitely practical
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