Been able to raise money mainly because of their family office backing. Very fratty culture, trying to “diversify” their team. Extreme sharp elbows and toxic culture has fueled large turnover. I think of them as HIG Growth fund. The unattractive step sister of a larger fund where all the left overs go to. Wouldn’t work there.
Is this sagemount the tech fund or the consumer fund? Have heard iffy things about both but I think performance of the tech fund has been solid at least.
In my mind, cover a bit of a tweener segment of tech investing -- assets that aren't as sexy as ones Silversmith, etc. will chase, but are a shade better than something a Marlin would do. Very valuation sensitive, but more willing to compromise on things like business model (e.g. will do tech-enabled services)
They have been expanding strategies to cover different segments of the market with Basecamp, etc. Haven't heard great things about the new entities
Office is 100% bullpen (no offices)
The founder Gene has a large (and polarizing) personality with outsized influence over the firm -- feels a bit more like "his" show than a group of equals. Not a totally uncommon dynamic for younger firms, but I'd pay attention to how you feel about him in particular when evaluating the firm
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Hey Intern in IB - Gen, the following topics might be helpful:
More suggestions...
I hope those threads give you a bit more insight.
bump
any info?
Been able to raise money mainly because of their family office backing. Very fratty culture, trying to “diversify” their team. Extreme sharp elbows and toxic culture has fueled large turnover. I think of them as HIG Growth fund. The unattractive step sister of a larger fund where all the left overs go to. Wouldn’t work there.
Is this sagemount the tech fund or the consumer fund? Have heard iffy things about both but I think performance of the tech fund has been solid at least.
The last thread on them had some pretty positive sentiments. Has something changed in the past year or so?
BUMP - wondering about culture here as well
Do they have any summer analyst positions?
Bump
https://nypost.com/2026/04/30/business/bombshell-jpmorgan-sex-harassmen…
Any insight into the Principal hiring process? Heard spot might be opening up.
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Ad aliquid mollitia reiciendis unde cumque. Repudiandae qui omnis in corporis deserunt omnis placeat.
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