Inside the Life at a $24 Billion Software PE Fund! (Thoma Bravo)
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- Опубліковано 1 чер 2024
- In this episode, I interview Ashley Wu, who went from being an athlete at Yale University to working at UBS’s TMT Group in New York and in private equity at Thoma Bravo.
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⏱Timestamps⏱
00:00:00 - Introduction
00:01:31 - Overview of background
00:07:39 - Initial interest in finance
00:10:00 - Utilizing resources at Yale for finance and banking
00:11:41 - Tips for networking in finance
00:14:21 - Timing for sending thank-you emails post-interview
00:15:15 - Resources used for securing a position at UBS
00:17:26 - Initial months of working at UBS
00:07:36 - Yale experiences leading to a career in finance
00:14:15 - Qualities of a successful investment banking analyst
00:26:25 - Highlights and challenges of banking
00:35:15 - Choosing to transition into private equity
00:38:45 - Thoma Bravo's company pitch
00:41:27 - Discussion on full buyouts
00:41:41 - Typical debt percentage in deals
00:43:01 - Profitability requirements for investment
00:43:19 - Managing risk in potentially unprofitable investments
00:48:11 - Involvement with portfolio companies
00:48:13 - Operational support from Thoma Bravo
00:50:11 - Changes in management post-acquisition
00:51:57 - Decision-making on management team adjustments
00:53:19 - Perspectives on the necessity of private equity
00:55:49 - Valuable insights gained from working in private equity
01:06:50 - Walking through a PE deal
01:11:10 - Discussing work hours during intensive periods
01:14:10 - Enjoyable aspects and surprises in PE
01:14:18 - Challenges in PE beyond work/life balance
01:18:00 - Deciding to leave PE for further education
01:19:56 - Integrating lessons from Adobe into future roles
01:22:40 - Aspirations for becoming a CXO
01:24:58 - Key lessons from the Wharton experience
01:31:20 - Advice to younger self
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People really do not understand how valuable this podcast is. This is like the most important parts of many cofee chats condensened into a simple and easily digestible format. Big ups to you rareliquid and hope to see more as an aspiring undergrad wanting to enter the consulting and highfinance industry!
it’s what i wish i had when i was recruiting! thx for the kind note
Such a huge difference between how firms hire in the US and in at least some parts of Europe. In (some parts of) Europe, you would never be considered for an IB or PE job if you did not at least have a master's degree preferably within finance or economics or something similar. If you had no idea about accounting or finance, I doubt you would get hired at all.
Keep it up with these fire podcasts! Have been enjoying and learning so much from these!
Really love these. Very in depth in the business. It’s nice that you’re able to go in depth into the interview with the guest and share a side of the industry it’s difficult for us to see.
I loved this talk and hearing her was so refreshing!
Great and informative content, as always! Could you like do such kind of Interviews also with people who have worked in Asset Management firms?
A favorite interview. Was taking frequent notes. She does a great job of using supporting examples that resonate as a fellow associate.
Great interview and great story. You should try to find a connection at Vista to interview to compare contrast. Good luck as CXO!
Excited for this interview. Thank you bro, keep up the great content!
Ashley's journey from sports analytics to finance showcases the value of adaptability and mentorship in career development. Her insights into the private equity world, especially at Tomo Bravo, provide a unique perspective for anyone looking to navigate this competitive field. 🌟
Holy glaze 😂 come on bro
Ben:Nice podcast¡¡¡Thank you¡¡¡See you¡¡
Ben:Nice podcast¡¡¡Thank you guy¡¡See you¡¡
Heading to Berkeley this fall double majoring in economics and political science with a minor in data science, hopefully I can get into consulting or IB post grade 🙏🙏
If all shit hits the fan then law school
Better do a math degree with minor in finance. Friend is making over $2 million a year just 5 years out of college for a quant fund. Granted he also has a MSc financial mathematics. Headed for networth over $20 million before 30
@@davidc4408 don't think Berkeley has a direct finance degree but guessing doubling in data science would help land this role. I'll check it out, second time someone recommended me to do quant fund.
@@davidc4408 yeah just did a quick research of Berkeley alumni that are in the quant sector their majors range from computer science, economics, statistics, and data science.
@@davidc4408 I'll check out quant fund, sounds interesting.
Great content! Can you speak to fellow MBA student that worked at public market hedge fund? Thanks Ben!
The reasons of people saying why they’re going into PE seem a bit disingenuous at times. It’s okay to say that you’re doing it because everyone does it and you like the money/prestige that comes along with it
Hi, I am 13 years old and would like to major in finance, but I am very confused where to start I do have a decent amount of knowledge on investing, so if you have any suggestions that would be very helpful.
You're 13, please chill tf out and grow as a well rounded human being first
So painful to hear the “I hadn’t taken any finance courses but was at Yale so I got an internship”
Bro am the 1st to comment
gratz
Thoma Bravo just acquires companies, moves labour over seas even if it’s worse quality
That's "private equity " in nutshell 😂
Description: plz fix *UBS… thx
lmao thx
drop her Linkedin bro
Nice knowhow
The upspeak... can't listen for more than 1 minute.
Thank God someone said it!! Can’t stand it. It’s so common with women in finance / corporates in general. Makes me want to rip my hair out.
dont work in ib or pe, do something interesting
Yes, we need more people who think like you. Unfortunately, great minds are being lost from engineering and science, to finance (which is net value destructive). Just driven by selfish behavior…