I mean, books have been written about PE, LBOs, raiders, and financial vampires for more than 30 years. Movies have been made. It’s literally one of the most e

I mean, books have been written about PE, LBOs, raiders, and financial vampires for more than 30 years. Movies have been made. It’s literally one of the most enduring financial stories of the last 35 years. The only thing that has changed is that PE has managed to take some cues from VCs and mount a PR campaign aimed at techies and other new-money types to make it seem like the industry isn’t as vulturistic as it has always been. And techies and new-money investors believe them. Because it’s easy to believe the wolf until he kills you or leaves you for dead.