For anyone Senior Manager or higher who is looking to become Partner or anyone who is already a Partner, is there any benefit to being at a PE backed firm if you aren't there for the pay out when the firm is acquired? Seems like the only benefit is that payout. You're just giving away a bunch of equity to non-revenue generating owners, correct? Is there something I am missing?

likesmart
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No benefit. You are subsidizing the max payout that was given to the elder partners. Don’t do it

smart

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