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There are a few key differences. PE tries not to massively overpay, it'll put more effort into targeted layoffs, and it'll maintain enough of a "business as usu
by dehrmann 4y ago
There are a few key differences. PE tries not to massively overpay, it'll put more effort into targeted layoffs, and it'll maintain enough of a "business as usual" posture to not scare away advertisers. Edit: they also put in a CEO whose full-time job is being CEO of that company.
But yes, this is very bad execution of the PE playbook.
- midoridensha 4y agoElon thinks he's brilliant at everything he tries his hand at, so he thought he'd jump into the private-equity arena and show everyone how brilliant he is.