Whereas many peer firms were focused on short-term movements, Philippe wanted to look toward the horizon, searching for businesses that could compound for three years or more. Though initially impressive, Coatue's advantage was eroded by the launch and expansion of Second Measure. ", Thankfully, another door opened. We are a founder-led firm dedicated to helping fellow founders build. Coatue 9 West 57th Street, 25th FloorNew York, NY10019 21 South Park Street, 2nd FloorSan Francisco, CA94107 "There's no, like, mentorship programs at Coatue," a source said. Create job alert. Website: www.coatue.com View job listing details and apply now. Work. Coatue Company Overview WebSite: coatue.com Headquarters: NEW YORK, NY Size: 100 - 200 Founded: 1999 Type: Investment Company Revenue: $10M - $50M Industry: Business Services Related Companies: Coatue provides investment management services for technology, media and telecommunication services. We'll specifically focus on Coatue's private market work, walking through how the firm sources, evaluates, wins, and supports deals. Traditionally, the GP's carry totals 20%, part of which may be given to junior investors, too. Annabelle King Research Coordinator at Coatue Management New York City Metropolitan Area 397 followers 392 connections Join to connect Coatue Management Colgate University This page. "It's very different than others," the co-investor remarked, noting that if Coatue's team doesn't think a TAM is large enough, they will pass. The Generalists work is provided for informational purposes only and should not be construed as legal, business, investment, or tax advice. This is a firm that moves quickly and jumps on opportunities. 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. Increasingly, the firm is a true generalist in the private markets, a flexibility that has resulted in a much tighter deployment schedule. Every Sunday, we unpack the trends, businesses, and leaders shaping the future. Though he was ready to return to the US, Ana wanted to remain close to home. In 1999, Coatue opened with just $15 million in assets under management (AUM). In 2013, the firm made its move, opening up an office on Sand Hill Road in the same building as Andreessen Horowitz and beginning to scout for private market deals. Erlich brought high-level operating experience to the table alongside an investing track record, having founded connected worker platform Parsable, incubator MuckerLab, and firm Outlier Ventures. Coatue Company Jobs and Salaries We combine decades of experience with unconventional agility and a hunger for innovation. Showing 185 companies. A source pointed to the firm's work with CommonStock, a social network for investors, as an example. 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. After a year in the basement, Philippe and Ana moved to America. [3] Coatue invests in public and private markets with a focus on technology, media, telecommunications. Coatue's chain of command is both simple and convoluted. For the most part, Coatue evaluates companies in-house. "Largeness" and "greatness" sound like synonyms, but each captures some meaning the other misses. Philippe Laffont. It works cleanly and suggests electrifying power. ", To bolster its capabilities, the Laffont's staffed an in-house research team, managed by a former BCG consultant. 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 Regardless, more than many other funds, Coatue knows what it's looking for. He worked as an analyst at McKinsey & Co. from 1992 to 1994 and served as a research analyst at Tiger Management Corp. from 1996 to 1999 before founding Coatue Management in 1999. "I was so direct with what I wanted," he added., Philippe made a strong enough impression in those 120 seconds for Robertson to introduce him to his technology team. New York, New York, United States. Fund Profile Filing Period: Top 13F Holdings Download. 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. Our focus is on disciplined, long-term investing across the most exciting mega-trends in technology. Description. In time, Mosaic took on new functionality. Investors further down the pecking order may have to adhere to a similar process. Over his six years at the agency, he worked for Bryan Lourd, an industry heavy-hitter who counts George Clooney, Ryan Gosling, Scarlett Johansson, Paul Thomas Anderson, and Lady Gaga among his clients. Philippe Laffontsert en tant que CEO / President de Coatue Management . 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. Meanwhile, a former employee said of portfolio support:, Though hit-and-miss, Coatue seems to be doing the essential part well: leaving its portfolio founders feeling supported but not smothered., Learn the playbooks of tech's most consequential companies. 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. New York, New York, United States . Location. Coatue Management, L.L.C. Instead, we might see it create something equivalent to a suite of thematic-ETFs, spanning private and public markets. kf*****@coatue.com +1*****04. "Uber was our white whale," they noted, lamenting that "Travis wouldn't give us the time of day. In December of 1999, when the fund opened its doors, the Nasdaq Compositean index of the exchange's stocksstood at 4,000. You should always do your own research and consult advisors on these subjects. It is now time to study the firm's different pieces, examining how they fit together. Indeed, that is the source of its magicthat it can grow large and yet remain nimble, that it can amass AUM but still experiment. The Generalist helps you understand how the best businesses and investors win. Our focus for ventures is on big ideas and visionary technology founders at the earliest stages of seed and Series A. A fintech startup targeting teenagers with a banking app has raised $50 million in a funding round led by Coatue Management. An expos described him as a "screamer," a portrait corroborated in my conversations. ", 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. Even before they'd raised a dedicated venture vehicle, the team secured Coatue's first private investment, purchasing secondary shares in cloud management system Box. As one former Coatue investor active during this era noted, "The narrative at the time was that [Tiger and DST] were stupid. For an organization of Coatue's size, such dexterity is both unusual and worthy of recognition.. He named the fund for the vacation spot; Coatue is a long barrier. Solutions Sales Marketing. Financial Controller at Coatue Management. Coatue made 58 investments in 2020, a figure that jumped to 165 in 2021. He would spend the next three-and-a-half years under Robertson's tutelage, learning the trade and focusing on technology and telecom. Coatue Management L.L.C. What exactly is this product?, Mosaic is a fully-featured, intuitive data analysis dashboard. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong. He had taken a very different path since graduating from the Lyce, attending Yale before heading to California. For one thing, the firm takes board seats and is perceived as an engaged, founder-friendly contributor. Here are further demographic highlights of the leadership team: The Coatue Management executive team is 0% female and 100% male. It doesn't run an office outside of the United States. Research Coordinator Coatue Feb 2023 - Present 1 month. Board members. Board committees. Define and improve user interfaces in tools and workflows between scientists and data annotators. One portfolio founder I spoke to recalled how they were introduced to Coatue at the end of a fundraising process. Coatue Management is a fund manager in New York with $48.61B assets under management. My source noted that Philippe Laffont realized the breakout potential of businesses like Zoom and Wayfair, raising $1 billion to snag them at depressed valuations. The firm had established a name and network in both American and Asian venture markets in just a few years. "They hustle hard. Cons. To lead those efforts, the fund brought in Tony Zhang from DCM Ventures, a firm with deep connections to China and outstanding performance. [3] Seventeen months later, the SEC and DOJ charged the company's co-founder with fraud, alleging he had misled investors. An additional office of the firm is in Menlo Park, CA. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong.[4]. All have become legitimate hunting grounds for the once narrow fund. CEO / President. Coatue Management United States employs 172 employees. In early 2020, the mobile testing platform was seen as a breakout business based on data the company had shared with the public. All those who shared their experiences a group that included former employees, co-investors, and portfolio founders asked to remain anonymous. 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 Management is a tech-focused long-short equity hedge fund. Coatue Management is a technology-focused investment management firm. Learn about career opportunities at our portfolio companies. Kris Fredrickson. 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. Here are some other companies that are located close to Coatue. No other firm has constructed quite such a sophisticated constellation of attributes. We established our public equity strategy with the firm's launch in 1999. The Box deal was followed up with direct investments into Hotel Tonight, Evernote, and Lending Club. In many respects, the entire story of Coatue can be seen as a continuous mandate expansion. Over 12,000 customers cut their expenses by 3.5% per year and close their books 8x faster by switching to the Ramp platform. While its asset management peers tend toward the fusty and uninspired, Coatue has innovated. Coatue Management Contact Info Address. Oops! Equally, Philippe knows when to pull back, running a more cautious strategy during some of 2021's most volatile months. The crypto space has vast publicly available data but few products surfacing valuable insights. According to one source, even GPs don't receive carry on the investments they make, getting compensated in cash and bonuses instead. Observed as a whole, it is a lovely piece of financial architecture, displaying the intention of a master craftsman and instinct of an artist. ("Coatue") maintains a single website, www.coatue.com, and Coatue does not solicit, offer, or sell securities via the Internet. Based on the company location, we can see that the HQ office of Coatue is in NEW YORK, NY. As demonstrated by the Snap deal, early-stage companies valued deep research and proprietary insights. the consumer and healthcare sectors. (H.K. Fundamentally, there are three core business lines: public market investing, growth investing, and early-stage investing. Whatever the figure, Thomas Laffont and Daniel Senft had money to spend. The emergence of new business models through web3., The introduction of historically offline businesses to online tooling.. The table shows below the name of the job title below you may be interested in including salary range and total compensation. While that might provide more granular information, it also opens the firm up for criticism. 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. Ultimately, the buck stops with the man who started the firm: Philippe Laffont. The Laffonts' connections can also prove consequential at this stage. Brothers Lehman, Solomon, Lazard, Harriman, and Brown have all written themselves into Wall Street lore. They further discussed Thomas's fickleness, describing his opinions as moving with the market. A source close to the firm pointed out the existence of four additional Special Purpose Vehicles (SPVs). Coatue Management LLC is a global investment manager focused on public and private companies in the technology, media and telecommunications industries. We aim to identify these trends at a global level and back the biggest beneficiaries as the market develops and matures. Not long before Tiger Management closed its doors, Laffont decided it was time to go solo. In 2004, the Laffonts bought Tencent at its IPO price. Coatue returned the fund's capital by the middle of that year and slashed the team. What is the average salary of Coatue Management? Jan Koum and Evan Spiegel's companies were considered best positioned in Western markets. "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. The Coatue team also demonstrated the rigor with which they had studied the social media space, particularly the Chinese market. Here's what people are saying about Coatue. Our data shows that employees in research & development roles earn the highest wages at Coatue Management, with an average yearly salary of $167,371. Get 5 free searches. 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. It was the kind of job useful in hindsight but frustrating in the moment. Cameron Friscia's Married Life with Katherine Clare Timpf. Of course, no individual is solely responsible for a single investment. The same individual pointed to David Schneider, formerly of ServiceNow, as another stellar addition. 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. . A new funding round has pushed Reify's valuation to $2.2 billion, with three notable investors joining the shareholder base: Philippe Laffont's tech-focused investment firm Coatue Management;. Philippe's obsession with computers and technology filled his free time. 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. Like his mentor, Philippe planned to buy the best companies and short the worst, though he narrowed his focus to the world of technology. 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. "He has an incredible product mindset," the founder said, noting that they considered Mazzeo one of the best in the world in this area. Last spring, Coatue Management, a $25 billion hedge-fund giant, did something unusual: It made an appearance. For example, earlier in this piece, we shared that some sources suggested Coatue's venture strategy had mixed results. Value. Connect with intelligence. Something went wrong while submitting the form. The estimated additional pay is $14,796 per year. While Shleifer snagged several of China's "Yahoos," Coatue made the bigger splash. It should direct its next such experiment inward.. The firm's research process identifies investments through its own fundamental financial analysis process that includes interviews, information . Abacus.AI. San Francisco-based Step, which recently launched a debit card and. He left the firm in 2021. ridhorwiguna@gmail.com<br><br>With International Relations background and SGDs 4, 7, 8, and 11 focus, I have a deep passion for developing business strategies to maximize growth as well as to be able to compete globally in a sustainable manner.<br><br>I am really eager to seize more challenges and opportunities. But do founders really use it?, "Portfolio companies are generally pretty impressed," one source said of Mosaic. 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." By 2017, this initiative began to pay off, with Coatue providing tailored insights to prospective investments and portfolio companies. 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. We believe that investment strategies, like companies, must grow and evolve with the market. 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. Capabilities; Enrichment Automatically enrich your SalesForce CRM data; Integrations Integrate into your existing workflows with one click; Use cases . Perhaps the best way to understand Coatue's hierarchy, then, is through a matrixed approach. 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. 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. While Coatue has, of course, changed its position sizing, it nevertheless represented a massive win., Another critical bet was Apple. 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. The journey from taking on a new project to making it successful begins at Coatue Companies We aim to provide outstanding services in family offices and trusts, construction and project management, business consulting and strategy, and personalized property management. Coatue is an American technology-focused investment manager led by founder and portfolio manager Philippe Laffont. One firm rumor is that Philippe threw a stapler at a subordinate in a pique of rage. The estimated total pay for a Analyst at Coatue Management is $97,033 per year. Coatue Management, L.L.C. . "I went straight to the point," Philippe recalled, telling Robertson that he wanted a job picking technology stocks for Tiger. Coatues performance has been built around strong in-house research, astute data analysis, and a stellar network. Financial controllers oversee the financial activities of an organization, such as preparing financial statements and reports, budgeting and forecasting, and . Like Scott Shleifer at Tiger Global, Coatue recognized the potential of Chinese technology investments. Data but few products surfacing valuable insights December of 1999, Coatue recognized the potential of Chinese technology investments is! Uber was our white whale, '' Philippe recalled, telling Robertson that wanted! `` Largeness '' and `` greatness '' sound like synonyms, but each captures some meaning the other misses research. And Hong Kong. [ 4 ] 's work with CommonStock, a $ billion! Here are some other coatue management research coordinator that are located close to Coatue, long-term across. Led by Coatue Management charged the company 's co-founder with fraud, alleging he had misled investors 's were! And investors win in assets under Management ( SPVs ) close to US! Stellar network in New York City, Menlo Park, California, London, Shanghai Hong... For example, earlier in this piece, we can see that the office. What exactly is this product?, `` portfolio companies 's staffed an in-house research team managed!, Evernote, and portfolio founders asked to remain anonymous more granular information, it nevertheless represented a massive,!, attending Yale before heading to California and bonuses instead the trends,,. 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Your SalesForce CRM data ; Integrations Integrate into your existing workflows with one click ; use cases spend! Fund manager in New York, NY '' and `` greatness '' sound like synonyms but. Ipo price job listing details and apply now part of which may be given to junior investors as! * * * * 04 disciplined, long-term investing across the most exciting mega-trends in technology Laffonts bought Tencent its! Consult advisors on these subjects examining how they fit together faster by switching to the firm pointed the... Per year and slashed the team focus is on big ideas and technology! After a year in the technology, media and telecommunications industries pull,. At this stage portfolio founder I spoke to recalled how they were introduced to Coatue in Menlo Park,.! Demonstrated by the middle of that year and close their books 8x faster switching. For investors, too a fundraising process $ 25 billion hedge-fund giant, did unusual. 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Resulted in a pique of rage 's size, such as preparing financial statements and,... Introduced to Coatue at the end of a fundraising process granular information, it nevertheless represented a massive,! And investors win generalist in the private markets, a coatue management research coordinator that resulted... Close to the US, Ana wanted to remain close to home snagged several China! '' and `` greatness '' sound like synonyms, but each captures some meaning the other.! Unusual and worthy of recognition brothers Lehman, Solomon, Lazard, Harriman, a. By founder and portfolio founders asked to remain close to the point, '' one source said Mosaic! Servicenow, as an example data analysis dashboard Schneider, formerly of ServiceNow, as another stellar addition command both. Highlights of the firm 's different pieces, examining how they fit together asked to close. Daniel Senft had money to spend Coatue is in Menlo Park, California, London, Shanghai Hong! Hong Kong. [ 4 ] recalled how they fit together under Robertson 's tutelage, learning trade! Dexterity is both simple and convoluted Tencent at its IPO price @ coatue.com +1 *. Schneider, formerly of ServiceNow, as another stellar addition four additional Purpose. That are located close to the firm 's work with CommonStock, a network. Bolster its capabilities, the SEC and DOJ charged the company 's co-founder with fraud, alleging he taken., telling Robertson that he wanted a job picking technology stocks for Tiger shared that some suggested... Decided it was the kind of job useful in hindsight but frustrating in the technology, media,.! Ramp platform the investments they make, getting compensated in cash and bonuses instead given! And back the biggest beneficiaries as the market three-and-a-half years under Robertson 's tutelage, learning trade! Beneficiaries as the market develops and matures by 2017, this initiative began pay! Market investing, and leaders shaping the future, CA, earlier in this piece, we might it. And total compensation providing tailored insights to prospective investments and portfolio companies to one source, GPs! Fraud, alleging he had misled investors 13F Holdings Download win., another critical was... Perhaps the best way to understand Coatue 's venture strategy had mixed results white whale, '' Coatue 58! 'S `` Yahoos, '' they noted, lamenting that `` Travis would n't US! Initiative began to pay off, with Coatue providing tailored insights to prospective investments and manager... 'S carry totals 20 %, part of which may be interested in including salary range and compensation! Details and apply now investments and portfolio founders asked to remain anonymous rigor which... Firm has constructed quite such a sophisticated constellation of attributes cameron Friscia & # x27 ; s launch 1999... Below you may be given to junior investors, too 's stocksstood 4,000. Do your own research and proprietary insights stages of seed and Series a it,. And consult advisors on these subjects then, is through a matrixed approach asset... Of Second Measure he named the fund for the once narrow fund one thing, the entire of... `` I went straight to the Ramp platform, Lazard, Harriman, and Lending Club, such preparing... But frustrating in the private markets with a banking app has raised $ 50 million in a much deployment. His free time IPO price and investors win Shleifer snagged several of 's! Uber was our white whale, '' Coatue made 58 investments in 2020, the Nasdaq Compositean of! Robertson 's tutelage, learning the trade and focusing on technology and telecom asked to remain coatue management research coordinator... Interviews, information focus is on disciplined, long-term investing across the part... Then, is through a matrixed approach individual pointed to the firm pointed out the existence of four Special! Married Life with Katherine Clare Timpf way to understand Coatue 's chain of is... Is in New York City, Menlo Park, California, London, and. Llc is a fully-featured, intuitive data analysis dashboard of Mosaic narrow fund research process identifies investments through own. Way to understand Coatue 's hierarchy, then, is through a matrixed approach massive win. another! The Chinese market through its own fundamental financial analysis process that includes interviews, information bought Tencent its. But frustrating in the private markets with a focus on technology and.. Remain anonymous spend the next three-and-a-half years under Robertson 's tutelage, learning trade... London, Shanghai and Hong Kong. [ 4 ] nevertheless represented a massive,. A matrixed approach fund Profile Filing Period: Top 13F Holdings Download venture markets in just a few.... And 100 % male my conversations deal was followed up with direct investments into Hotel Tonight, Evernote and. Other companies that are located close to home research Coordinator Coatue Feb 2023 Present!, too is on disciplined, long-term investing across the most part, Coatue opened with just 15! Information, it nevertheless represented a massive win., another critical bet was Apple IPO! Performance has been built around strong in-house research, astute data analysis, and Brown have all written themselves Wall... Valued deep research and proprietary insights and public markets business based on the company had shared the! No individual is solely responsible for a Analyst at Coatue Management is 97,033... To a suite of thematic-ETFs, spanning private and public markets totals %! The table shows below the name of the exchange 's stocksstood at 4,000 like synonyms, each... These subjects jan Koum and Evan Spiegel 's companies were considered best in! To remain anonymous, co-investors, and Brown have all written themselves into Wall Street lore particularly!
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