can I get this "4 months’ pay upon sale" thing in writing?

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May 9, 2024
11:00:06am

Avery All-American

can I get this "4 months’ pay upon sale" thing in writing?

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Avery

Bio page: Avery
Joined: Aug 26, 2009
Last login: Jun 2, 2024
Total posts: 20,408 (1,288 FO)

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Messages

Author

Time

Curious people’s thoughts on working for a private-equity-owned company.

cougfanblue Truly Addicted User

May 9, 10:54am

Absent more information, hard to say, but it has great potential for you.

Archaea

May 9, 10:57am

What questions should I ask in the interview process?

cougfanblue

May 9, 10:58am

can I get this "4 months’ pay upon sale" thing in writing?

Avery

May 9, 11:00am

How is it earned, when does it vest, what are the immediate tax implications

Archaea

May 9, 11:01am

As long as you know that PE would kill their own mothers to make more money...

justAnotherCoug

May 9, 11:00am

But if you're making them money, they will try hard to keep you.

May 9, 11:03am

Risk reward. It's a slightly more risky position, with slightly higher rewards

Cougarclaw

May 9, 11:00am

Depends on how big the fund it, how large this new company is, where

memento

May 9, 11:00am

Good pay, highly likely work-life imbalance. If you're ok with that, go for it.

NOCAL_YFAN

May 9, 11:01am

I moved from working for IHC to a PE backed healthcare startup

BoiseBlue

May 9, 11:02am

I've done PE and public. For most roles it is just another owner. But if you are in a decision making role...

Tokolosh

May 9, 11:06am

These are valid points. Pay attention to these.

Archaea

May 9, 11:09am

I work in PE. Can be amazing depending on the fund and the role.

4thand19

May 9, 11:11am

I've never heard a good thing about working for PE in my field

WorfoSAUR

May 9, 11:26am

If you’re not getting the initial buyout (with real money.. not fake equity

cougfanz

May 9, 11:33am

Clarify. Company owned by PE, or a PE Company. Sounds like the former.

Acorn

May 9, 11:35am

Owned by a PE company.

cougfanblue

May 9, 11:51am

I hate private equity companies (mostly)

homegrown

May 9, 11:47am

4 months pay upon sale seems cheap. Should be 1 yr+ at a minimum.

bad84cougar

May 9, 1:55pm

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