I’m working for my third PE portco right now. The game is to grow top line,

Jun 13, 2022
12:46:21pm

WDaddy Intervention Needed

Reduce cogs, push out terms on A/P, reduce terms on A/R, and cut overhead. Nobody is safe and cuts will be made. Just hope you’re not one of them.

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WDaddy

Previous username: WeddlesDaddy
Bio page: WDaddy
Joined: Jan 10, 2007
Last login: May 5, 2024
Total posts: 66,552 (24,787 FO)

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Messages

Author

Time

My company is entering into a JV with a Private Equity partner. Today we got

BoiseBlue

6/13/22 12:38pm

It's your golden parachute!

ebv

6/13/22 12:39pm

If you find out your company is doing layoffs...

CougarTwins

6/13/22 12:42pm

Sounds like my buddy.

HiLife

6/13/22 1:21pm

I had one of those once. 12 months severance plus bonus and bonus again for the

Nat Gas Man

6/13/22 12:43pm

Well, if it gives your mind any consolation as to how you're wired, the downside scenarios usually are more likely than

CLCougar

6/13/22 12:44pm

I’m working for my third PE portco right now. The game is to grow top line,

WDaddy

6/13/22 12:46pm

Fortunately (or unfortunately for lazy me), the "management company"

BoiseBlue

6/13/22 12:53pm

It is sad that everyone knows this is the game, but still create valuations that

IUCougar

6/13/22 2:03pm

Welcome the the club! 😂

whoneedscorners?

6/13/22 12:49pm

RE: Welcome the the club! 😂

Mikey

6/13/22 12:55pm

RE: My company is entering into a JV with a Private Equity partner. Today we got

greatbam

6/13/22 1:02pm

Lol I worked for a company that gave us stock options. The people that had been

BYU Grounds

6/13/22 1:31pm

Similarly, I had a lot of options; they tried to go public but the projected

ptcougr

6/13/22 2:48pm

I got PWC to fire me right before I went to work at Oracle. I started making

hitechcpa

6/13/22 6:02pm

Thank you. See people? THIS is the kind of useful suggestion I was hoping for.

BoiseBlue

6/13/22 6:09pm

Part of RIF wave. Accepted an offer while on paid leave. Thanks for the $$$.

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