Learn

Interview intelligence, free.

Practitioner-written guides on exactly what PE interviewers test — paper LBOs, technical questions, and returns concepts — with worked examples and the judgment behind the answers.

Paper LBO

Master the modeling test

Paper LBO Practice Problems: 5 Timed Drills with Worked Solutions

Five full practice problems — entry multiples, leverage tweaks, dividend recaps — each with a complete worked solution and what the interviewer scores.

Paper LBO Example: A Full Walkthrough with Answer Key

One deal, worked start to finish: sources & uses, the five-year build, debt paydown, exit, IRR and MoIC — plus how to narrate it in the interview.

How to Do a Paper LBO in 30 Minutes: The Step-by-Step Framework

The 7-step framework, a minute-by-minute time budget, and a full worked example you can replicate on paper — built for the real interview format.

7 Paper LBO Mistakes That Fail Candidates (and How to Fix Each One)

The seven errors interviewers see on every paper LBO — sources & uses slips, debt traps, return math — with the exact fix for each.

Sources and Uses in an LBO: The 5-Minute Explainer

Where the money comes from and where it goes — the accounting identity behind every LBO, explained with a full worked example.

Interview questions

Answer like a practitioner

MOIC vs IRR: Which Matters More, and How to Answer It in a PE Interview

When the two metrics agree, when timing drives them apart, and the exact framework for answering it like someone who’s lived it.

Free · No card · No email

Reading is step one. Reps are step two.

These guides teach the concepts. The free drill makes them reflex: a 30-minute timed paper LBO with a diagnostic answer key.

Get the free drill