Is this a case of: "private equity / venture capital ruins everything"? And relate to that, who exactly (what person) is applying pressure to the company direc

Is this a case of: "private equity / venture capital ruins everything"? And relate to that, who exactly (what person) is applying pressure to the company directors to do this, who is it seeking to benefit, and who exactly is responding with decisions to meet what amount of bar of achievement? What $ is enough, and who is deciding that?