"Undisclosed" Deal terms piss me the f*ck off

sell-syde's picture
Rank: Orangutan | 356

It pisses me off when banks tout their deal announcements on LinkedIn or over email and they never announce the fucking deal amount!

Like how am I going to gauge the deal size, flow, and potential bonus pool on "undisclosed" which is total BS. So what that Greylock partners lead a $75m acquisition of the company we just sold.....is it really that big a deal that this is announced?

I feel this hurts people recruiting for banks when they have multiple offers when we try and gauge deal sizes and try and extrapolate bonus pools (I mean that's why we're here right)

idk, am I crazy?

Comments (10)

Apr 17, 2019

You sweet summer child. It's the client who gets to decide that.

Apr 17, 2019

t the end of the day, is that information really that valuable for competitors though?

Apr 17, 2019

Wtf is greylock partners?

You're right, I don't give a shit and couldn't care less.

Apr 17, 2019

Can't tell if you're serious or not but..... have you heard of Reid Hoffman? Or AirBnB, DOMO, Discord, Dropbox, Instagram or workday? All previous / portfolio companies of greylock.

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Apr 18, 2019
sell-syde:

Can't tell if you're serious or not but..... have you heard of Reid Hoffman? Or AirBnB, DOMO, Discord, Dropbox, Instagram or workday? All previous / portfolio companies of greylock.

Have literally never heard of anyone refer to a VC investment as a portco.

Don't work in tech, but under your definition there's like 8 VC funds that can claim Dropbox as a portco.

Point being, nobody else complains about estimating compensation via bonus pool like this.

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Apr 18, 2019

if not a "portco" what would you even call them? by definition they are literally part of that firm's investment portfolio..

it's like saying a public markets fund can't lay claim to having a stock in their portfolio "because literally every other firm/person invested in them can lay claim to that"... no shit?

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Apr 18, 2019

When you make IB money it's just pixels on a screen. Just go work for a BB and make sure everyone knows that you work for a BB.

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Apr 18, 2019
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