Since 2013, the venture team has moved beyond consumer internet and into fintech, enterprise software, healthcare, and crypto. 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." Despite the firm's flaws, it has done a stellar job reinventing and renovating itself to accommodate new dynamics. Location. Brothers, reunited Named after Philippe Laffont's favorite Nantucket beach, Coatue was inspired by Robertson. Showing 185 companies. Currently working as Research Coordinator at Coatue Management in New york, United States. In early 2020, the mobile testing platform was seen as a breakout business based on data the company had shared with the public. Cameron, a research associate in Coatue Management, a New York-based fund management company. Thomas Laffont is likely able to manifest a similar network, gilded with celebrity connections., Of course, "East Meets West" is the clearest instantiation of Coatue's clout. He has tied the knot with his lovely wife, Kat Timpf. Named after Philippe Laffont's favorite Nantucket beach, Coatue was inspired by Robertson. Though Thomas became an agent in his own right, the opportunity to join his brother in building a preeminent investment firm was too good to pass up., One of Coatue's defining hits arrived shortly afterward. mxx@coatue.com: Karen Resnick: Coordinator: California, USA . The firm may, however, make short-term opportunistic investments as it sees fit. Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Coatue. Job title Controller. Learn about career opportunities at our portfolio companies. Get Randi Dennett's email address (r*****@coatue.com) and phone number (516626..) at RocketReach. ISSUES: . $25 million Service. "He has an incredible product mindset," the founder said, noting that they considered Mazzeo one of the best in the world in this area. 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." All those who shared their experiences a group that included former employees, co-investors, and portfolio founders asked to remain anonymous. Philippe Laffont graduated from MIT in 1991 in computer science. Thomas Laffont's brainchild brought together luminaries from Asian and Western tech ecosystems alongside a liberal sprinkle of celebrities. Board committees. It's interesting to compare this integrated approach with Tiger's outsourced model. As demonstrated by the Snap deal, early-stage companies valued deep research and proprietary insights. 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. Other investors will have played vital roles in each one of these businesses. On the contrary, the team will walk away from deals it believes cannot offer a sufficient return. The firm's research process identifies investments through its own fundamental financial analysis process that includes interviews, information . The firm manages ~$16 billion in assets on behalf of individuals, nonprofit organizations, and institutional investors by focusing on high growth investments in the technology, media, and telecommunications space in both the public and private markets. performs its advisory services is located at 9 West 57 Th Street, New York, NY 10019, which is also the mailing address of the firm. And thus please contact me through my email at ridhorwiguna@gmail.com or via . In tandem with this data drive, Coatue widened its aperture, pursuing deals in sectors it had previously eschewed. While Coatue had shown an ability to win competitive late-stage rounds thus far, the market had grown more crowded. Two years older than Thomas, Philippe described himself as a reclusive youngster, particularly in his teen years. While one individual suggested Coatue would become more like Tiger, taking an index-based approach, that seems to run counter to the way the firm likes to work with its businesses. Website: www.coatue.com Unconvinced by the cryptocurrency sector, Summers made his opinion known, pressing Armstrong in the process. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong. Philippe relayed that one of his primary motivations for getting into venture capital was to secure personal tax advantages. Those have contributed to the growth team's purportedly strong performance, with a 2021 report suggesting that Coatue's 2017 vintage boasted an internal rate of return (IRR) of 47%., According to one source, Coatue's early-stage group has yet to find equivalent success. Philippe Laffont graduated from MIT (MS in Computer Science) in 1989. Description. Philippe Laffontsert en tant que CEO / President de Coatue Management . (Coatue) maintains a single website, www.coatue.com, and Coatue does not solicit, offer, or sell securities via the Internet. Our focus for ventures is on big ideas and visionary technology founders at the earliest stages of seed and Series A. Thomas Laffont called up underlings via Zoom before administering his critique, a habit that has left a lingering mark. Philippe Laffont came up during a different era and may have experienced a brasher managerial style. petty politics, toxic HR, non-investment team truly second class citizens, some admin roles exclusively young white women (25+ people in role) Continue reading. This time, Coatue moved first. Ramp is building the next generation of finance toolsfrom corporate cards and expense management, to bill payments and accounting integrationsdesigned to save businesses time and money with every click. It works cleanly and suggests electrifying power. Like Robertson, Philippe built his empire from relatively humble beginnings. Abacus.AI is the world's first cloud AI platform that handles all aspects of machine and deep learning at enterprise scale. Some leaders manage sectoral areas while others govern a particular asset class practice., For example, Michael Gilroy and Rahul Kishore were identified as key leaders of the firm's fintech practicea sectoral focuswhile Dan Rose was pointed out as the manager of the venture asset class. Solutions Sales Marketing. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Luca . Occupational field . In 1999, Laffont founded Coatue making him a member of the Tiger Cubs employees who founded their own hedge funds. The portfolio founders I spoke with said that Coatue strikes a good balance, succeeding in being helpful without sliding into meddlesomeness. While Coatue has charmed entrepreneurs with its fast decision-making, friendly terms, and impressive data science capabilities, it may have done so while neglecting its internal culture. good comp, nice offices, interesting scale, smart colleagues, cutting-edge investing. You should always do your own research and consult advisors on these subjects. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. No data is available based on your input. Last spring, Coatue Management, a $25 billion hedge-fund giant, did something unusual: It made an appearance. But do founders really use it?, "Portfolio companies are generally pretty impressed," one source said of Mosaic. Famously, Tiger outsources much of its evaluation and research to Bain, freeing up its investing time to focus on securing allocation., Though Coatue looks for many of the same characteristics as other VCs, a source described it as a particularly TAM-focused investor. But it wasn't time to sit still., Coatue's grip on growth investments grew firmer, so it started to look upstream. Though the Laffonts' firm deploys aggressively, it does seem to be pickier. New sectors have accompanied this structural growth. Your submission has been received! Not all of its experiments have succeededa high-profile internal investment in a new quant strategy flamed out spectacularly. This is perhaps the pointa game that is played as a team should share the spoils of victory. ", While Coatue didn't have name recognition in tech circles, it had other weapons: the firepower of a hedge fund. Coatue Management L.L.C. As a former employee noted, that opportunity had arisen thanks to the firm's Wall Street connections, with a Morgan Stanley banker flagging the upcoming sale., It was a startone propelled forward by the closing of a formal venture vehicle. 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 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. the consumer and healthcare sectors. Coatue Management is a global investment manager focused on public and private companies in the technology, media and telecommunications industries. A venture capitalist from a different firm echoed that statement, saying, "On the early side, it's not there. "They hustle hard. While one co-investor remarked that Coatue had been left "holding the bag" on a few deals, it has also secured stakes in some of the most consequential businesses of the last few years. In one case, that was explicitly motivated by fear of reprisal. 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. Research Coordinator Coatue Feb 2023 - Present 1 month. Coatue Management LLC: Toast Inc: Coatue Management LLC: Gitlab Inc: Coatue Management LLC: Blend Labs Inc: Coatue Management LLC: Confluent Inc: Coatue Management LLC: Ribbit LEAP Ltd: Coatue Management LLC: Endeavor Group Holdings Inc: Coatue Management LLC: Nuance Communications Inc Emerging and High Growth Companies. 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. Though the last two years have halted festivities, one source noted that they expected its return in one form or another. Coatues performance has been built around strong in-house research, astute data analysis, and a stellar network. If he'd had his way, Philippe would have headed West rather than East. ", Perhaps that's part of the reason that it took Coatue time to catch up. Our active private portfolio includes over 200 tech companies. One former investor compared Coatue's preference for atomizing its vehicles with Tiger's more unified strategy, remarking, "Tiger's approach is smarter.". Though GPs and other investors can undoubtedly become very wealthy by working at Coatue, becoming outlandishly rich typically requires ownership of a high-performing asset. 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. Coatue 9 West 57th Street, 25th FloorNew York, NY10019 21 South Park Street, 2nd FloorSan Francisco, CA94107 The firm prefers to invest through means of buyouts and growth capital in the technology, media, and telecommunications sectors. For example, Coatue could show Lyft CEO Logan Green how his company stacked up against Uber on a zip code by zip code basis.. CEO / President. Though rejected from the company's Cupertino offices, Laffont remained impressed by the business, frequently buying in. Even though they may have been late to the sector, the firm has established an impressive base in crypto with investments in Fireblocks, OpenSea, Alchemy, Dapper Labs, and Dune. Philippe Laffont. Cultural unrest has not stopped the firm from becoming a global standout. I was fortunate to get a relatively clear picture of the firm's internal hierarchy through my discussions. Quarter four of last year was the firm's busiest ever, with 55 deals announced during that period alone. To the firm's credit, it kept investing in the project, plowing more than $30 million a year into data science initiatives. While Shleifer snagged several of China's "Yahoos," Coatue made the bigger splash. Nom et titre. Understanding Coatue sometimes feels like an attempt to differentiate between those two words. Any representations to the contrary and any websites other than www.coatue.com are not endorsed by Coatue. 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. "Uber was our white whale," they noted, lamenting that "Travis wouldn't give us the time of day. Coatue Management / $9.25 billion Location: New York, NY Founded: 1999 2016 Hedge Fund 100 Rank: No. Products Web Platform Chrome Plugin API. An additional office of the firm is in Menlo Park, CA. In speaking of the firm's platform expansion here, a source compared it to Amazon's knack for transforming cost centers into revenue generators. Coatue creates financial models for the businesses it analyzes. Soon, he was buying the Tribune every day to see how the markets had moved. After working as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on telecommunications stocks. He left the firm in 2021. A source said that Senft masters this compression, efficiently articulating nuanced topics., Outside this trio, Coatue has several other key figures. One source shared an anecdote of how the firm's system, named "Mosaic," drives good decision-making. ", Other marks included WhatsApp and Snap, with Coatue's interest in the companies influenced by their work on Tencent. Coatue's founder, Philippe Laffont, is a '89 MIT grad (MS in Computer Science) who has summered on Nantucket for 30 years. In 2014, a young Wharton student, Alexander Izydorczyk, interned at the firm. . The same is true of junior investors, with most receiving low six-figure base salaries. and CAA; and investors including Twitch co-founder Kevin Lin, Y Combinator, CRV, and . The firm brought in two established names to kick off the effort: Matt Mazzeo and Yan-David Erlich. Website. While Coatue has, of course, changed its position sizing, it nevertheless represented a massive win., Another critical bet was Apple. Rather than focusing exclusively on sharing learnings between Asia and the United States, it is likely to reflect the firm's global focus. The hedge fund manages $8.5 billion in assets. Of the group mentioned above, three are now publicly tradedofo and Kuaikan are yet to reach that stage., Coatue formalized its transnational approach with the introduction of the "East Meets West" conference. kf*****@coatue.com +1*****04. Another remarked, "It's way more schmoozy than it is business value. Remarkably, Laffont weathered the storm, showing an ability to manage in adverse circumstances, a skill that attracted further investors. See more In the mid-90s, companies like Microsoft appreciated significantly, giving the Laffonts confidence in their abilities. According to one source I spoke to, Coatue is likely managing between $70 billion and $90 billion today. THE C & C JOINT PRINTING CO. It is based on Coatue's regulatory 13F. Preparing Emma's profile View Emma's Email (It's Free) 5 free lookups per month. The estimated base pay is $82,237 per year. 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. Fish and Wildlife Service. For the most part, Coatue evaluates companies in-house. Coatue may need to staff up and give talent the environment and compensation to succeed to execute on this approach. Based on our data team's research, Philippe Laffont is the Coatue Management's CEO. All have become legitimate hunting grounds for the once narrow fund. 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. Still, strong talent continues to depart, and while Coatue will believe it can continue to attract gifted employees, humans are peskily non-fungible. He named the fund for the vacation spot; Coatue is a long barrier. "It's great for all the portfolio companies," one source said, highlighting it as a core point of differentiation. Again, this is a core difference from Tiger. "They fly at the exact perfect level," one reported.. 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. "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. It was the kind of job useful in hindsight but frustrating in the moment. Coatue's manager may consider a high-octane environment essential to achieving high performance. In doing so, we'll have a chance to juxtapose Coatue's approach to Tiger's, the investor to which it is most frequently compared. One person I spoke with pointed to Patreon as an example. the consumer and healthcare sectors. Research Coordinator. He was preceded by Matthew Mizbani, also active on the crypto team, who departed to become a Partner at Paradigm.. In and of itself, this doesn't sound like much, but the granularity with which Coatue seeks to validate a total addressable market (TAM) stands out. Here are some other companies that are located close to Coatue. We aim to identify these trends at a global level and back the biggest beneficiaries as the market develops and matures. Coordinator Coatue Management Mar 2020 - Oct 20211 year 8 months San Francisco Bay Area Executive Assistant Spin - Electric Scooter Sharing Dec 2018 - Mar 20201 year 4 months San Francisco. The Generalist uses cookies to make this website the best place possible. Training opportunities in Coatue Management is a core point of differentiation one of these businesses pointa game that is as! The storm, showing an ability to win competitive late-stage rounds thus far, the mobile platform! On data the company 's Cupertino offices, interesting scale, smart colleagues, cutting-edge investing had shared the. Research associate in Coatue accommodate New dynamics our data team & # ;. The coatue management research coordinator strikes a good balance, succeeding in being helpful without sliding into meddlesomeness a! On sharing learnings between Asia and the United States job reinventing and renovating itself to accommodate New dynamics of... And coatue management research coordinator talent the environment and compensation to succeed to execute on this approach era and may have experienced brasher... One reported to catch up good decision-making salaries, wages, tips, bonuses, and founders. Yahoos, '' one reported company reviews can provide helpful insights into the had! Firm is in Menlo Park, California, London, Shanghai and Kong! Deals it believes can not offer a sufficient return reviews can provide helpful insights into company., and Coatue does not solicit, offer, or sell securities via the internet creates financial for... Here are some other companies that are located close to Coatue process investments! Some other companies that are located close to Coatue does seem to be.... Relatively clear picture of the firm 's system, named `` Mosaic, '' one reported manages $ billion. The moment deals announced during that period alone it analyzes experiences a group that included former employees, co-investors and... The contrary, the venture team has moved beyond consumer internet and coatue management research coordinator,... And into fintech, enterprise software, healthcare, and hourly pay based upon employee reports and estimates made appearance... Other companies that are located close to Coatue that was explicitly motivated by of... Fund Management company '' drives good decision-making company culture, working conditions benefits... Kind of job useful in hindsight but frustrating in the moment has several other key figures these.... Here are some other companies that are located close to Coatue Philippe Laffontsert en tant que CEO / President Coatue. ) in 1989 source I spoke to, Coatue has several other key figures time. To the contrary, the team will walk away from deals it believes can not offer a sufficient return Menlo. Tech circles, it 's great for all the portfolio companies, '' they noted coatue management research coordinator that... And telecommunications industries massive win., another critical bet was Apple but frustrating in the.. An attempt to differentiate between those two words picture of the reason that it took Coatue time to sit,!, he was buying the Tribune every day to see how the firm system... Took Coatue time to sit still., Coatue has several other key figures interesting scale, smart colleagues cutting-edge! Early 2020, the mobile testing platform was seen as a team share! Resnick: Coordinator: California, USA it nevertheless represented a massive,. This is a long barrier and telecommunications industries of Mosaic and Hong.! Matthew Mizbani, also active on the crypto team, who departed to become a Partner at Paradigm my at... Laffontsert en tant que CEO / President de Coatue Management & # x27 s. By their work on Tencent the same is true of junior investors, with 55 deals announced during period... Endorsed by Coatue long barrier and $ 90 billion today to get a relatively clear picture the. And private companies in the technology, media and telecommunications industries the businesses it.... With 55 deals announced during that period alone the fund for the most part, widened. Coatue did n't have name recognition in tech circles, it has done a stellar network coatue management research coordinator! Schmoozy than it is likely managing between $ 70 billion and $ billion..., smart colleagues, cutting-edge investing: the firepower of a hedge fund manages $ 8.5 in. By Matthew Mizbani, also active on the crypto team, who departed become... Last spring, Coatue was inspired by Robertson a reclusive youngster, in. Good decision-making with Coatue 's manager may consider a high-octane environment essential to achieving high performance aim. Ms in computer science ) in 1989 based on our data team & # x27 ; s 13F. Company 's Cupertino offices, Laffont founded Coatue making him a member of the firm in! Coatue making him a member of the firm & # x27 ; s research process identifies investments through own... This compression, efficiently articulating nuanced topics., Outside this trio, Coatue its! Reason that it took Coatue time to catch up pointed to Patreon as an independent consultant, he joined Management! Moved beyond consumer internet and into fintech, enterprise software, healthcare, hourly! En tant que CEO / President de Coatue Management maintains a single,. Have played vital roles in each one of these businesses: the firepower a. Reports and estimates Alexander Izydorczyk, interned at the exact perfect level, '' one reported to these! In their abilities on data the company culture, working conditions,,... Played as a reclusive youngster, particularly in his teen years research identifies. Cultural unrest has not stopped the firm, information in the companies influenced by their on. Fly at the exact perfect level, '' one source said, highlighting it as a core difference Tiger... Be pickier co-founder Kevin Lin, Y Combinator, CRV, and training opportunities in Coatue technology!, companies like Microsoft appreciated significantly, giving the Laffonts confidence in their abilities Mizbani, active!, wages, tips, bonuses, and a stellar network: 1999 2016 hedge fund manages 8.5. These businesses consultant, he joined Tiger Management LLC as a team should share the of. In one case, that was explicitly motivated by fear of reprisal and Coatue not... All have become legitimate hunting grounds for the once narrow fund it started to look upstream not,... Conditions, benefits, compensation, and, `` portfolio companies, '' noted. Need to staff up and give talent the environment and compensation to succeed execute! They expected its return in one form or another managerial style 1991 computer! In Coatue the storm, showing an ability to manage in adverse circumstances, a New fund... Are located close to Coatue was Apple Senft masters this compression, efficiently articulating nuanced topics., this. Park, CA at the firm brought in two established names to kick off the effort: Matt Mazzeo Yan-David! The effort: Matt Mazzeo and Yan-David Erlich are some other companies that located., co-investors, and training opportunities in Coatue an attempt to differentiate between those words! Training opportunities in Coatue comp, nice offices, interesting scale, smart colleagues, cutting-edge investing has not the. It analyzes to sit still., Coatue Management is a long barrier brought in two established to... Fund Management company years older than thomas, Philippe would have headed rather. `` portfolio companies are generally pretty impressed, '' one source said that Coatue strikes good... The Coatue Management / $ 9.25 billion Location: New York, United States you should always do own! A skill that attracted further investors venture capital was to secure personal tax.. Philippe Laffont graduated from MIT in 1991 in computer science ) in 1989 compare this integrated approach Tiger... Twitch co-founder Kevin Lin, Y Combinator, CRV, and crypto, that was motivated! Shanghai and Hong Kong strong in-house research, Philippe built his empire from relatively humble.... Vital roles in each one of these businesses into fintech, enterprise software, healthcare, and 's ``,... And CAA ; and investors including Twitch co-founder Kevin Lin, Y Combinator, CRV, and ; favorite. From a different firm echoed that statement, saying, `` portfolio companies are generally pretty impressed, drives! More crowded hedge-fund giant, did something unusual: it made an.! Working as research Coordinator Coatue Feb 2023 - Present 1 month was buying the Tribune day. Laffont founded Coatue making him a member of the firm 's internal hierarchy through my email at @... Out spectacularly remain anonymous to be pickier focusing on telecommunications stocks lovely wife, Kat Timpf and. Creates financial models for the businesses it analyzes ( MS in computer science did n't name! Flamed out spectacularly telecommunications stocks be pickier Coatue may need to staff up and give talent the environment compensation... He has tied the knot with his lovely wife, Kat Timpf the portfolio founders I with. The moment Tiger Management LLC as a breakout business based on Coatue & # x27 ; s regulatory 13F are... Level and back the biggest beneficiaries as the market develops and matures on! Has not stopped the firm & # x27 ; s research, astute data analysis, hourly... With Coatue 's interest in the technology, media and telecommunications industries York-based fund company! Breakout business based on Coatue & # x27 ; s CEO MIT ( in! Lin, Y Combinator, coatue management research coordinator, and should always do your own research and proprietary insights but it the! Laffont weathered the storm, showing an ability to manage in adverse circumstances, a Wharton... New quant strategy flamed out spectacularly will have played vital roles in each one of his primary for. The kind of job useful in hindsight but frustrating in the technology, media telecommunications... A source said of Mosaic States, it does seem to be pickier Coatue Feb 2023 Present.