4 ms·

A Horror Story: How Private Equity Vampires Are Killing Everything

23 points by howard941 7y ago

samirillian 7y ago
Great podcast episode on the Deadspin thing and its relation to private equity. https://soundcloud.com/chapo-trap-house/364-human-deadspinality-project-feat-david-roth-11419 https://soundcloud.com/chapo-trap-house/364-human-deadspinal...
mac01021 7y ago
This was too full of rambling about actual vampires (hungarian legends and the like) and about the poor fashion sense of the newly rich, that you'll have to read at great length and with great focus in order to figure out if the article contains anything substantive about current events or current socioeconomic phenomena. That's something I'm not willing to do.
- ksynwa 7y ago
  That's only the first two paragraphs if you'd like to skip it.
fulafel 7y ago
As a non-native speaker the word equity has always been a little puzzling. According to the first meanings defined by dictionary.com this article might be about characteristically private but virtuous vampires: "noun, plural eq·ui·ties. (1) the quality of being fair or impartial; fairness; impartiality: the equity of Solomon. (2) something that is fair and just: the equities of our criminal-justice system."
- chongli 7y ago
  Equity in the private equity sense refers to the financial term equity [1]. It should be contrasted with public equity, which is equity that is listed on an index which allows it to be purchased on the open market. [1] Definition of equity 2a : the money value of a property or of an interest in a property in excess of claims or liens against it b : the common stock of a corporation c : a risk interest or ownership right in property d : a right, claim, or interest existing or valid in equity
RandomInteger4 7y ago
So private equity buys a sports publication and see that they're not publishing anything related to sports, so they tell them "hey, please publish sports related articles" whereby the staff whines, quits, and is replaced? And this is a bad thing, how?
- strangecasts 7y ago
  "[...] According to [Deadspin's] analytics department, since the start of the year, non-sports posts have on average double the traffic of sports posts." - https://twitter.com/barry/status/1189942493355347973 https://twitter.com/barry/status/1189942493355347973
- cbnotfromthere 7y ago
  Debating neo-marxists is futile.

23 points by howard941 7y ago

Great podcast episode on the Deadspin thing and its relation to private equity. https://soundcloud.com/chapo-trap-house/364-human-deadspinality-project-feat-david-roth-11419 https://soundcloud.com/chapo-trap-house/364-human-deadspinal...

mac01021 7y ago

This was too full of rambling about actual vampires (hungarian legends and the like) and about the poor fashion sense of the newly rich, that you'll have to read at great length and with great focus in order to figure out if the article contains anything substantive about current events or current socioeconomic phenomena. That's something I'm not willing to do.

ksynwa 7y ago
That's only the first two paragraphs if you'd like to skip it.

fulafel 7y ago

As a non-native speaker the word equity has always been a little puzzling. According to the first meanings defined by dictionary.com this article might be about characteristically private but virtuous vampires: "noun, plural eq·ui·ties. (1) the quality of being fair or impartial; fairness; impartiality: the equity of Solomon. (2) something that is fair and just: the equities of our criminal-justice system."

chongli 7y ago
Equity in the private equity sense refers to the financial term equity [1]. It should be contrasted with public equity, which is equity that is listed on an index which allows it to be purchased on the open market. [1] Definition of equity 2a : the money value of a property or of an interest in a property in excess of claims or liens against it b : the common stock of a corporation c : a risk interest or ownership right in property d : a right, claim, or interest existing or valid in equity

RandomInteger4 7y ago

So private equity buys a sports publication and see that they're not publishing anything related to sports, so they tell them "hey, please publish sports related articles" whereby the staff whines, quits, and is replaced? And this is a bad thing, how?

strangecasts 7y ago
"[...] According to [Deadspin's] analytics department, since the start of the year, non-sports posts have on average double the traffic of sports posts." - https://twitter.com/barry/status/1189942493355347973 https://twitter.com/barry/status/1189942493355347973
cbnotfromthere 7y ago
Debating neo-marxists is futile.