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Are Apollo likely to make money from it?
by mkj 10y ago
Are Apollo likely to make money from it?
- samfisher83 10y agoPE companies usually do. They will just layoff a bunch of people cut salaries and probably saddle it with debt and get as much cash flow they can from the company.
- slantedview 10y ago...and that's if things go as planned, where the result will be a smoldering mess of mediocrity.
- bluetwo 10y agoLayoff the people with know-how, but also hire a bunch of salespeople with lucrative commission plans.
- kregasaurusrex 10y agoPrimarily this. PE firms tend to do a poor job at putting people in charge who know a company's full stack operations, and tend to underpay new non-sales hires which results in a net loss of talent for the company. Do this too often and you become a stagnant company that can't draw in new customers.
- deleted 10y ago[deleted]