World Class Capital Group
Got a callback for an interview with these guys. From searching it seems like a relatively young firm that is growing pretty rapidly. Mixed reviews on Glassdoor.
Anybody familiar with the group that can offer any thoughts or insight?
If you have to call yourself World Class, you probably are not World Class.
Source: have a friend that interned there for a summer.
My info is a little stale but I can't imagine that anything has changed. I would be reasonably surprised if the FBI/IRS doesn't come knock down their door. That place is sketchy. Ya, it's got decent deal flow but the turnover is so high and the guy that started it is such a prick/shady. My understanding from the guy that interned there that they routinely lied to investors and screwed over their tenants and that doesn't even take the rumors of rampant insurance fraud.
They also had a number of projects around Austin that were "in development" but that just meant they hung a banner over an old building or an empty construction site. True story, there was an empty building downtown that had one of those banners for 3 years and did literally nothing to the site. Bunch of dudes with small dicks that just want to see their name on something.
The last I heard about them was last summer and the founder was getting sued for like the third or fourth time. I'm sure they'll settle out of court but the dude is a scumbag. There's some other posts on WSO about WCCG if you're interested, pretty sure they're all pretty much the same thing as what I said though.
This. Run away unless you really want to find out how if feels to be deposed.
It's run by the Von Erich's
I see a lot of job postings for this place, makes me wonder what turnover is like.
There was a long, large posting on this before. Check that one out - very valuable information, including one from yours truly.
Nate Paul's sister is one HPOA!!
A lot of former CS guys moved there and are buying B-pieces
^ I heard that. Who's backing this guy? Does he get institutional money ? He's only a little older than me, I'm impressed
Same few users post the negative stuff about the firm. They definitely have their detractors in Austin - but that's what you get in a D talent market like Austin. Look at what the firm has accumulated across the country - they are obviously doing something right. Oh, and on those "development sites downtown"? Looking pretty damn smart to be sitting on those properties now...
Smart if you're banking land for the next cycle... we'll see if they can hang onto them for the next few years. Unhappy investors is never a good sign, especially ones who feel like they've been lied to. Also, Austin is hardly a D talent market, that is just an asinine statement.
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