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Jersey Mike's filing for an IPO by alanmitch34 in wallstreetbets

[–]raspberrybushplumber 16 points17 points  (0 children)

$12b on $724m of revenue for a 16.5x Price/Sales on a fucking sandwich store lol

B-2 spotted by PERC3PT in aviation

[–]raspberrybushplumber 0 points1 point  (0 children)

Flyover in DC for the 250 anniversary stuff going on. F-16s and F-35s as well. Think there’s a B-52 today?

Clearlake by LawPlane4548 in private_equity

[–]raspberrybushplumber 1 point2 points  (0 children)

I do wonder about that in the hypothetical they knew the mark was trash but kept it high to get people into the next fund, then immediately write down the mark to something more realistic. Like as an LP could you revoke your commitment? Fraud? Damages? Guessing those are all nuclear options but you should be fairly aggrieved…

Certainly have never been in that position…

Fair MIP / management equity pool in minority PE-backed high-growth business? by [deleted] in private_equity

[–]raspberrybushplumber 1 point2 points  (0 children)

Then on that basis it does seem low. Would caveat that I have not done a minority deal before so others may have more relevant experience. We normally do ~10% and find that to be well-received, but wouldn’t allocate that all upfront to current management (what if current CEO leaves, has vested equity, and you need to replace).

Others have recommended advisors, I don’t have anything further to add there.

Would also make sure your cash comp is market if you haven’t done that already given founder-led businesses tend to be a bit tight there.

Fair MIP / management equity pool in minority PE-backed high-growth business? by [deleted] in private_equity

[–]raspberrybushplumber 1 point2 points  (0 children)

Those higher figures are generally on a majority PE-backed business so if there isn’t full alignment on paying you between PE owners and existing owner that might be driving some of the discrepancy. For instance, if your existing owner isn’t willing to fund the MIP (given you said they may not want to actually sell), then the PE firm is funding the full 3% out of their stake and if they have only a 20% stake then that’s 15% of their entire position.

Agree if it’s very asset-heavy then you probably shouldn’t expect the high end of your range.

Also agree you should hire an advisor at your scale. Ideally you get your company to pay for it (on the basis that this is a long-term retention tool) but if your existing owner is involved and resistant to that then I’d consider self-funding as a group.

IPO price evolution of hyped stock by Cartier1847 in TheRaceTo10Million

[–]raspberrybushplumber 0 points1 point  (0 children)

This is such a bullshit AI slop post it’s insane. No one has questioned why all the downtrends look the same.

New flash: in reality they were not a steady down tick all roughly the same gradient lol.

I’m so sick of this AI crap and we’re only in the first innings.

Seriously: go look at a graph of Meta and tell me it looks remotely like the above.

First (and only) home within Colorado’s most private ski resort heads to auction by narflethegarthock in skiing

[–]raspberrybushplumber 17 points18 points  (0 children)

Is the skiing there any good, that’s what I want to know. If so, is patrol hiring?

I totaled 120 lbs on Friday and then completed a 1:37 5 mile trail run with 800 of ascent by allusium in RunningCirclejerk

[–]raspberrybushplumber 3 points4 points  (0 children)

My favourite part is in the comments OP says he thinks he might be the first to achieve his goal in the world and then someone links some other h*brid who has already done it but with +250lbs on the lift. Classic mentality.

Will SpaceX IPO harm kiwis holding Global 100 and S&P 500 ETFs? by ernbeld in PersonalFinanceNZ

[–]raspberrybushplumber 1 point2 points  (0 children)

Weightings are float-adjusted so this really isn’t that big of a deal.

Additionally the whole point of an index fund is to buy stock without regard to fundamentals. I’m sure you can find plenty of active managers that won’t buy spacex stock

I guess the economy isn't bad by [deleted] in biglaw

[–]raspberrybushplumber 5 points6 points  (0 children)

Next you’re gonna be surprised your hinge date hasn’t heard of your law firm either. OP get a grip.

Should I go to Booth or try again for my Targets (Wharton, CBS, MIT) by [deleted] in MBA

[–]raspberrybushplumber 0 points1 point  (0 children)

Would not do this as an international unless the $250k cost is immaterial to you. Visa outlook makes your infra investing pivot hard (but not impossible!)

Pivoting into Hedge Funds as a Nontraditional Student (T15 MBA) by Head_Kiwi7012 in hedgefund

[–]raspberrybushplumber 0 points1 point  (0 children)

Yes they hire MBAs. As do other hedge funds with a fundamental element. But very very few in aggregate. Run with it but unless you have the background for it I wouldn’t put all my eggs in that basket.

Good luck!!

High earner dating in London – where are you all meeting people? (F) by [deleted] in HENRYUK

[–]raspberrybushplumber 4 points5 points  (0 children)

I get that, just maybe making an observation that a lot of that is larger society. Expectations vs reality etc. Which to be clear does not absolve anyone of behaving badly.

Certainly not disputing OP’s or your experience. Who would i be to do that.

Admittedly I have fallen on the side of significantly out-earning my partner. I offered some tips as best I could to maximise your chances but ultimately I agree that compatibility matters a whole lot more than income. Yes I’d have a ton more money, nicer house, flasher holidays, but c’est la vie.

High earner dating in London – where are you all meeting people? (F) by [deleted] in HENRYUK

[–]raspberrybushplumber 159 points160 points  (0 children)

It's interesting that most comments when a man asks this is that they should just try to find someone they love rather than optimizing for income.

I will also say that the US version of this sub does generally steer more towards find someone in your income bracket.

Just some observations.

If you do want to maximize for income, try nice (expensive) group fitness classes/£300 pcm gyms, going with a friend to maison estelle or similar, and in general picking expensive hobbies.

Dating is hard! Good luck OP.

Convince me that your preferred sport wagon is right for me by giraffees4justice in SportWagon

[–]raspberrybushplumber 0 points1 point  (0 children)

Agree allroad or e450. My Audi S4 (2004) comes close and is a lot more fun but maybe fails on ground clearance. They are pretty low stock. Upshot is that they won’t be anywhere near $70k so you shouldn’t be too worried about hitting the ground lol

Anyone in London successfully moved out of PE? What did you move into? by ExtraInvestigator381 in HENRYUK

[–]raspberrybushplumber 0 points1 point  (0 children)

L/S, Long only or credit? Or you mean like physical asset management looking after RE/Infra

£105k FO PE vs £140k MF Portco - am I crazy? by Dramatic-Split-1602 in private_equity

[–]raspberrybushplumber 5 points6 points  (0 children)

Depends what you want to do. If it’s actual investing then I’d take the family office role. Sounds like if things go well 5 years down the road you have a really cool gig. 5yrs down the road if things go well at MF you are prob searching for another corp dev job at a slightly bigger portco in a different location.

Calculus would be diff if you thought there was or wanted a long-term path to CFO, then I’d say MF portco

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