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Lost Debate

Private Equity

Lost Debate

The Branch

News, Politics, Society & Culture

4.6607 Ratings

🗓️ 16 April 2024

⏱️ 63 minutes

🧾️ Download transcript

Summary

Our series on the Unbiased History of Israel/Palestine has been nominated for a Webby in the “Best Limited Series” category! - VOTE HERE Voting is open until Thursday, April 18th In this episode, Ravi welcomes Matt Shechtman, a Long Angle partner and private equity expert. They dive into how private equity differs from venture capital and public companies, what to make of its growing involvement in sectors like healthcare and childcare, and what trends the industry might influence next. Later, Carrie Sun joins the conversation to share more about the experiences detailed in her memoir 'Private Equity'. She discusses her time at a top hedge fund and her journey from being a double-degree MIT student to working for a billionaire in finance. Timestamps: Intro - 0:01 Matt Shechtman - 3:07 Carrie Sun - 31:19 Leave us a voicemail with your thoughts on the show! 321-200-0570 Subscribe to our feed on Spotify: http://bitly.ws/zC9K Subscribe to our Substack: https://thelostdebate.substack.com/ Follow The Branch on Instagram: https://www.instagram.com/thebranchmedia/ Follow The Branch on TikTok: https://www.tiktok.com/@thebranchmedia Follow The Branch on Twitter: https://twitter.com/thebranchmedia The Branch website: http://thebranchmedia.org/ Lost Debate is also available on the following platforms:  Apple: https://podcasts.apple.com/us/podcast/the-lost-debate/id1591300785 Google: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vTERJNTc1ODE3Mzk3Nw  iHeart: https://www.iheart.com/podcast/269-the-lost-debate-88330217/ Amazon Music: https://music.amazon.co.uk/podcasts/752ca262-2801-466d-9654-2024de72bd1f/the-lost-debate

Transcript

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0:00.0

Welcome to The Lost Debata Show for Political Ecclectics.

0:03.0

I'm Ravi Gupta, and this is the private equity episode.

0:06.2

We've done a bunch of segments on private equity, whether it's housing, health care, elder care, daycare, K-12.

0:13.9

And in some of those segments, I've been kind of skeptical of the role of private equity.

0:18.8

And we have a listener who works within the industry,

0:23.6

close to the private equity industry, is a huge expert. He sent me a message online and said,

0:28.3

hey, like if you ever want anybody on to offer a different perspective on private equity,

0:33.7

I'm here. And I've welcomed them on. And he and I, Matt, his name is Matt Checkman.

0:39.2

He'll be on in a little bit to talk about his experience with private equity.

0:42.4

And I think he gives a nuanced take that's more positive than I've been on private equity.

0:46.7

And I think that's really valuable because we are the lost debate after all.

0:49.7

I then talked to Carrie's son who wrote wrote a best-selling memoir called Private Equity

0:55.2

that recently came out.

0:56.4

She worked for a hedge fund slash private equity fund slash hybrid fund and wrote all about

1:02.4

her experience working as the assistant to the person who ran that firm and then her decision

1:06.7

to leave.

1:07.6

My intention in that conversation was to talk all about private equity, but actually because

1:11.7

we had both had similar experiences as assistants and sort of powerful people, we spent most of that

1:16.5

conversation talking about what it's like being assistant. And that sort of, it turned into a little

1:20.7

bit of a devilware's Prada in real life segment, which actually is far more entertaining than

1:25.2

how we'd plan to spend the time. And so stick around for that.

1:28.2

But just the warning is it's a little bit lighter than the Matt conversation on

...

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