Connaughton: Going public limits PE firms' ability to incentivize future partners
John Connaughton · Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201) · Jun 28, 2021 · at 44:16
John Connaughton, Co-Managing Partner of Bain Capital, explains why maintaining a private partnership model retains talent better than public listings.
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“If you're A company today that's given away half your equity, you can only give away your equity once. You can't actually give it away twice. And so right now, that's one of the reasons why our generations of partners that are leaders now stayed and are motivated by our model.”
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