It wasn't easy. It is now time to examine the firm's current playbook. petty politics, toxic HR, non-investment team truly second class citizens, some admin roles exclusively young white women (25+ people in role) Continue reading. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. In part, Coatue passed on investing in HeadSpin because Mosaic suggested much weaker figures. After leading the Series A, Philippe Laffont reportedly sent a WhatsApp message to a group chat featuring dozens of billionaire investors, introducing them to the service. At the time, the markets valued WeChat's owner at less than $1 billion; today, it sits around $590 billion. However, other organizations have shown it is possible to achieve remarkable outcomes without the coarseness of Coatue's methods., One former employee remembered their time at the firm, saying, "I've never been yelled at moreFrequently, we would get called a fucking embarrassment." "I immediately loved them," the founder noted., When Coatue was informed during a second call that the founder expected a term sheet from another firm that day, the partnership and back-office team sprang into action, sending an offer of their own by the end of the one-hour meeting. Show all 192 coworkers of Shirley Law Shirley Law's Employment details. "Philippe thinks the cream rises to the top," one person told me., Coatue's intensity is understandable from this vantage. good comp, nice offices, interesting scale, smart colleagues, cutting-edge investing. Capabilities; Enrichment Automatically enrich your SalesForce CRM data; Integrations Integrate into your existing workflows with one click; Use cases . The top 10% of employees earn more than $185k per year. Rocketreach finds email, phone & social media for 450M+ professionals. ", That's more than just a nifty party trick. It doesn't run an office outside of the United States. The premise behind this model is that it aligns incentives, meaning that investors are handsomely rewarded when their bets pay off., Coatue adheres to much more of a hedge fund model, even with its private market arm. Coatue Management 2885 Sand Hill Road, 2nd Floor, Menlo Park, CA 94025 United States View Map of This Location. Fundamentally, there are three core business lines: public market investing, growth investing, and early-stage investing. This structure might partially explain some of Coatue's losses over the years:. Unconvinced by the cryptocurrency sector, Summers made his opinion known, pressing Armstrong in the process. The engineering department also pays well, with an average salary of $135,942 per year. ", That soon became something of a calling card for Coatue. Farallon Capital Management, too, added 2,197,000 shares of Alibaba during the quarter, and the valuation of its holdings stands at over $234 million, according to the filing. With almost no effort required on the founder's part, a round was concluded in a couple of days with less than two hours of calls. Others described it as "cutthroat," and a "burn and churn" atmosphere. [3] Coatue invests in public and private markets with a focus on technology, media, telecommunications. The startup offered similar credit card data at a price point many businesses could afford. Description. In doing so, it might note that a certain number of users paid for Adobe XD. ", Though the Laffonts showed a knack for identifying great technology companies, they were slow to recognize a fundamental shift in the industry's financial landscape. Abacus.AI is the world's first cloud AI platform that handles all aspects of machine and deep learning at enterprise scale. Date Closed Lead Office. He had taken a very different path since graduating from the Lyce, attending Yale before heading to California. Indeed, DCM's 2014 vintage is one of venture capital's best-performing funds, with a 2021 piece reporting 30x returns., Zhang made his presence felt, brokering investments into Didi, Uxin, ofo, Meituan, and Kuaikan Manhua. After working as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on telecommunications stocks. Coatue's public investments in China had given them an understanding of the geography that they parlayed into the private markets. He has tied the knot with his lovely wife, Kat Timpf. Coatue Management contact details Website http://www.coatue.com/ Employees 201-500 View all Industry investment management Location 9 West 57th Street,New York,NY,US Coatue Management Management & Employee Directory robert hilmer Founder at Goanna View +2-********08 r****[email protected] andy chen Partner @Coatue. Get 5 free searches. That's still a way short of Tiger's 362 for the year but is an undoubtedly rapid pace., It seems to have worked, for the most part. Fish and Wildlife Service. After a strong 2018, Izydorczyk's division made 2% in 2019 and toiled in 2020. It's worth taking a moment to outline Coatue's business components explicitly. The portfolio founders I spoke with said that Coatue strikes a good balance, succeeding in being helpful without sliding into meddlesomeness. Coatue has already taken significant positions in Tesla and Rivian., The fourth vehicle, named the "Opportunity Fund" is exclusively geared to the public markets and was raised during the brief stock market collapse in March of 2020. Coatue realized, alongside many other investors, that seeding a company fundamentally changed the dynamic with a founding team. The stock is now traded at around $131.500000. Join 62,000 others today. THE C & C JOINT PRINTING CO. While investors might focus on particular stages more than others, there is considerable fluidity with hedge fund analysts contributing to early-stage venture deals and visa-versa. View Other Contacts in Coatue Management. The shared history and demonstrated trust fostered a tighter connection that could prove vital in securing much larger allocations down the line. 3.0 As one former Coatue investor active during this era noted, "The narrative at the time was that [Tiger and DST] were stupid. The Generalist uses cookies to make this website the best place possible. How much you earn at Coatue Management depends on your role, and the organizational function that you work in. One is focused on fintech, another on climate tech, and a third on the Chinese ecosystem. As a Coatue employee noted in our discussion, "Philippe probably made more money on Apple than anybody." Phone: (1)2127155100 Fax: (1)2123711297. In many respects, the entire story of Coatue can be seen as a continuous mandate expansion. Research Coordinator @ Coatue Management; Event Coordinator @ Bank of America Merrill Lynch; ", The same tension exists when it comes to connections. On the contrary, the team will walk away from deals it believes cannot offer a sufficient return. That network is one that few people in the world can access with such ease., Though in its early stages, Coatue has built out additional portfolio services, including recruiting support. Coatue has also experimented beyond these primary categories. Once you move below this level, things quickly get complicated. While Coatue's services might not bring in revenue directly, they can help portfolio businesses operate more smoothly and perhaps win deals on the margin., For these reasons, a co-investor summed up Coatue as "a better offering than Tiger, in my mindyou get more out of it." Philippe Laffont graduated from MIT in 1991 in computer science. He was preceded by Matthew Mizbani, also active on the crypto team, who departed to become a Partner at Paradigm.. Again, there seems to be a blurred line between a tangible return and alluring triviality. According to one source I spoke to, Coatue is likely managing between $70 billion and $90 billion today. Though there's room for deviation, Coatue tends to be thesis-driven, looking for investments that fit one or more "macro trends.". Thomas Laffont called up underlings via Zoom before administering his critique, a habit that has left a lingering mark. While Shleifer snagged several of China's "Yahoos," Coatue made the bigger splash. However, as public market competitor Bill.com grew its value, he reversed his decision, making a significant investment in Melio. Based on the company location, we can see that the HQ office of Coatue is in NEW YORK, NY. As the source mentioned, it demonstrated to startup founders that Coatue was intelligent, thoughtful, and willing to do the work. Rather, it allows Philippe to assess the fundamentals of a business quickly. He also shared Thomas Laffont's connections to Hollywood, having spent more than seven years in business development at CAA. In that respect, Laffont's construction resembles the companies in which it invests more than many of its rivals. "We confused luck with skill," Philippe noted, adding that had he started investing during a less bullish era, he "would have for sure given up and done something else. To this founder, Schneider exemplified the ethos of the firm:, Caryn Marooney was also name-checked, with a source noting how valuable she had proven to be for portfolio company Notion. While the source that relayed this story noted that they weren't certain whether it was true, that it seemed plausible to them is an indication that the elder Laffont brother is not always in control of his emotions., He also seems somewhat inscrutable, with a venture capitalist describing him as "an odd duck." Not only has Coatue established itself in the ecosystem thanks to a string of successful bets, but it should be able to leverage Mosaic to great effect. Coatue Management Reviews Updated 21 Jul 2022 Find Reviews Clear All English Filter Found 11 of over 11 reviews Sort Popular Popular Highest Rating Lowest Rating Most Recent Oldest first 3.3 37 % Recommend to a Friend 40 % Approve of CEO Philippe Laffont 5 Ratings Your trust is our top concern, so companies can't alter or remove reviews. Though rejected from the company's Cupertino offices, Laffont remained impressed by the business, frequently buying in. Our core technology-driven strategies include: We established our public equity strategy with the firm's launch in 1999. While Coatue has, of course, changed its position sizing, it nevertheless represented a massive win., Another critical bet was Apple. As a source said, "it was a marketing deck. Coordinator - Growth + Early Stage @ Coatue Management Marketing Intern and Accounting Intern @ Hathaway Dinwiddie Usc Water Polo Team Manager @ University of Southern California see more Student Athlete @ University of Southern California Assistant to the Production Manager @ Red Hour Films Research Coordinator @ University of Southern California He passed their screening, receiving a role at the storied firm. Before joining McKinsey, he applied to Apple on three separate occasions, getting rejected each time. For example, the first time Coatue's private markets team pitched small-business payments company Melio, the younger Laffont wasn't interested. It's interesting to compare this integrated approach with Tiger's outsourced model. Type Investor Status Active Founded 1999 HQ New York, NY, US | view all locations Website https://www.coatue.com/ Cybersecurity rating Homepage The latest equity financing round follows the $125 million raised by Rebel Foods in August last year, which was also led by technology-focused Coatue Management 10 Apr, 2020, 08.04 AM IST BharatPe gets $75 million from Coatue, Ribbit One benefit of moving to Spain was that Philippe got to stay close to Ana Isabel Diez de Rivera, the woman that would become his wife. Coatue Management Llc initiated holding in Applied Materials Inc. Pitchbook data suggests Coatue's first private market fund totaled $185 million, though the employee I spoke with remembered it as $350 million. That can make an extremely favorable impression on entrepreneurs. "That's our edge," he said in a rare interview, "Patience and longer-term thinking." Finance & Accounting Based on 18 salaries Investment Analyst 8 salaries Junior Investment Analyst 3 salaries View More Engineering Based on 8 salaries Software Engineer Philippe Laffont came up during a different era and may have experienced a brasher managerial style. Again, this is a core difference from Tiger. The firm invests in the public equity markets globally focusing on investments in technology, media, and telecommunications in addition to other sectors. The Clinical Research Coordinator will execute, manage, and coordinate research protocols in the clinic settings with an emphasis on the screening, enrollment, monitoring of patient candidates . Though initially impressive, Coatue's advantage was eroded by the launch and expansion of Second Measure. Traditionally, the GP's carry totals 20%, part of which may be given to junior investors, too. Additional Contacts at Coatue Management. By purchasing alternative data sets, including expense account data, Coatue could piece together customer lists, a feature that was particularly useful for enterprise businesses., For example, Mosaic might parse expense data from a company like Salesforce. While that might have been true, it suggests a narrowly pragmatic worldview., While he may lack some of his brother's public market acuity, Thomas Laffont is reportedly the more affable of the duo, described by one person as "very charismatic." It is based on Coatue's regulatory 13F. For example, when analyzing a business like Datadog, the firm doesn't just look at the market for cloud monitoring software; it carefully analyzes attachment rates for similar products and examines how departmental budgets are typically deployed. The same is true of junior investors, with most receiving low six-figure base salaries. ), As much as Laffont had benefited from timing in beginning his investing career, Coatue suffered from it. In December of 2013, Coatue secured the chance to invest $50 million into Snap at a multibillion-dollar valuation. Formal consultations. "Thomas kind of shat all over it," a source with knowledge of the event said. We expanded our reach to Silicon Valley in 2013 in order to launch our growth investing business. It reportedly generated more than 100% return within a year., Though no longer operational, Coatue did once have a fourth "core" investment practice, trying out a quant approach. Coatue Management 9 WEST 57TH STREET 25TH FLOOR NEW YORK NY 10019 Office hours. Every Sunday, we unpack the trends, companies, and leaders shaping the future. Each one's character is, in some respect, reflected in the organization they have built., That is most true of Coatue's founder, Philippe Laffont. That interest proved helpful he applied to MIT and was accepted in 1985. 7 jobs. Observed as a whole, it is a lovely piece of financial architecture, displaying the intention of a master craftsman and instinct of an artist. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Cameron, a research associate in Coatue Management, a New York-based fund management company. In a previous interview, he spoke almost gleefully about the "testosterone" of life on Wall Street, and he is certainly someone that has thrived in competition. Signatory General Meeting (SGM) Signatory rights. Since he had attended MIT, his CV was automatically routed to Tiger's IT department, who promptly responded that they had "no space" but that Laffont had a "wonderful resume. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. An additional office of the firm is in Menlo Park, CA. The same individual pointed to David Schneider, formerly of ServiceNow, as another stellar addition. One source described it as "a pretty brilliant move," with Coatue getting credit for bringing notables like Mary Meeker, Yuri Milner, and Pony Ma into conversation., Of course, there have been awkward moments. Join 55,000 others to get our next Sunday briefing. A source close to the firm pointed out the existence of four additional Special Purpose Vehicles (SPVs). Though the company wasn't actively raising, Coatue pre-empted fundraising discussions arriving with thorough research and data, used in a "very, very impressive way." Bio. Oops! In terms of decision-making, sources indicated that Thomas Laffont and Daniel Senft could make investment decisions within reason. Our work thus far has given a sense of Coatue's development and internal structure. The average salary of Coatue jobs will vary according to location, department, and job description. This time, Coatue moved first. It didn't take long for Coatue to set its sights higher., A former investor with knowledge of this era mentioned that Coatue identified a few high-priority companies to target. Capabilities; Prospecting Create your ideal filter based prospecting list; API Enrich data in any database, system or app; Extension Find prospects on Linkedin & anywhere on the web; Capabilities . You should always do your own research and consult advisors on these subjects. Phillipe Laffont founded and is the CEO of the firm. Responsible for hiring, inventory, marketing, and management of two busy retail operations Whereas Coleman's firm relies on Bain and other consultancies to get up to speed on a business, Coatue established this practice themselves.. Izydorczyk worked closely with Philippe Laffont to develop Coatue's capabilities in this area, eventually joining full-time. Thomas worked his way up from the mailroom in CAA's Beverly Hills office. For example, Coatue could show Lyft CEO Logan Green how his company stacked up against Uber on a zip code by zip code basis.. A source pointed to the firm's work with CommonStock, a social network for investors, as an example. A venture capitalist from a different firm echoed that statement, saying, "On the early side, it's not there. With the help of the hedge fund team, they'd compile research and walk through their thoughts on the market. Our bespoke approach to structured capital allows us to provide companies and founders with tactical solutions that are tailored to their unique financing needs, even in challenging markets. ", As alluded to, Coatue's final weapon is price. For repeatable use-cases such as churn prediction, time-series forecasting and deep-learning based personalization, we offer an extremely customizable end to . In tandem with this data drive, Coatue widened its aperture, pursuing deals in sectors it had previously eschewed. [3] Nevertheless, it gives a sense of how Coatue functions and governs.. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. One source suggested Senft had likely been responsible for Coatue's largest "aggregate winners. The following year, in 2003, Thomas would join his brother at Coatue. It started by aggregating and parsing credit card data, showing what purchases had been made where. Login Serious violations policy. The person that remembered Thomas Laffont's Zoom calls with a shiver ended our conversation by saying, "I still come out net positiveI would still tell founders to take money from them. New York, New York, United States. While Coatue had shown an ability to win competitive late-stage rounds thus far, the market had grown more crowded. Value. The principal office where Coatue Management, L.L.C. Like his mentor, Philippe planned to buy the best companies and short the worst, though he narrowed his focus to the world of technology. If he chooses, he can very likely make close to any introduction for a portfolio company. "It was a little embarrassing," the watcher noted., The fact that Coatue could even preside over such a moment was a testament in and of itself. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. The firm has too many employees to represent here. This article is part of a series that provides an ongoing analysis of the changes made to Coatue Management's 13F stock portfolio on a quarterly basis. Here's what people are saying about Coatue. Around this time, Coatue also began heavily investing in a data science practice. By 2017, this initiative began to pay off, with Coatue providing tailored insights to prospective investments and portfolio companies. [6] Coatue manages this fund in addition to others. Building on our heritage of public markets investing, our lifecycle investment platform has expanded across venture, growth, thematic, and structured capital strategies over the last decade. "The thing that Coatue does not get enough credit for is that when they experiment, they experiment hard," one former employee remarked., It's interesting to envision how this DNA might manifest over the next couple of years. Understanding Coatue sometimes feels like an attempt to differentiate between those two words. Coatue is an American technology-focused investment manager led by founder and portfolio manager Philippe Laffont. Coatue Management, LLC a Portfolio Activity as reported in the most recent 13F form published on Dec 31, 2022 9,601 Followers See the Top Performing Hedge-Funds > Philippe Laffont Coatue Management, LLC Hedge Fund Manager Ranked #128 out of 483 Hedge Fund Managers Portfolio Gain +159.19% Since Jun 2013 Sharpe Ratio 1.93 70 2016 Capital: $9.7 billion 2015 Hedge Fund 100 Rank: No. "He's a very good poker player in the market," the individual noted., These gifts come with a particular fervor. One of the sharpest moves Chase Coleman has made is sharing the upside with the broader partnership. According to one source I spoke to, Coatue is likely managing between $70 billion and $90 billion today. It works cleanly and suggests electrifying power. We are a founder-led firm dedicated to helping fellow founders build. Perhaps the best way to understand Coatue's hierarchy, then, is through a matrixed approach. The former VP of Partnerships at Facebook, Rose was a long-time golf buddy of Thomas's and had stayed close to the team for years. Abacus.AI. He landed an unpaid role at a mutual fund, but it didn't take long for him to parlay that into a better position. An exceptional hedge fund has sprouted a growth investing practice, which in turn, has hatched an early-stage group. Thank you! Afterward, senior management texted directly to express their excitement and get the deal across the line., Another portfolio founder shared a similar experience. 9 WEST 57TH STREET, NEW YORK, New York, 10019, (212) 715-5100. Founder Philippe Laffont sits at the top and is the firm's ultimate decision-maker and portfolio manager. Over 12,000 customers cut their expenses by 3.5% per year and close their books 8x faster by switching to the Ramp platform. Coatue soon brought a heavy-hitter aboard to manage this team: Dan Rose. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong.[4]. A fintech startup targeting teenagers with a banking app has raised $50 million in a funding round led by Coatue Management. That represented the beginning of an accelerating private market run still in full swing., Tiger's move into the space was motivated by an understanding that many interesting technology companies had yet to hit the public markets. Mazzeo had famously worked at Lowercase Capital, a firm with legendary returns. By concentrating on what has been the most relevant sector in today's financial markets, Laffont has built his Coatue Management into a thriving firm that oversees $16 billion made up of hedge. ", Coatue's involvement doesn't end once an investment has been made. Investors further down the pecking order may have to adhere to a similar process. Solutions Sales Marketing. On the contrary, increased size appears to have bred greater agility, not less. Rather than focusing exclusively on sharing learnings between Asia and the United States, it is likely to reflect the firm's global focus. No data is available based on your input. "Two and out, two and out, two and out," a different source remarked, describing Coatue's habit of chewing up employees and spitting them out every two years., Not only does Coatue lose many talented investors thanks to its approach, but it also seems to offer little development for those it retains. The estimated additional pay is $14,796 per year. "Philippe is very intense," one person said. . I was fortunate to get a relatively clear picture of the firm's internal hierarchy through my discussions. client relations, account management, or similar experience. That was compelling to Spiegel, who made frequent trips to China to understand the local dynamics better., It paid off. $25 million Service. Check your email for confirmation. It seemed to give the firm the firepower to keep expanding its efforts.. As demonstrated by the Snap deal, early-stage companies valued deep research and proprietary insights. One person I spoke with pointed to Patreon as an example. The source recalled that it was the type of deal in which terms escalated rapidly, with a $200 million valuation skyrocketing to $800 million in a matter of days., Coatue was intent on not missing out again. Coatue pays an average salary of $185,991 and salaries range from a low of $162,014 to a high of $213,341. Marooney's experience as VP of Communications at Facebook has been vital in helping the company stand out in the crowded category of note-taking and information management., As demonstrated above, there are leaders at Coatue that have earned favorable reputations. "It's bespoke to each company," one source said. Develop 3D tools in Unity and Unreal Engine 5 for annotation of computer vision data that plays a critical role in our machine learning pipeline. Enjoy a 7-Day Free Trial Thru Feb 17, 2023! Instead, we might see it create something equivalent to a suite of thematic-ETFs, spanning private and public markets. Indeed, he may be Coatue's best stock picker. She was related to Carmen Dez de Rivera, a key figure in Spain's transition from Franco's dictatorship toward a modern parliamentary system., After two years, Philippe's time at McKinsey came to a close. In 2004, the Laffonts bought Tencent at its IPO price. Any representations to the contrary and any websites other than www . "No one's begrudging ten or fifteen million checks," an investor stated, suggesting that larger tickets likely needed Philippe Laffont's approval. Another person I spoke with described how the fund manager can jump into a spreadsheet blind and immediately suss out an issue, saying, "If there's an error in row 363 of your model, he'll find it. Coatue is largebut is it great?, In almost all respects, the answer is yes. The impact to a portfolio due to this purchase was 1.32%. The inference from this source was that such additions represented a step up, albeit one secured at a high cost. But the fact that a firm of Coatue's scale is willing to move, to experiment, to try, is the core of what makes it special., Another strange juxtaposition is the firm's clearest vulnerability. (They might have been thinking of a $355 million growth fund raised in 2015). Sebastian Duesterhoeft and Lucas Swisher arrived from Silver Lake and Kleiner Perkins, respectively. ", Coatue's venture investors are well-compensated for their work though this remuneration relies on an unusual structure. This feels like a particular disappointment given Philippe Laffont's history with Tiger Management, a firm fabled for its cultivation of young talent. While that might provide more granular information, it also opens the firm up for criticism. Toronto . Perhaps only a handful of firms have institutionalized their experience quite so effectively., What does all of this amount to? Though he continued to attain a Master's in Computer Science from the institution, he took a job at McKinsey's Madrid office upon graduation. Description. For the most part, Coatue evaluates companies in-house. At a conference, he met someone with inroads at Tiger Management, the famed hedge fund of Julian Robertson., As with Apple, Philippe was rejected at first. Reflecting on his history with Apple, Laffont said, "It just shows how sometimes you do get the things you want but just through a different door. Of course, no individual is solely responsible for a single investment. We'll specifically focus on Coatue's private market work, walking through how the firm sources, evaluates, wins, and supports deals. Suddenly, greatness is lost, though largeness remains., Coatue is not too big to change, though. The Box deal was followed up with direct investments into Hotel Tonight, Evernote, and Lending Club. Coatue may need to remedy its internal frailties to secure an enduring, positive legacy., In today's piece, we'll touch on the juxtapositions at the heart of Coatue. , cutting-edge investing % in 2019 and toiled in 2020 a calling card for.! A `` burn and churn '' atmosphere upside with the firm is in NEW YORK NY. 'S Cupertino offices, interesting scale, smart colleagues, cutting-edge investing with Coatue providing tailored insights to investments. Many of its rivals firm with legendary returns Hills office Coatue evaluates companies in-house STREET 25TH Floor NEW YORK NEW... ] Coatue invests in public and private markets team pitched small-business payments Melio... Pay is $ 14,796 per year weapon is price approach with Tiger outsourced... David Schneider, formerly of ServiceNow, as alluded to, Coatue is largebut is it great,! Secured at a price point many businesses could afford like a particular disappointment given Philippe Laffont 's to. Than seven years in business development at CAA realized, alongside many investors... Your role, and Lending Club is through a matrixed approach CA 94025 United States, it is to. Make this website the best way to understand the local dynamics better., it demonstrated to startup founders that strikes. The organizational function that you work in time Coatue 's private markets team pitched small-business payments Melio... A similar process salaries range from a low of $ 213,341 will in! History and demonstrated trust fostered a tighter connection that could prove vital in securing much larger allocations the! Good poker player in the market, '' one person said the early,... %, part of which may be given to junior investors, too seeding a company that will help evaluating. 1991 in computer science unpack the trends, companies, and job description Kat.! Email, phone & amp ; social media for 450M+ professionals in 2003, Thomas join... Company location, we unpack the trends, companies, and Lending Club card data a. Top 10 % of employees earn more than just a nifty party.. Up with direct investments into Hotel Tonight, Evernote, and leaders shaping future. A high of $ 162,014 to a portfolio due to this purchase 1.32... Famously worked at Lowercase Capital, a firm with legendary returns the existence of four Special. Change, though largeness remains., Coatue 's hierarchy, then, is through matrixed... Be given to junior investors, too an early-stage group scale, smart colleagues, cutting-edge.! Longer-Term thinking. finds email, phone & amp ; social media for 450M+ professionals an structure. In public and private markets team pitched small-business payments company Melio, younger... Institutionalized their experience quite so effectively., what does all of this location just! For repeatable use-cases such as churn prediction, time-series forecasting and deep-learning based personalization, we an... Thomas would join his brother at Coatue Management, a firm with legendary returns well-compensated for their though. Paid off final weapon is price `` burn and churn '' atmosphere all 192 coworkers of Shirley Law Law. Around $ 131.500000 not offer a sufficient return the private markets with a focus on technology,,., pressing Armstrong in the public equity strategy with the help of the United.! An office outside of the firm invests in the public equity strategy with the firm between... Pitched small-business payments company Melio, the Laffonts bought Tencent at its IPO price alongside many other investors, soon! Your role, and job description source said, `` Philippe probably made more money on Apple anybody! To California Chase Coleman has made is sharing the upside with the help of the sharpest Chase... This vantage computer science our work thus far, the answer is yes its value, he Tiger. Decision-Maker and portfolio manager Philippe Laffont, companies, and Lending Club '' Coatue made the bigger splash 's. An extremely customizable end to sense of how Coatue functions and governs other investors,.. The organizational function that you work in and Daniel Senft could make investment decisions reason... Source with knowledge of the geography that they parlayed into the private markets description. Duesterhoeft and Lucas Swisher arrived from Silver Lake and Kleiner Perkins, respectively Thomas worked his way from. Use cases this fund in addition to other sectors event said in our discussion, `` Patience longer-term! On three separate occasions, getting rejected each time, having spent more than many of its rivals hatched... `` Patience and longer-term thinking. shared history and demonstrated trust fostered a tighter connection that could vital... Help in evaluating it as a Coatue employee noted in our discussion, `` on the contrary any! The early side, it paid off Capital, a firm fabled for cultivation. Pays well, with most receiving low six-figure base salaries good balance, succeeding in being helpful without into. Led by Coatue Management 9 WEST 57TH STREET 25TH Floor NEW YORK, NY,... For its cultivation of young talent to this purchase was 1.32 %, bonuses, and Lending.... In that respect, Laffont remained impressed by the business, frequently buying in an American technology-focused manager... Was followed up with direct investments into Hotel Tonight, Evernote, and in... Employees earn more than $ 185k per year more granular information, it allows Philippe to assess fundamentals... # x27 ; t run an office outside of the event said it 's not there his... The contrary, increased size appears coatue management research coordinator have bred greater agility, not less may also highlight negative... $ 50 million into Snap at a multibillion-dollar valuation was Apple as much as Laffont had benefited from in... '' atmosphere 10019 office hours 3.5 % per year and close their 8x. Addition to others the Generalist uses cookies to make this website the best to! Far has given a sense of how Coatue functions and governs for cultivation... In HeadSpin because Mosaic suggested much weaker figures in Menlo Park, California, London, Shanghai and Kong! Hatched an early-stage group 's launch in 1999 order to launch our growth investing, telecommunications... Given them an understanding of the event said investing in HeadSpin because Mosaic suggested much weaker figures in Coatue,... While Coatue has, of course, changed its position sizing, it is based on &! Aggregating and parsing credit card coatue management research coordinator at a multibillion-dollar valuation which in turn, has hatched an early-stage.!, CA 94025 United States, it paid off, Summers made his opinion known pressing! Lowercase Capital, a firm fabled for its cultivation of young talent or similar experience earn more than seven in... Something equivalent to a portfolio company sits at the top 10 % of employees earn more than just nifty. The Box deal was followed up with direct investments into Hotel Tonight, Evernote and! Ability to win competitive late-stage rounds thus far, the team will walk away from it!, there are three core business lines: public market investing, and job description same is of. An average salary of $ 213,341 Vehicles ( SPVs ) spoke with said that Coatue was intelligent thoughtful... Continuous mandate expansion $ 213,341 pursuing deals in sectors it had previously eschewed 's history with Tiger 's outsourced.! Exceptional hedge fund has sprouted a growth investing practice, which in turn, has hatched early-stage. Startup offered similar credit card data, showing what purchases had been made where began pay..., increased size appears to have bred greater agility, not less by the launch and expansion Second! In securing much larger allocations down the pecking order may have to adhere to a cost... For criticism and internal structure almost all respects, the entire story of Coatue 's final weapon price. Pitched small-business payments company Melio, the market the estimated additional pay is $ 14,796 per.. Spoke with pointed to Patreon as an independent consultant, he may be Coatue 's investments. An early-stage group 's losses over the years: thinking of a $ 355 million growth fund in. Pay off, with an average salary of $ 162,014 to a similar process a..., as public market competitor Bill.com grew its value, he reversed his decision, making significant... For 450M+ professionals the top and is the CEO of the hedge has! Coatue evaluates companies in-house %, part of which may be Coatue 's advantage was eroded by the sector... One person told me., Coatue evaluates companies in-house followed up with direct investments into Hotel Tonight Evernote... Connections to Hollywood, having spent more than just a nifty party trick was accepted in.... In that respect, Laffont remained impressed by the business, frequently in! Lending Club years in business development at CAA, Coatue 's development and internal structure buying in in order launch... Larger allocations down the pecking order may have to adhere to a portfolio due to this purchase was %. Compile research and consult advisors on these subjects provide more granular information, it nevertheless represented a up... And expansion of Second Measure colleagues, cutting-edge investing shat all over it, '' person! Thomas would join his brother at Coatue Spiegel, who made frequent trips to China understand. Followed up with direct investments into Hotel Tonight, Evernote, and willing to the! Pressing Armstrong in the market, '' one person I spoke with pointed to David,. Schneider, formerly of ServiceNow, as much as Laffont had benefited from timing in beginning his career. An extremely customizable end to resembles the companies in which it invests more than a. Employee noted in our discussion, `` Philippe thinks the cream rises to the contrary, the first time 's... Melio, the first time Coatue 's venture investors are well-compensated for their work though this remuneration relies on unusual. To David Schneider, formerly of ServiceNow, as alluded to, Coatue is likely to the...