General Atlantic controversy?

There was a post on this forum (that was later removed or censored) about General Atlantic and a dispute with a former employee. 

Does anyone have background on this?

Comments (56)

  • Associate 2 in PE - LBOs
Jun 23, 2022 - 2:01pm

Why would this be censored? Is it because the other post linked the actual post? Interested to hear what happened or if the person just got hacked. 

Jun 23, 2022 - 2:21pm
streetghost, what's your opinion? Comment below:

Can't find anything about it

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Most Helpful
  • Associate 3 in IB-M&A
Jun 23, 2022 - 2:50pm

All names removed, I have no connection to the situation, this is just public on LinkedIn... this girl sounds completely insane tbh. She's a fairly recent grad and says she has more experience than the CEO? Seems like a complete mental break to be honest. 

Sent to XX and XX on 5/24/22

Thank you. I believe General Atlantic has discriminated against me by not compensating me properly for my work experience and contribution. I believe I have been discriminated against based on my age, gender, and ethnicity. I have voluntarily resigned from GA because I have the personal belief that the firm has been reckless and irresponsible with its public market holdings / investments. GA has grown its public markets exposure, and I would highly recommend hiring a trader ASAP and not letting MDs with 0 high growth public markets investing experience invest LP capital into the public markets. XX is great, but his background is in leveraged finance (not equity capital markets). Aside from XX, I believe I have the most high growth public markets investing experience at General Atlantic (as XX was transferred out of North Atlantic earlier this year and XX, XX, and I are founding members of North Atlantic). I was never given the opportunity to talk about public names at core IC despite my real work experience. I believe I have more high growth public markets investing experience than XX and XX despite them leading our General Atlantic and North Atlantic Investment Committees. I had a different point of view on how to invest in public markets compared to the one XX had (as is documented in emails regarding GA's public position in Opendoor). I asked XX and XX if I could receive carry and co-invest (MDs and XX who had no public investing experience were able to participate). I was never given the opportunity to earn an equitable share of my contributions in North Atlantic and I did not think GA would be able to raise the flagship public fund as-promised to me. I was told I would be able to be a public markets investor for General Atlantic, but I have never been able to be a publics market investor outside of the North Atlantic fund (which is essentially the personal money of MDs + XX). Other men have been given the opportunity to present to the GA Investment Committee despite having no actual public markets investing experience. I believe that is discrimination and I have no intention of doing a call with anyone at GA. Please email me only. I am still traumatized by the fact that XX called my mother at 7pm on a Saturday (after I already resigned) due to text messages I was sending XX on his personal phone number (because we have a relationship outside of work - he has personally met my mother). I went to the emergency room on Sunday to control the anxiety XX and XX have been giving me over the last week. Please do not endanger my health my[sic] offering more phone calls.

Jun 23, 2022 - 2:24pm
m_1, what's your opinion? Comment below:

The guys talking about "free speech" in here can cough up for a WSO legal fund or something if they care that much. Not worth liability/headache/legal fees for admin to deal with threats from a massive firm. When I ran an online forum, I definitely was not willing to shell out $20,000+ out of pocket for FreE SpeECh for my userbase that paid $0 lol

Jun 23, 2022 - 3:55pm
PrivateTechquity 🚀GME🚀, what's your opinion? Comment below:

This might be a stupid question, but does Section 230 not apply to forums like WSO or what you were running? I would argue that they're social media just as much as Facebook or Twitter are, there's plenty of anonymous accounts across both of those as well. Seems absurd that someone operating a forum should be held legally responsible for something that's posted unless it's something extreme like direct incitements to violence or graphic content involving minors. Regarding this type of post in particular which its gossip about something that did actually happen (not some crazy conspiracy theory), I thought a forum could just chuckle and tell someone to pound rocks. 

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Jun 23, 2022 - 3:57pm
m_1, what's your opinion? Comment below:
PrivateTechquity 🚀GME🚀

This might be a stupid question, but does Section 230 not apply to forums like WSO or what you were running? I would argue that they're social media just as much as Facebook or Twitter are, there's plenty of anonymous accounts across both of those as well. Seems absurd that someone operating a forum should be held legally responsible for something that's posted unless it's something extreme like direct incitements to violence or graphic content involving minors. Regarding this type of post in particular which its gossip about something that did actually happen (not some crazy conspiracy theory), I thought a forum could just chuckle and tell someone to pound rocks. 

Doesn't matter. You still have to pay for a lawyer to say all of that in court lol

Jun 23, 2022 - 3:10pm
kuf135, what's your opinion? Comment below:

I (unfortunately) saw the post and some of her stuff on LinkedIn. This looks like a textbook manic depressive episode and really unfortunate it happened in a public forum. I really hope she gets the help she needs. For those commenting how she made it through two years banking and years at an investment firm, it's possible she came off her medication, or something in her life triggered the episode, or something else happened...

Same thing happened with a semi-famous podcaster last year and he was uploading crazy stuff on his podcast channel, basically dismantling the business he'd grinded to build over the years...  

  • Analyst 1 in IB - Cov
Jun 23, 2022 - 3:40pm

I believe her hashtag believesurvivors hastagebelievewomenansgirlsinpe

  • Associate 1 in PE - Growth
Jun 23, 2022 - 3:44pm

Anyone from GA here has any color? I hope she gets the help she needs but also wondering about the claims of slave driving culture / overlooking minorities at GA, which is not all that new in finance. 

  • Analyst 1 in IB - Cov
Jun 23, 2022 - 4:22pm

Anyone from GA here has any color? I hope she gets the help she needs but also wondering about the claims of slave driving culture / overlooking minorities at GA, which is not all that new in finance. 

Agree maybe but extreme of a reaction but who knows GA could very well have that sort of culture. What's their leadership like? Any history of this? People at GA should really think about how they can look inward truth is always in the middle maybe closer to one direction but never 100%

  • Analyst 3+ in IB - Cov
Jun 24, 2022 - 3:20am

I know a few people well who work at GA (minority and women) and have never heard them complain about work like that. Frankly, I hear culture is pretty good except for during COVID when it was bad everywhere.

Jun 23, 2022 - 3:59pm
monkey_brah, what's your opinion? Comment below:

After seeing a few of these on social media (crazy), and with people I care about, I agree it is a specific mental health episode.  The writing has tell-tale signs.

It's crazy to see it play out in terms of PE terms (carry, investment committee, etc) instead of ranting about flat earth, global conspiracies, etc.

In a perfect world, it would be great if she could recover with no stigma once treated.  Unfortunately, that's not the reality of the situation.  We should work to change that.

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  • Analyst 1 in IB - Cov
Jun 23, 2022 - 4:23pm
monkey_brah

After seeing a few of these on social media (crazy), and with people I care about, I agree it is a specific mental health episode.  The writing has tell-tale signs.

It's crazy to see it play out in terms of PE terms (carry, investment committee, etc) instead of ranting about flat earth, global conspiracies, etc.

In a perfect world, it would be great if she could recover with no stigma once treated.  Unfortunately, that's not the reality of the situation.  We should work to change that.

Found the GA employee 

Jun 23, 2022 - 8:10pm
monkey_brah, what's your opinion? Comment below:

Yeah, the LinkedIn rants are actually far crazier than the main message posted above

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Jun 23, 2022 - 8:10pm
Hugh Myron, what's your opinion? Comment below:

Agreed.  This is incredibly sad and, once she has her mental health issues treated and is back to "normal" (for lack of a better descriptor), I'd hope she's able to continue her investing career, assuming she even wants to.  Really unfortunate how public this is and the tendency for people to be judged in perpetuity by their worst moments. 

Always prioritize your health, monkeys, both physical and mental. 

  • Principal in PE - LBOs
Jun 24, 2022 - 3:20am
Hugh Myron

Agreed.  This is incredibly sad and, once she has her mental health issues treated and is back to "normal" (for lack of a better descriptor), I'd hope she's able to continue her investing career, assuming she even wants to.  Really unfortunate how public this is and the tendency for people to be judged in perpetuity by their worst moments. 

Always prioritize your health, monkeys, both physical and mental. 

No chance. She'll never work within a nautical mile of institutional money management again. Even the craziest Machiavellian HF managers who think her fuck off gun slinging is admirably ballsy wouldn't go near her with a 10 foot pole.

Even if she had the talent (doubt it), no one will give her money to manage if she tried launching something of her own.

People want safe hands, predictability, and professionalism first.  She's a lose canon and completely off her rocker.

She's basically Kanye West without anything to actually show for herself… so basically just a blubbering moron you'll run into in Union Square talking about aliens fermenting cheese inside their shoe laces.

Jun 23, 2022 - 4:42pm
capex fairy, what's your opinion? Comment below:

Yikes - I thought I was going to go in and judge the hell out of her but this is just sad. Clearly some sort of mental health issue. Especially hurts to see another Korean in finance/PE nosedive their career like that.

Hope she finds the help she needs. 

Also her group head actually came off as quite reasonable and a great guy to work with in those texts, even offering to help transition her to a role she would be more excited for. Seems like exactly the kind of mentor you'd want to work for. 

  • Analyst 1 in IB-M&A
Jun 24, 2022 - 12:23am

This exactly. I actually thought for Anton or anyone to even reply in a calm manner to her was pretty impressive and yeah I mean they even gave her mom a call which honestly to me shows they might also be realizing this isn't her normal self uk - they could have just lawyered up and shut the door completely but didn't do that. Hope she gets well soon.

  • Prospect in PE - Growth
Jun 23, 2022 - 4:59pm

damn thats really sad. as someone who struggled with their mental health in the past, this definitely seems like a psychiatric episode. The worst part is that when she comes down from this shes going to realize what shes done. Is there any way she could ever get an investing role again after this? Hopefully people will be understanding. Just really sucks to see. 

  • Associate 2 in PE - LBOs
Jun 23, 2022 - 9:15pm

Holy crap she called out the literal top dogs at GA. Her career is 1000% done. This is so sad, I really hope her family or a friend steps in.

  • Associate 2 in PE - LBOs
Jun 24, 2022 - 3:20am

Oh I doubt he cares, I just think it looks so glaringly horrible that no one would ever want to take a risk on someone like this ever again. Not these days. Love that show.

  • Works at Goldman Sachs
Jun 23, 2022 - 11:31pm

Terrible look for GA. Wonder what goes on there for people to react this way, clear overreaction notwithstanding   

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  • Associate 2 in PE - LBOs
Jun 24, 2022 - 1:53am

Have friends who work there and the North Atlantic division does seem to be a shitshow, but only inasmuch as it's not doing well, vs what her posts on Linkedin would imply. Hope she's able to get some help and is able to recover if she wants to go back into finance - have heard she was smart and was a really hard worker before this all happened

  • Associate 1 in IB - Cov
Jun 24, 2022 - 3:20am

Man this reminds me of when I was graduating college and I was in a totally shit place after struggling with recruiting. Made a public LinkedIn post where I called out my dad for raping me and even tagged him in it. Wrote deranged letters to the CEOs and CHROs of every investment bank and consulting firm I could to find a job. I was lucky I was young and a nobody when I did it and I deleted the public post after only an hour. This industry is rough I really hope she bounces back strong here. 

Funniest
Jun 24, 2022 - 3:20am
Patrick Basedman, what's your opinion? Comment below:

She uses the ✨ and speaks like a typical liberal

not sure why everyone is surprised at her reaction

  • Analyst 2 in IB - Gen
Jun 24, 2022 - 3:20am

I understand feeling sympathy for this person that might be experiencing a mental health issue and hoping they get the care / treatment they need, but honestly surprised by the number of people on here that don't think or are hoping her career won't be derailed? I'm sorry but if I was an employer or even a regular employee I would never want to work with this person no matter how smart or talented of an investor she is. The specific accusations she's levied ('rape', 'slavedriving', 'SEC / FBI should look into this', 'discrimination'), the public posting of these matters in violation of company social media policies, tagging media outlets, posting screenshots of texts between coworkers regarding the portfolio, disclosing positions, etc. all are total absolute dealbreakers in this industry, and in literally any industry. You would probably get banned from working at Burger King if you were any employee doing this stuff let alone highly competitive positions in finance where there are thousands of qualified candidates waiting to take your spot. Her career as she knows it is over, and honestly that might be a good thing if the stress from her job was what caused all this.     

  • Prospect in PE - Other
Jun 24, 2022 - 3:20am

I'm a former GA employee, don't know this girl personally and hope she's okay. I don't know what triggered her episodes specifically but I can honestly say there were very real governance issues at GA. I felt absolutely suffocated and continually gaslighted by our md and left, but the culprit in question is still quite alive and well at GA. If this kind of stuff had happened in a bank environment, the md in question would no doubt have been asked to leave already. I am not personally familiar with the people that this girl attacked in her posts so cannot comment on the veracity of those accusations, but the reality is governance issues absolutely exist in smaller firms where the hr have no tangible curtailing power over mds.

  • Principal in PE - LBOs
Jun 24, 2022 - 3:20am

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  • Prospect in PE - Other
Jun 24, 2022 - 3:20am

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