growth equity

“Unlike in the pure venture capital place, it's essentially, you know, once you're out there raising cash, the terms are relatively clearly set. We're doing sort of a, using a set of forms that everybody's very comfortable with in this particular space. There's…”

“It's the tough conversations happen a little bit late, and those tough conversations are about exit, and they're about control, and they're not often about valuation. Those conversations get solved really quickly, and folks think, oh, we're done. We've got our…”

“Energy and renewables, battery storage data centers, any one of the new kind of topics that are, or newer topics that are that are drawing a lot of growth equity and investment, capital investment.”

“So there, there's the struggle of trying to figure out how to put it together. And also seeing that not as many deals as we would think, many deals get started, not as many of them get close, get to close.”

“We did an exercise where we all reached out to folks. We had, you know, connections, friends that work at other firms, and we asked them, you know, what industries are you not touching right now? Like, you can't bring it to investment committee. Like, you just…”

“Summit and TA were the two kind of first growth equity firms to create this category”

“It's always been growth equity. Same stage, same strategy, same thesis, the whole way through. So the check size has increased a bit, so that means, you know, we tend to own a little bit more of the company than we once did, but still staying in that minority …”