Inside the Life at a $24 Billion Software PE Fund! (Thoma Bravo)

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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Пікірлер: 45

  • @FM-dm8xj
    @FM-dm8xjАй бұрын

    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!

  • @rareliquid

    @rareliquid

    Ай бұрын

    it’s what i wish i had when i was recruiting! thx for the kind note

  • @Hopp433
    @Hopp43322 күн бұрын

    Keep it up with these fire podcasts! Have been enjoying and learning so much from these!

  • @TDesting
    @TDestingАй бұрын

    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.

  • @Joehtoo
    @Joehtoo28 күн бұрын

    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.

  • @MelissaChens
    @MelissaChensАй бұрын

    I loved this talk and hearing her was so refreshing!

  • @konstantinpotthast6514
    @konstantinpotthast6514Ай бұрын

    Great and informative content, as always! Could you like do such kind of Interviews also with people who have worked in Asset Management firms?

  • @bcallaghan1
    @bcallaghan1Ай бұрын

    Great interview and great story. You should try to find a connection at Vista to interview to compare contrast. Good luck as CXO!

  • @Talib_Husain18
    @Talib_Husain1810 күн бұрын

    Very informative podcast for people who are outside the industry and want to know insights. Thanks

  • @naritzify
    @naritzifyАй бұрын

    A favorite interview. Was taking frequent notes. She does a great job of using supporting examples that resonate as a fellow associate.

  • @accountsequity5587
    @accountsequity5587Ай бұрын

    Excited for this interview. Thank you bro, keep up the great content!

  • @jackwilke3268
    @jackwilke32682 күн бұрын

    Is the IB course coming out soon?

  • @user-hb2ku5oq5r
    @user-hb2ku5oq5rАй бұрын

    Ben:Nice podcast¡¡¡Thank you¡¡¡See you¡¡

  • @user-hb2ku5oq5r
    @user-hb2ku5oq5rАй бұрын

    Ben:Nice podcast¡¡¡Thank you guy¡¡See you¡¡

  • @kevk4908
    @kevk4908Ай бұрын

    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 🙏🙏

  • @kevk4908

    @kevk4908

    Ай бұрын

    If all shit hits the fan then law school

  • @davidc4408

    @davidc4408

    Ай бұрын

    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

  • @kevk4908

    @kevk4908

    Ай бұрын

    @@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.

  • @kevk4908

    @kevk4908

    Ай бұрын

    @@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.

  • @kevk4908

    @kevk4908

    Ай бұрын

    @@davidc4408 I'll check out quant fund, sounds interesting.

  • @EcomCarl
    @EcomCarlАй бұрын

    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. 🌟

  • @orueom7720

    @orueom7720

    Ай бұрын

    Holy glaze 😂 come on bro

  • @waltermacaulay9976
    @waltermacaulay9976Ай бұрын

    Great content! Can you speak to fellow MBA student that worked at public market hedge fund? Thanks Ben!

  • @rznvideoproductions7534
    @rznvideoproductions7534Ай бұрын

    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.

  • @orueom7720

    @orueom7720

    Ай бұрын

    You're 13, please chill tf out and grow as a well rounded human being first

  • @TheGreekGodOfWallStreet
    @TheGreekGodOfWallStreetАй бұрын

    So painful to hear the “I hadn’t taken any finance courses but was at Yale so I got an internship”

  • @Adrian-kb2rf
    @Adrian-kb2rf19 күн бұрын

    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

  • @dylanvcr
    @dylanvcr3 күн бұрын

    ThomaBravo is one of the largest reasons home and rental prices are so high. Realpage encourages cartel behavior.

  • @pragyanmishra2240
    @pragyanmishra2240Ай бұрын

    Bro am the 1st to comment

  • @rareliquid

    @rareliquid

    Ай бұрын

    gratz

  • @RR-et6zp
    @RR-et6zpАй бұрын

    Thoma Bravo just acquires companies, moves labour over seas even if it’s worse quality

  • @Stoneface_

    @Stoneface_

    Ай бұрын

    That's "private equity " in nutshell 😂

  • @1-person-startup
    @1-person-startupАй бұрын

    drop her Linkedin bro

  • @accountsequity5587
    @accountsequity5587Ай бұрын

    Description: plz fix *UBS… thx

  • @rareliquid

    @rareliquid

    Ай бұрын

    lmao thx

  • @Helios_808
    @Helios_808Ай бұрын

    Nice knowhow

  • @jasonf3963
    @jasonf3963Ай бұрын

    The upspeak... can't listen for more than 1 minute.

  • @USASPORTSCARDS

    @USASPORTSCARDS

    17 күн бұрын

    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.

  • @Ouranianomicon
    @Ouranianomicon4 күн бұрын

    Locusts

  • @bobertrobertson130
    @bobertrobertson130Ай бұрын

    dont work in ib or pe, do something interesting

  • @USASPORTSCARDS

    @USASPORTSCARDS

    17 күн бұрын

    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…

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