Landscape of Growth Equity in 2020

Monkeys,

With all the recent entrants in the growth equity market (traditional private equity firms moving downstream, Tiger Cub funds extending to tech VC/Growth equity, etc.), I want to better understand the landscape here.

Are traditional VCs with growth equity arms, Sequoia, Andreesen Horowitz, and the like competing with the likes of KKR Growth, TPG Growth, Warburg Pincus, Blackstone Growth Equity, General Atlantic, and similar firms? Or is there a notable difference between PE-style growth equity vs. VC-style growth equity in terms of stage, companies evaluated, and analysis intensity? Second, would you consider these opportunities and skill set / experience gain across these firms relatively the same?

Would welcome any comments regarding these teams at firms or the industry as this forum seems to lack a quality, recent thread on this space.

3 Comments
 

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