# 10 Lessons From 10 Years Running Our Own Private Equity Firm

Page: https://stenobird.com/podcast/private-equity-funcast-7888038/10-lessons-from-10-years-running-our-own-private-equity-firm
Text version: https://stenobird.com/podcast/private-equity-funcast-7888038/10-lessons-from-10-years-running-our-own-private-equity-firm.md
Podcast: [Private Equity FunCast](https://stenobird.com/podcast/private-equity-funcast-7888038)
Published: 2026-04-22T09:30:00+00:00
Episode link: https://pefuncast.libsyn.com/10-lessons-from-10-years-running-our-own-private-equity-firm
Audio file: https://traffic.libsyn.com/secure/pefuncast/PEFC_10ThingsWeveLearned_Audio_Final.mp3?dest-id=291498
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JSON: https://stenobird.com/v1/public/podcasts/private-equity-funcast-7888038/episodes/10-lessons-from-10-years-running-our-own-private-equity-firm
Duration seconds: 3735

## Resource

Do operating teams matter? Why is sourcing broken? Are add-ons a strategy or a crutch? What firms have actually "stayed small?" In this episode, Devin and Jim get introspective, reflecting on their biggest lessons to mark the 10-year anniversary of the final close of ParkerGale's first fund. Tell us what you've seen change over the past ten years, and what has stood the test of time.

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## Transcript

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