3 ms·
> He said they want to be too big to fail, merge and get bailouts and handouts like sports get That is observation I can agree with. Same can be said with fina
by game_the0ry 3y ago
> He said they want to be too big to fail, merge and get bailouts and handouts like sports get
That is observation I can agree with. Same can be said with finance and airlines - both business models cant stand on their own with out help from the tax payer.
> But no deals emerged, leading some investors to conclude there is little appetite among private equity or tech companies for acquiring legacy businesses.
Probably also a product of increasing interest rates - risky investors (PE, VC, etc) can't pencil deals, the economics no longer work.
- graphe 3y agoThat's a good point about airlines and finance, they can't afford to fly so they tried to expand and now it makes most of their income, pilots aren't paid much either. Samsung is probably the finest example of these corporations, it pretty much owns the government with the power it holds along with the other chaeobols.