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5/ one of causes is unprecedented long period of low rates, not just bc of low int payments at the company but investors looking for yield
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4/ this is why PE has historically invested in waste management, auto parts, storage pod, and other boring but hugely cash gen businesses
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3/ btw the actual answer is a lot of people - private equity investors, banks who underwrote debt, rating agencies, debt investors...
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2/ Can't really be surprised now that the company is struggling to make the interest on the $2bn of debt that was put on the biz...
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1/ Who the heck thought an LBO of J.Crew was a good idea? Cyclical product, industry being disrupted by tech, declining margins...
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Number of times I've heard "I love
@sweetgreen could eat here every day" during lunch: 5.
I also eat here every day. #recurringrevenueThanks. Twitter will use this to make your timeline better. Undo -
I get asked to confirm my email every time I try to log into
@cheddar. Not sure if this is widespread but annoying for customer experience.Thanks. Twitter will use this to make your timeline better. Undo -
I get a new ad in the mail from
@verizonfios every day. Not to mention they're still trying to make bundling happen
#sofetch#cordcutterThanks. Twitter will use this to make your timeline better. Undo -
Ooh although integration with apple podcasts is a nice to have - my
@amazonecho can only play NPR / planet money
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Siri is just not that good though so it's hard for me to get excited about HomePod.
#wwdc2017Thanks. Twitter will use this to make your timeline better. Undo -
Julie Xu Retweeted
Man who mowed lawn with tornado behind him says he 'was keeping an eye on it' http://ift.tt/2rTyr1A pic.twitter.com/phqKM4e0nx
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If you think about it, bookshelves are either super poorly designed or used. Should not have to crane my neck 90 degrees to read book titles
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Good for her - who doesn't love pizza?
@PapaJohns should give get some kind of sponsorship deal
https://twitter.com/justcarolina22/status/861989092623601664 …
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today i bought an $8 bacon egg & cheese in brooklyn. it came in thick printed sandwich paper and tasted of disappointment and regret.
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Julie Xu Retweeted
I spoke to John Edgar of
@staehere about "city-as-a-service"—getting cities to value open data#opensourcehttp://bit.ly/2qWiHKbThanks. Twitter will use this to make your timeline better. Undo -
TIL from
@neeeeeelyt Oreos are vegan. Aka literally no dairy in that creamy filling
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Julie Xu RetweetedThanks. Twitter will use this to make your timeline better. Undo
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I fundamentally hate headlines that say "so-and-so has joined the unicorn club" *cue eyeroll*
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Julie Xu RetweetedThanks. Twitter will use this to make your timeline better. Undo
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Currently reading Evicted by
@just_shelter and it's making me feel super shitty about America and how we treat people who need help
https://twitter.com/just_shelter/status/694180608336076800 …Thanks. Twitter will use this to make your timeline better. Undo
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all things finance, tech, investing. currently in nyc. previously 