39 Comments
 

Yes. They sais my question in regards to co-investment was inappropriate.

Yes, they said it was inappropriate for me to ask about coinvestment. Isn’t that a question anyone would ask?

 

There is absolutely nothing inappropriate about asking if juniors can con-invest in deals. 

This is very poor form on their part. I am sorry to hear this happened to you. Was this process facilitated by a recruiter? If so, I hope you've given them your full story (although it won't really make a difference).

I suspect they either got cold feet around bringing on another junior so quickly or someone else they preferred suddenly came back into the mix. Either way, very poor form on their part. If it was me, I'd probably keep an eye out for new additions to their team page, etc. just to see if suspicions are correct. Won't make a difference, but something I'd probably do just for some sense of closure. 

 

Yeah man I agree, i feel like it’s a pretty normal thing to ask about, specially considering my current employer allows for profit share in deals. These guys literally re-traded on my offer, after they know I was already planning my move to them.

 

So I’ve emailed them a few times now and no one has responded ro me. I just want a genuine answer because I am angry. Can i get in trouble / would you advise me against calling them? Or at this point I’d assume there’s nothing to lose?

 

If you feel like you connected with one of your interviewers specifically, maybe try to call them? At this point though, there isn't much you can do. I know you're angry (hell it didn't happen to me and I am), but there really isn't anything you can do about it at this point. Best thing you can do is have a stellar career and put yourself in a position to fuck them later on in life. I may or may not have invited a banker into a bake-off fully intending on shitting on him one time. It's a small world, be nice. 

 

You should post the name of the group to put them on blast. That is absolutely psychotic that they would rescind an offer for asking a fair question. F them.

 

I’ll be honest - I went into this post expecting you to have done or said something ridiculous and have been completely oblivious to it. I was wrong. I’ll be honest man, you are getting this a lot in this thread, but this team sucks. Big time. You DID dodge a bullet. This sucks that it happened, BUT, do you want to spend the next 2/3 years working for such an unprofessional group?

Does it suck you lost your PE offer? Yes. Will you get another one? I have full confidence since you just got one at this shop. Head up. It’s a long career man, don’t let a few weeks / months in search of another offer get you down - go crush it

 
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Assholes like them need to be openly torched.  This industry needs someone to start openly calling this kind of shit out.  Name names.  

That is a perfectly acceptable question to ask, not only is it perfectly acceptable but I would expect it to be asked.  If people who want to work with me aren't asking questions like this I would be asking myself if they are just using this position as a short term doormat to a better job.

If you want I will call these assholes and rip them a new one.  Chances are I know people who invest in their shop. By know I mean can influence.

 

Unfortunately I am gainfully employed by a firm that I really enjoy working for and have too much to lose in getting into a pissing match with the recruiter and MM shop. I definitely agree with you though, I have never experienced something so unprofessional and, (albeit this adjective being a bit severe) unscrupulous in all my history of recruiting. I also take my career very seriously and this could have ended up really bad had i accelerated actions with my current firm.

 

On the one hand, it definitely sucks to go through a tough interview process and have your offer ripped away from you. But, like most people said, if they pulled your offer with such a lack of integrity, certainly believe they could have randomly fired you down the road.

It’s obvious your question was not the actual reason the offer was pulled and I am surprised the recruiter did not tell you the reason off the record.

This reminds me of a friend who went through like 15 interviews and a massive case study for a mega fund and was told the offer was imminent. Then a few days later he hears that the team and MD he would be working for had a huge dust up with another MD and quit or was fired. And just like that his 7 figure offer was torched through no fault of his own. Don’t waste any more time trying to obsess over the real reason.

 

The likely scenario was someone else definitively accepted the offer before me, even though they agreed to give me until Monday and knew that I was accepting / figuring out logistics.

 

Clearly they hired someone else they really wanted or were unable to meet hiring needs for you. Either ways not your fault and sounds like they decided to blame you for asking about co-invests (which is might be reaching but IMO is totally not inappropriate by any measure, especially if it's just a question). They are losers and leave them far behind in your thoughts. Bright side is it probably would've been worse if you joined them lol.

 

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