How many deal sprints per year as an associate?
How many deal sprints do you typically average per year at the associate level?
I am at a MM growth buyout firm and am on track to do ~4 full sprints this year running all the way through final LOI / IC. It feels like a lot given the intensity with a month or so of 100+ hr weeks. Not sure if this is normal or sustainable pace wise or if I should just recalibrate expectations
Would be helpful to hear what’s typical in terms of sprint volume and duration
Tracks with my limited experience. Went to IC about once a month/three weeks, say across 8-10 deals of which 3 went deep/final stage.
30% of weeks are an angina-inducing >100h weeks
40% steady 60-70h
30% blissful 40-50h - mainly in the summer and in December/January, based in Europe so you may not have that in the US
Don't forget the PortCos too
IC once every 3 weeks is diabolocal.
How fat are the IC decks?
30-40 pages in ppt, tbh feels sweaty but not that much more than peers. I think the painful part is having to do ICs pre NBO, whereas I understand some funds do not require IC approval for NBO bids.
Sounds like at upper end but sort of also depends how many portfolio companies you have and how many add ons etc they do.
Paradise.
We did 2 final ICs (~2-3 month sprint until final negotiations including legal) and 3 interim ICs (~3 weeks sprint this year).
Overall I would say:
20% of weeks with 90-100h (full weekend work)
30% of weeks work 70-90h (long weeks with some weekend work)
30% of week of 60-70h (long week no weekend work)
20% of weeks with 50-60h (finish at 9 pm Thursday, early Friday & no weekend work)
Still feels quite sweaty - what fund size?
Ut culpa et dolorem rerum at quo. Facere ullam dolores omnis consequatur. Et eum molestiae provident minus. Pariatur beatae natus tenetur dolorem aut. Eveniet quis commodi incidunt et. Officiis similique enim sed totam.
Nam autem non eaque expedita. Eos recusandae in quia blanditiis necessitatibus iste culpa. Officia sit aspernatur asperiores molestias. Cumque deserunt quam dolores in sint consectetur. Quam eum et aut est ex iure quaerat.
Eos eveniet soluta magnam iure quia sunt. Eum aperiam architecto dolore est.
In provident et animi sequi ad. Eos blanditiis voluptates veniam necessitatibus velit. Dolorem nam ut totam id odio deserunt autem. Ratione iure sunt praesentium id maxime placeat. Sunt consequuntur odio incidunt porro quidem possimus debitis.
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...