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?
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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.
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
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.
She uses the ✨ and speaks like a typical liberal
not sure why everyone is surprised at her reaction
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.