Online Tax Man founder Vincenzo Villamena describes the workplace environment and culture at Big Four accounting firms like PwC.
0:00 / 0:16exact quote · 16.3s
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“The thing about PwC is it, I mean, and really the big four in general is like, you know, if you want to be an accountant, it's a great place to start off. I mean, you know, every, it's really young organization. It's kind of like a frat party. Everyone from college just kind of goes there after college. No one really knows what they're doing.”
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More from Vincenzo Villamena
AssertionContradicted
Villamena: 80% to 90% of Big Four Hires Leave After CPA Licensure
“Pretty much, you know, 80, 90% of the people that, that, that start working in big four accounting just end up, you know, getting their, fulfilling their CPA licensure requirements and then getting, getting out of Dodge.”
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Disclosure
Villamena: Private Equity Firm Promised Carried Interest But Never Delivered
“I mean, you know, we were promised carry, which we never got.”
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PredictionNot checkable as stated
Villamena: Online Tax Man will generate just short of $1M in 2016
“Yeah, I mean, 20, 2016, we're talking about probably just short of a million.”
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AssertionNot publicly verifiable
Villamena: Pegasus Blue Star Fund closed only around $100M
“We never ended up doing the second rounds. I mean, we didn't get the full fund. We maybe closed like a hundred or something.”
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AssertionNot checkable as stated
Villamena: Pegasus Blue Star Fund Achieved Over 20% Healthcare IRR
“So, the IRR, I mean, it was definitely like above 20%.”
Vincenzo VillamenaApr 1, 2016▶ 10:49Quit $100k+ Private Equity to Move to South America, Does $1m Tax Business Now with Vincenzo Villamena of Online Tax Man EP 216
AssertionNot checkable as stated
Villamena: Online Tax Man generated around $20K-$30K in January 2016
“Probably 20, 30,000, something like that, maybe more.”
Vincenzo VillamenaApr 1, 2016▶ 16:25Quit $100k+ Private Equity to Move to South America, Does $1m Tax Business Now with Vincenzo Villamena of Online Tax Man EP 216
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