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load up the company with debt, and let it plummet into the ground, which is why Bain has both the name and reputation of a Batman supervillain. I agree, but I‘
by goatinaboat 6y ago
load up the company with debt, and let it plummet into the ground, which is why Bain has both the name and reputation of a Batman supervillain.
I agree, but I‘ve never understood who the creditors are in this scenario. Why would you lend to a company when you know the VCs are going to trash it?