Has anyone done the LBO test at Berkshire Partners? Coming from consulting background and have heard that LBO is a possibility - wondering if it’s a paper LBO or more significant.

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Very complex model with 300 lines - will have you layer in two debt traunches, one with a PIK component, as well as a working revolver. 90 minutes to finish

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1. b1 is trolling
2. That’s actually not that difficult for even a consultant to pickup. 3-4 weekends is all you need. b1 just put big words to scare you as a joke

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Seems wrong for Berkshire…they advertise that they do at most a paper LBO at least for on cycle

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Maybe it’s changed since I interviewed a few years ago, but back then it was just a paper LBO - probably 12 line items total

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