Please tell me your DD horror stories. I'm working on a 15yo professional services company that still does CASH. BASED. ACCOUNTING.

like
Posting as :
works at
You are currently posting as works at

The Target CFO of a +$500m business who didn’t recognize their own financials the buy side team (us) had grabbed from the VDR and pasted on a slide as part of the management meeting deck. Very awkward moment when they declared that they couldn’t comment since they hadn’t seen the numbers before

funnylikesmart

I love the middle market. Love.

I know of a 100 year old nearly $1bn professional services company that still does cash based accounting….baffling.

like

I got the cold sweats reading that.

Being asked to validate $50M in synergies when we couldn’t even come up with a baseline…

like

International transactions in third world countries. Always a nightmare.

like

Talked to a $60 million in rev business that sold 3 SKUs. We asked for a breakdown of what they sold of each and at what price. They had no idea how much they sold over the course of a year. They tracked everything in excel and it took 2 months to get usable data

like

Related Posts

Hi. I am wondering what salary other psychiatric nurse practitioners are earning. Thank you!

like

Can we resign cts within 6 months after joining?

like

Is appraisal based on pmdp review.i am yet to complete bronze badge and in pmdp it's showing as 0 bronze badge.also the target cpe is 40 while it's showing 13.5 for me..

like

How many dependants/in laws can be covered in PWC medical policy.

My spouse is in the final stages of interviews for a non-ad job in Minneapolis. Obviously I'm on board, and it would mean leaving my full time gig.

Have few connections, I'd love more if possible.

like
like

I have been working as a PreSales SA for 4 years for a tech giant. It has been a while that I feel like I am not growing at my job which is impacting my productivity. How should I address this to reach a conclusion as to what I should do next? Maybe find motivation or look for an exit strategy?

like

I’m looking to hire a headhunter for SCRUM/ PM any and all recommendations are welcome.

likehelpful

Hi all, Anyone out there certified for a associate google cloud engineer certification, may I know the difficulty level and exam point of view setup

Transferring with firm from Melbourne to Chicago and looking for a sublet from 9/18 for 1 month, preferably west loop or river north. 34, F, non smoker.
Also open to any serviced apartment recs!

like

Is it a bad time to start working at Shopify? I currently work at a very healthy company but I have an offer and am considering making the move.

like

What's the salary range in Mindtree for Senior Tech Architect. How much should I expect?

How’s everyone’s turnip prices looking today? Any villages I can visit? 😇

Also, let me know what I should give you in exchange

like

Two bedroom in DC for $3250 a month or less. Think it’s doable and if so where would you suggest looking?

like

Which is the best men’s cologne?

like

Does anyone have experience using Loftey? Starting up the apartment hunt again soon

like

If a person were worried that their fiancee could potentially be with them purely for monetary gain, would it be wrong to test them before the marriage? By test I mean have a third party offer a decent amount of money to break off the wedding?

*I would like to be clear that this is purely a hypothetical question. I'm not in a position where I need, want, or could do this, but I have an unfortunate experience in the past, where an ex significant other was not the person I thought they were*

like

PSA for the day.
We don’t want to be single, yet we look for a lot of excuses to be this way.
Everyone has work. Everyone has life, everyone has their own circumstances. Make time, put the effort. One call doesn’t take 5 min.
One text doesn’t take 1 min.
One “I’ll be busy today so we can talk later” doesn’t take 1 min.
Put in the effort. It’s free.

like

Guys - A seasoned BSA looking for PO / PrM opportunities in asset and wealth management firms. Is anyone willing to refer me to their team or forward me to their acquaintances? Appreciate it.

like

Additional Posts in Private Equity and the Buy Side

Anyone in GE willing to connect for a virtual coffee/beer - or if in Toronto a real beer (I’ll buy) trying to learn how diligence process differs vs A\B\C where I am now.

like

How does investor relations comp scale at a UMM / MF? What is the progression timeline like?

like

Does anyone have any recent compensation surveys? I've seen the LitCap Survey and the Odyssey Search Partners but wanted to see if there were any others available? Trying to find market compensation for AvP and VP roles. Thanks in advance

like

Anyone familiar with total comp for Blackstone Life Sciences or Bain cap life sciences (associate/post-mba level)? And is it more in line with PE (since it’s Bx/ BC) or VC (since life sciences/what i would imagine early stage companies)?

like

Should be feel bad about possibly leaving my company? I’m about 2 years through a 3 year analyst contract and I’ve been interviewing at a different firm.

I like my current company and the people a lot, but the location isn’t ideal for me and comp is significantly below market. The guilt caused by the thought of leaving is killing me.

Any thoughts/recommendations?

like

Has anyone here gone through corporate development recruiting? If so, would you be able to share interview case prep materials?

like

I received an offer to join a MM growth equity fund as an Associate. What are some important things to consider about the fund (eg associate experience, etc) before joining? What about the offer (eg comp, etc)

like

What do associates at VC firms make?? In Toronto… I’ve got 4 years of exp at MBB consulting & currently a product manager at a startup

like

Anyone here work for Advent? Would love to learn about the dynamics of the deal team

like

Beginning the PE recruiting process. Any tips on what to look for in a firm? Boston based if that helps! Hoping for a small to medium shop that has relatively better WLB than the big shops (I know pay is the trade off). Thanks I’m advance!

likesmart

Non MBB, finishing fin/acct MBA and looking to pivot into banking/pe. 10 yrs sales prior in unrelated field. 20 yrs military. MBA is non target school since military/state funded programs are free.

Any advice on where to start looking that is realistic? I'm not willing to hump 80 hours next to a 22 yr old undergrad for the same pay, but also 100% understand I'm taking a huge side step in this hopeful transition

like

Hey all, I'm at a Utah LMM/Growth Equity shop, we are looking for an Associate for a 2022 start date. Consulting or Ibanking background preferred and would love to talk to minority or women candidates

like

Honest thoughts on best qualifications to go after to break into PE from consulting - should I go after ACA/CFA/CAIA? I feel I’ve only got the patience to do one of these 😂

like

Do you need a top mba to work in ops? Considering staying, mbb, investment and ops and trying to weigh my options

like

Do most pe firms require an MBA to move past the associate role? Been reading conflicting views online.

Any insight would be great.

like

Hey everyone. 1 YOE here and looking to lateral. This will be the first time I apply as a professional as opposed to a student. I have CDD exposure but would appreciate some help putting that in my resume. Would anyone be willing to share some of the bullets they used to describe their CDD work?

like

How meaningful are CPEA and SPEA certifications in the world PE consulting?

How much importance is placed on the model in the overall investment process?

like

Deal execution analyst at mega fund —> MBA —> investment professional at MM PE?

Is this a logical progression?^^^

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal