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Episode Description:

Terry Thompson is the Chief Operating Officer of Berkshire Partners, Boston-based private equity firm started in the 1980s before adding public equity capabilities in 2007.

Terry shares how his background across 8 different industries helped him land the role at Berkshire. We talk about how to quickly transition into a new industry, how to assess a career opportunity with limited information, and building rapport with long-tenured team members.

We cover Berkshire’s unique governance structure that focuses on stewardship, communication and transparency using a “team of teams” approach.  We turn to his thoughts on industry trends with regulations, fundraising and what people doing right now with AI.

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All opinions expressed by Ted and podcast guests are solely their own opinions and do not reflect the opinion of the firms they represent. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.