Had never thought of it that way but you’re totally right. And it’s kind of brilliant.
Most voters don’t have a clue what private equity is or does. This message is designed to get support from journalists, who despise PE for harvesting organs from local newspapers for a few bucks while they’re on life support because they can’t figure out how to build websites.https://twitter.com/ewarren/status/1193706934542700546 …
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Yep, great strategy.
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Completely agree wth you there. But the PE model focused on turning around the company (largely from an operational standpoint - cutting costs, layoffs and such) still deserves a discussion. Wouldn’t you say?
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No. Sometimes owners need liquidity, sometimes companies need turning around. If neither needs existed, private equity wouldn’t exist.
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Disagree. Private equity cos own a huge chunk of the American economy and as such their employees have seen how they operate (good and bad). A lot more people know what it is than you're giving credit for.
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They would be dismayed to know that without it there would have been no
@PopeyesChicken sandwichhttps://themargins.substack.com/p/popeyes-and-private-equity …Thanks. Twitter will use this to make your timeline better. UndoUndo
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Holy shit that’s a cynical take
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What do you mean by local newspapers? I don't know 1st hand but was told some time ago by someone doing quite well after starting a local Korean language paper that "local" newspapers were doing fine. That nation print was not, but people like to read about their community.
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She's talking about vulture capitalists, not SoftBank deciding to give everyone in the USA slightly cheaper Uber rides.
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