General Atlantic considering IPO
https://www.reuters.com/markets/us/general-atlant…
Thoughts on this, and general trend of some PE firms moving towards getting public funding?
Trending Content - Private Equity Forum
Career Resources
Maybe a certain former employee can team up with someone (Elon if you're reading this!) and buy them after they go public to get the last laugh.
Isn't this always a cash out play rather than get access to public funding though? IPOs are close to the only way for the founders to monetize their stake in such a company
They could do a GP stakes deal and monetize that way
Anyone else find this trend a bit short-sighted / selfish of the current founders / shareholders? The private partnership setup is great for future partners, and I’d argue there are a bunch of downsides to being public as an investment firm. At the end of the day, I’d always prefer to work for a privately owned fund vs public.
I get the current partners cash out and can’t blame anyone for doing that, but just seems like a not great trend for the industry
Spot on. Makes it less attractive to partners that come later because you'd always have to share the pie with public shareholders rather than dividing the pie between the partners...
Boomers don't care about future partners, they just want to cash out and fuck future generations
It's especially ironic of all companies that these private equity firms are going public
The whole premise of the industry is that companies can maximize long-term potential privately rather than under the scrutiny of public markets
Careful, GA...Grace Kim with all her wisdom and wealth is gonna short you guys into oblivion. 😂
They should first clear up what they did to Grace Kim, publicly apologize and compensate her. Grace should have interviews with the media to have her story heard.
GA needs to treat their employees fairly. Their IPO is likely not going to perform well because of the way they treated Grace Kim when she was at General Atlantic.
Lol
Whoops I can’t read sarcasm apparently
Grace is that you?
Enough with this loser. So tired of hearing about her.
Are you a partner at GA by chance?
Quis aliquam quaerat laudantium minima dolor ea molestiae. Inventore nisi sed quia qui voluptas totam atque illo. Eum hic reiciendis maxime eum unde. Reprehenderit voluptas occaecati repellendus ea ad recusandae. Rerum adipisci libero praesentium vel quo tempora sapiente autem.
Sed quia doloribus quas aut assumenda necessitatibus repellendus. Ducimus provident inventore dolores fuga nihil omnis eius sit. Fugit facilis dolores autem accusamus quae. Et magnam nesciunt distinctio est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...