{ "media_type": "text", "post_content": "The PE culture is sick. The 20 something VP was rude to our partner because our team took thanksgiving and the day before off and it was in the engagement letter that we were gonna be off. He kept emphasizing that his team did our job while we were on a break. Dude we are not sick like you and we have lives. I see something about how s**t the PE culture is in every deal we support.\n\nLike these sickos make fun of us for working 80+ hours weeks for them and taking thanksgiving off.", "post_id": "61ab0ff594bbb80038c43c14", "reply_count": 29, "vote_count": 16, "bowl_id": "5b7c3919448e9300186d3deb", "bowl_name": "Private Equity and the Buy Side" }

The PE culture is sick. The 20 something VP was rude to our partner because our team took thanksgiving and the day before off and it was in the engagement letter that we were gonna be off. He kept emphasizing that his team did our job while we were on a break. Dude we are not sick like you and we have lives. I see something about how s**t the PE culture is in every deal we support. Like these sickos make fun of us for working 80+ hours weeks for them and taking thanksgiving off.

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Nope this is the right bowl- you need spread awareness of what you are giving up to gain in terms of prestige, money, and passion.. saves peoples time and educated those who don’t have the connections but may have the dreams

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Agreed. “Prestige”.. wth does that even mean. It is a PRIVILEGE to have adequate working hours and time off.

Wrong bowl to be complaining boss

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Gonna be a tough one to explain to your partner when the client calls another firm for the next deal

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B&C, LEK, A3… I’ve been meaning to get into PE for a while now. All these comments (which I agree with) are making consider staying put in consulting or look to industry or strategic side of PE instead of investment team.

To provide a contrarian view here - I have been one of those twenty somethings and it doesn’t feel great. However it may be driven by - (1) we are under immense pressure often internally and externally to make things go right and some people let this show emotionally. You never know if this guy is under the gun internally and gonna get axed if this doesn’t work out or if the bank has them under some insane timeline, (2) sometimes you gotta crack some heads to get what you want and not be the “nice guy” - this was actually a skill I had to (sadly) learn. You never want to be mean or unfair but you do need to learn to push people, (3) you don’t know what kind of psychos this guy works for - it normalizes certain kinds of behavior. I’ve been yelled at by colleagues and it doesn’t raise an eyebrow. Sounds like this guy handled it terribly and, even if he did, he should have voiced it only to the project leaders not to the whole team.

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I agree and I wasn’t condoning it - just proving some nuance

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Won’t change. Move on.

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Updating my resume.

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Sounds like a mistake on your case team lead and partner. Should have been very clear on timeline (u said it was in engagement letter). If the client still pushed back, from the beginning you weren’t the right team to take on the case.

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Yeah, in that case you guys did nothing wrong. If u guys did work over the holiday would probably have earned you massive kudos, since you didn’t I’m sure they are a little bitter now but it will teach them a lesson and they really shouldn’t be holding it over your heads too much (or at all)

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Was this on the buy side? They themselves have to follow sell side timelines, hard to expect passing on the deal (or bidding blind) if the sell side is increasing the time pressure on an attractive opportunity in a competitive process…

Couple thoughts: First as a general rule don’t expect to find a great deal of wisdom in the form of a tantrum from a “twenty something”. When folks work 80+ hour weeks emotion is bound to enter the fray. Try and keep your head. If your service offering is valuable to them and the twenty something can’t see it, there are likely others who do. Ignore tantrums. Try not to let a twenty something make you emotional.

Also age is irrelevant if the “20 something” is the primary point of contact with the consulting firm on the engagement. Chances are he is as a VP. The senior partner on IC is not going to have a clue (or frankly care) if the consulting team contracted on the engagement is getting worked or not.

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There is more than money in life . We need balance in life .

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