Completely Blindsided and Let Go (6 months on the job)
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If you are indeed a Principal then take my words with a grain of salt as I'm just an analyst and you'd be way more experienced in these things. Something similar happened to me recently. Granted differences in seniority etc., my view would be to let it go, it's very easy for the firm to argue you were let go for poor performance, lack of fit or whatever. Lawyering up will cost you quite a bit and results will be uncertain. Is there a severance pay in play? If so, then pursuing some sort of legal action might result in you losing that perhaps so just take it and close that door. All the best.
You are an at will employee. You can be fired for any reason or no reason at all.
What did they tell you on carry?
prepare to be double f*****
Thought my old post got revived lol - take a look & feel free to shoot me a DM. Talking through it with someone who gets it can be huge & I'm happy to pay it forward.
My guess on the lack of info - cultural fit issues (one way maybe, but most likely both ways). At our stage in our career, we are good enough that its typically not competency, so take that with stride.
Also though - take a breather, get some food you love, take a valium maybe, throw on LOTR or something, and chill out for a second.
will need more info to opine. what did they tell you when you first joined? how are the investments? were you lead on any of them and did they go south? is it related to current market conditions? any of your team got let go? surely, they must've said something on the exit interview. any feedback from your boss? feedback from other colleagues?
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For the focus on people and management, a lot of these funds are complete garbage at managing their own people.
Wow the balls on that guy to tell you he’s doing you a favor. What a fuck face
Did they ask you to sign anything? If so, did you sign it?
Ignore title. Best thing you can do is not let it get to your head. Don't analyze it more than you have to. Make peace and move on. Keep your head high. Please listen to this advice. Don't let it get to you. You're a killer and you're on your A game. Keep moving onward and upward.
At your level it's like getting fired as a part of a coaching staff in the nfl or something. No on really cares. Another team will hire you soon (like doc rivers bouncing around nba teams).
Why do people always say at the start of their comment, ignore my title? Why do they purposely use fake titles for a fake username on an anonymous forum?
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