They're a solid smaller growth equity shop doing B2B software investments. West coast based for the most part, and a newer shop all things considered, but still pretty impressive to raise $1.5B in the time they've been around.
Analysts are tasked with mostly sourcing, know anecdotally through a friend there that its a more venture-esque culture, which tends to be a little more laid back.
As a result of the skill set juniors gain and the relative newness of the shop, exits for those that have left haven't been particularly great. Have seen moves to tech company finance and some other similarly sized or smaller growth shops for good performers. It's a cool space to be in, but if you're not certain about building a career in this space writing smaller check sizes, there are many, many better offers to explore taking.
Personally, I fall into the belief that initial brand name and experience (IB or established PE or large venture if you can get it) matters a lot early on in your career, so I doubt you'd get what you want out of this shop if you ever hope to work at a large shop doing buyouts or so-called "sexier" tech investing. But to each their own, and for what it's worth, the analysts come from solid schools there.
They’re a small-ish growth equity shop. Analyst work is sourcing and deal documents. But you sit on all the calls with founders etc. it is a lot of busy work too. They claim 20% IRR and do some 3X MOIC but in reality they invest in boring B2B businesses which there are thousands of. They provide structured deals which most founders don’t take so it’s basically a lot of sales work. They do well though as they have very little dry powder and they invest a lot in OUS about 40% of their investments are non US.
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bump - seem to be growing fast and has a SA/analyst program
Bump
bump
They're a solid smaller growth equity shop doing B2B software investments. West coast based for the most part, and a newer shop all things considered, but still pretty impressive to raise $1.5B in the time they've been around.
Analysts are tasked with mostly sourcing, know anecdotally through a friend there that its a more venture-esque culture, which tends to be a little more laid back.
As a result of the skill set juniors gain and the relative newness of the shop, exits for those that have left haven't been particularly great. Have seen moves to tech company finance and some other similarly sized or smaller growth shops for good performers. It's a cool space to be in, but if you're not certain about building a career in this space writing smaller check sizes, there are many, many better offers to explore taking.
Personally, I fall into the belief that initial brand name and experience (IB or established PE or large venture if you can get it) matters a lot early on in your career, so I doubt you'd get what you want out of this shop if you ever hope to work at a large shop doing buyouts or so-called "sexier" tech investing. But to each their own, and for what it's worth, the analysts come from solid schools there.
They’re a small-ish growth equity shop. Analyst work is sourcing and deal documents. But you sit on all the calls with founders etc. it is a lot of busy work too. They claim 20% IRR and do some 3X MOIC but in reality they invest in boring B2B businesses which there are thousands of. They provide structured deals which most founders don’t take so it’s basically a lot of sales work. They do well though as they have very little dry powder and they invest a lot in OUS about 40% of their investments are non US.
Unde omnis quo dicta qui hic suscipit. Vitae maxime molestiae molestiae. Ut sapiente dignissimos non eligendi repellat praesentium fugiat. Praesentium et corrupti omnis excepturi et nulla.
Ut ex quisquam voluptate rerum vero. Et et sint molestias voluptate itaque perferendis quam. Esse et voluptatem omnis ipsum. Voluptas commodi rerum ut delectus. Aliquid voluptate omnis minus molestias aliquam eligendi ea odio. Ut dolore illum pariatur adipisci ut eum repellendus.
Eligendi aut omnis odio repudiandae explicabo. Molestiae eos vel a aut assumenda qui dolores asperiores. Doloribus adipisci eum dolorum error.
Exercitationem repellat sit laudantium tempora quis vel illo omnis. Quod dolor aperiam architecto officia pariatur. Ut iure debitis quia quaerat. Perferendis totam voluptatem tempore ratione consequatur voluptatum quod. Aut consequatur ut et animi. Ut reprehenderit aut unde ad fugiat nisi.
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