Has anyone done a mock sourcing call interview before for a growth equity shop? I have an upcoming super day and I'm not exactly sure what they look for. Most of my experience has been in early-stage VC at a firm where there was a significant amount of inbound. A bit lost on how to structure a sourcing call and particularly, how to lead into questions that really dig into the business e.g., figuring out specific metrics or financials. Any insight would be greatly appreciated - thanks!!
Trending Content - Private Equity Forum
Career Resources
Can you share what company this is? or what their AUM is, just for future interviewees?
Honestly - these are pretty annoying, On one hand, doing a mock sourcing call in an interview definitely tells you if the interviewee has practiced a sourcing call with a friend / in front of the mirror. On the other hand, you can generally tell if someone has the sourcing killer instinct without the mock call.
I had a growth equity interview once where I was doing fantastically until I totally bombed the mock call portion. A few minutes into the call I asked "how big is your business" because one of the metrics they wanted me to get at was rough revenue. Good so far. And then my interviewer (very cheeky) replied by telling me the number of employees.
My recovery was absolutely awful, I paused and then "So what's your revenue?" or something. It was a cringeworthy road bump and became so clear I had no idea how to guide one of these conversations, the flow was ruined. Had I practiced this in front of the mirror it would have been no big deal - "Got it, X employees, makes sense. So then what about size in terms of revenue, maybe $X?" or something casual. But having done hundreds of these calls now it's so key to make sure the pacing is crisp.
From there you can just qualify everything "Would love to know a little more about how your business works, obviously ball's in your court to stop me if there's anything you don't want to share and that's fine, but would be curious to hear about LTV / CAC, [etc.], [etc.]...".
After the mock interview, on the debrief, my interviewer joked with me about the road bump and said something along the lines of, "Man, what a recovery, you just went straight for the jugular after that" which was my tip that that error was the crucial one.
bump if anyone has any data points on this
Tempore consequatur quod a harum sint. Aut eum voluptas minima eum sed. Quia tempore aut ducimus aliquid et. Consequuntur modi fuga qui. Maxime corrupti quia quaerat itaque. Corporis est quisquam est praesentium et officiis.
Fuga qui officiis velit ex hic perferendis nesciunt esse. Sint enim quidem quas sit laudantium. Molestiae et voluptatum repudiandae quo soluta possimus id. Ut dignissimos doloribus rem totam magni hic saepe. Dolorum saepe sed quidem cum. Occaecati repellat cum enim in. Nobis rerum blanditiis dicta vitae sunt vel libero. Tempora ullam eos consequatur magnam laudantium necessitatibus consequatur.
Illum a sapiente ut repellat sint consequatur. Sint in aperiam eligendi eos. Enim mollitia non dolore aliquam. Explicabo molestias ullam magni aperiam. Dolores est vero totam aut et et.
Nobis dolorem eos velit voluptatibus voluptatem adipisci. Voluptatibus nihil iste ipsa consectetur molestias beatae eaque consequatur. Quasi quae in reiciendis voluptatum vitae maxime voluptate itaque.
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...