What’s the deal with General Atlantic?
Curious if anyone has insight on them from an experience standpoint (culture, comp, coverage etc.). I see their name all the time in deal news but there seems to be little info on what it’s like to actually work there.
There was recently a scandal at General Atlantic
https://www.efinancialcareers.com/news/2022/07/leaving-private-equity-j…
Some silly woman in her 20s having a mental breakdown isn't a scandal, it's something the people who worked with her probably laugh about over drinks. She was not very well liked as you can probably guess by her public persona. If anything it's good that she left, someone that full of themselves and incapable of respecting the hierarchy has no place in an institutional fund like GA. She was working in public tech growth investing too, so who's to say she would've even been able to perform these last 6 months.
Her stupid outburst has cost her any chance at ever working at a large institutional fund again, and for now she has had to leave finance entirely.
Wow that's quite a personal attack. Usually the truth lies somewhere in the middle
Where is the personal attack? What she did on social media was utterly unhinged and demonstrative of someone either severely lacking in both emotional maturity and self-restraint or someone who is flat out mentally ill - full stop. Neither of those options will be trusted by any institution worth their salt to handle money. The only time you get to be an eccentric personality is if you're a rainmaker whose wins are worth more than you are a pain in the ass. She clearly isn't that, otherwise she would've been getting carry and this whole thing never would have happened. Her actions would get anyone fired, it has nothing to do with her being a woman despite her pathetically transparent sexism claims.
I work with an ex-MF TMT partner who manages money for some very well-known TMT partners from a dozen other top shops, and when I asked him if this whole debacle was making waves he said her chances of working at any of the big name funds is virtually zero. She rubbed a lot of people the wrong way and did the thing you can NEVER do in PE (unless you're a rainmaker, and even then generally never a smart idea to burn bridges) which is bite the hand that feeds you by publicly badmouthing the firm and senior partner(s). The only chance she has of coming back to this industry is by joining a small fund with a low profile that's not managing institutional money and knocking it out of the park, then she might be able make the case she's matured but it could easily take 10+ years before she has the track record required and offended party's memories have faded.
She climbs up on a cross she erected herself, unprompted, nails herself to it, and now wants to play the victim? Forget that, I can't imagine anyone wanting to work with someone with such an undeserved, self-inflated ego.
She had little IQ and even less EQ.
I think people would be a lot more sympathetic to her if it weren't for the fact that she contradicts herself multiple times in that article, which was written quite favorably towards her side.
She claims her technology was powering the fund's investments so she deserves significant carry:
"At the start of this year, she says she developed heart pains and a racing heart beat as it became apparent that the technology markets she specialized in were crashing."
Apparently she put them into Carvana, which is down -97%. Great tech there. In a fair world she should be getting fired for destroying the fund that way, instead of getting paid $600k cash as a pretty junior member of the team.
Carvana... ouch. If that was her recommendation, it would explain a lot. Some people just aren't emotionally stable enough to handle seeing a position collapse like that. Public markets are a cruel mistress.
I love this thread
This
Yall got me geeking, my guy asks for info about GA and gets 15 comments about a girl fired 6 months ago lmaooooooo
She wasn't fired though, seems like she resigned based on previous threads
Okay? Not sure why it would matter anyways
Actually Glassdoor reviews corroborates with part of which she has been saying about the misogynistic culture, so wouldn't completely dismiss her claims there. Had a friend intern there over the summer and she mentioned similar.
Hi Grace!
There's literally just 1 out of 30 reviews saying that.
I spent a few hours this summer going through her LinkedIn and Twitter posts and it was mostly a mixture of antisemitism and pure madness. Seems like an unhinged person. Hope she gets help.
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