3 ms·
You're being unfairly downvoted, because it's a good question, but I understand why people are so abhorrent to private equity. Private equity has a reputation
by alex_young 6y ago
You're being unfairly downvoted, because it's a good question, but I understand why people are so abhorrent to private equity.
Private equity has a reputation of splitting up companies, firing tons of people, and then selling the parts to the highest bidder, often while taking advantage of a reputation which is based on social capital the brand built before being acquired.
Some will say this is a good thing since the company was often failing in the first place, but there are plenty of counter examples where the only motivating factor in the move to PE is greed.
Greed isn't always good, even in the context of the boardroom.