Don't work at Greenoaks but have a close connection who works there.
IRR at this shop has been top quartile. I believe they have an IRR of ~40%+ since inception (as of 2023). They bought Carvana at an insanely low cost basis (rumor has it around $8). They don't miss, and if they do they make it up with all of their insane wins.
Idk anything about pay, but I wouldn't be shocked at 2mm out of PE. They consistently hire for aptitude, not network. Pure merit based company. If you have an offer here, you'd be crazy to turn it down.
idk if since inception returns are 40%+ marked today. if i remember somewhere in high 20s-30s. they are good don't get me wrong, but did not get the impression people at least on the public side are savants. you could say low sample and outperformance in public markets is really only driven by that punty CVNA call, but they would probably say that's what makes the strategy work.
Greenoaks might pay that much b/c they hire the type of people who would get jobs at places that do have competitive comp - D1/Tiger Global/etc.
The run of the mill dial for $ monkey or the non-GSMS BB TMT analyst who dreams of wants to do growth “because it’s the perfect balance between traditional PE and venture” is not a serious candidate for Greenoaks (or D1 or Tiger).
If you are on WSO, it probably won’t be you (no offense).
This is entirely fake. Compensation is typically $500-750k out of a top PE analyst program. They will not pay >$1M to anyone that young. Sources from multiple people who have worked there as well as multiple people who received offers post MF PE.
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Can someone fucking answer
now i don't want to anymore lol
Do they actually pay 2mm for out of PE?
They pay 2mm to those PE analysts they hire? that's crazy
Can confirm heard from a few sources that top-tier VC/growth equity firms pay a crazy amount (~2mm per year) to ex-PE analysts - make me jealous
Don't work at Greenoaks but have a close connection who works there.
IRR at this shop has been top quartile. I believe they have an IRR of ~40%+ since inception (as of 2023). They bought Carvana at an insanely low cost basis (rumor has it around $8). They don't miss, and if they do they make it up with all of their insane wins.
Idk anything about pay, but I wouldn't be shocked at 2mm out of PE. They consistently hire for aptitude, not network. Pure merit based company. If you have an offer here, you'd be crazy to turn it down.
idk if since inception returns are 40%+ marked today. if i remember somewhere in high 20s-30s. they are good don't get me wrong, but did not get the impression people at least on the public side are savants. you could say low sample and outperformance in public markets is really only driven by that punty CVNA call, but they would probably say that's what makes the strategy work.
Are they primarily privates and more opportunistic on the public side? And the IPs do both?
How you get a job here?
If you have to ask...
Greenoaks might pay that much b/c they hire the type of people who would get jobs at places that do have competitive comp - D1/Tiger Global/etc.
The run of the mill dial for $ monkey or the non-GS MS BB TMT analyst who dreams of wants to do growth “because it’s the perfect balance between traditional PE and venture” is not a serious candidate for Greenoaks (or D1 or Tiger).
If you are on WSO, it probably won’t be you (no offense).
Greenoaks is the best venture firm full stop, friends of mine at megafunds plus HBS/GSB tried and couldn’t get jobs there
This is entirely fake. Compensation is typically $500-750k out of a top PE analyst program. They will not pay >$1M to anyone that young. Sources from multiple people who have worked there as well as multiple people who received offers post MF PE.
Any insights into working there and why those who received offers may not have joined?
It would be helpful to have the context behind the ask... can share more...
Look at the profiles of those who have joined and how many are still there.
What MF do they hire out of? If you are at a tech MF will you get a look?
bump
I wasn’t at a tech MF but in tech PE and got a look
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