What happens to senior people when deal goes south?

Anon123098's picture
Rank: Baboon | 109

Lets say after a buyout, a company gets distressed. After restructuring, equity holders are basically wiped out. What happens to the senior people who originally sourced the deal? @APAE

Comments (6)

Mar 4, 2018

Hey IsHackenbergBlind, I think you deserve a response...heck, everyone does. We're listening, sorry about the delay ...my best guess at places on WSO that could help:

Who will rescue this thread? @xinfangchua @Jim Kaplan @brandon.s.lawrence

I hope those threads give you a bit more insight.

Mar 4, 2018

Hey IsHackenbergBlind, I think you deserve a response...heck, everyone does. We're listening, sorry about the delay ...my best guess at places on WSO that could help:

If we're lucky, the following users may have something to say: @Field @mbavya @Givemeflow

I hope those threads give you a bit more insight.

Mar 13, 2018

They cannot be blamed entirely, when a deal is pursued is usually because there is consensus among investment committee members so the fault is shared and people are not usually fired for these reasons, unless it happens multiple times.

Mar 18, 2018

You own the upside and the downside. so yes, when things go south, you need to own the outcome which could me lack of a next fundraise

Mar 18, 2018

A guy named Fat Tony in a trench coat takes you out back and kicks the shit out of you.

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Mar 20, 2018
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