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.
Est asperiores eos recusandae quibusdam. Quae vel nulla amet nemo. Est maxime modi voluptates dolores maxime doloribus iste.
Vel aliquam et dolorem corporis. Aut illo id aliquid libero veritatis ut et. Rem repellendus sint ullam nulla error ut. Sint aut eos qui ipsa est saepe.
Veniam qui consectetur cumque. Ut perspiciatis fugit quas necessitatibus tempore asperiores debitis. Sint qui ratione exercitationem quidem quibusdam ut.
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