Private Equity Explained
How it works, misconceptions and the key players involved
👋🏼 everyone,
When someone says they work in private equity, it's like they're speaking a foreign language. Most people have no idea what they actually do all day, and assume it's just another way of saying "I make a lot of money."
At the same time, private equity often gets a bad rap. I've had many conversations prior to joining a PE-backed company, which I've done twice in my career so far, that have gone along the lines of:
"umm, watch out, they'll work you to the bone"
"They're going to be all over the management team and that (stress) is going to trickle down through the organisation."
"Be prepared for ruthlessness".
With all that said, you might ask, is there anything good about private equity? In short, the answer is most definitely yes.
Today I am going to cover:
A quick explanation of private equity
How do private equity firms raise money for their funds?
📹 explanation
Step-by-step guide on how private equity works
Why private equity should matter to you
🤔 Common misconceptions
Key r…