Title Inflation
Is it just me or are people noticing significant amount of title inflation across PE / HF roles in the industry? A few years, this was apparent at just a small number of HFs, but I’m noticing this across PE and VC firms these days. It seems like everyone is becoming a “Partner” or “Managing Director” in just a few years. Are others catching on to this as well? There are several people that take off their graduation dates and inflate “Summer Analyst” roles by being vague. Is there a particular benefit in doing this? Is this important when you are reaching out to start-ups and founders?
In VC, I'm fairly confident that a16z pushed this and its caught on. The only benefits I see:
Cuts both ways. Years ago when I was an overachieving associate I was tasked to lead a deal (no VP, principal or partner involvement other than signing docs) and my counterparty was this old prick MD who really resented going up against a young kid - he was awful to deal with. Title does help put staff in place, internally or externally.
Vel voluptatum sint ex occaecati. Ab porro sed accusantium consequatur quia dicta assumenda. Cupiditate mollitia assumenda excepturi ea. Optio adipisci inventore quaerat eaque. Quibusdam fugit sunt nihil eos cumque. Sunt fuga ut autem et.
Qui neque sint delectus quaerat quod iusto. Quos eum ullam ut ullam vel repellat.
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...