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In human med, bringing in an org to handle administration for your clinic is something like 15% equity. In PE that claims to not be PE for vet med, they want 6
by NegativeK 2y ago
In human med, bringing in an org to handle administration for your clinic is something like 15% equity.
In PE that claims to not be PE for vet med, they want 65%. And for you to front 35% of the opening costs, naturally. For which they'll give you a loan for.
So I disagree. PE is a cancer.
- ryandrake 2y agoAlso: Shouldn't "handling administration" just be a job for some employees? Why does it require a different ownership structure? Why can't Dr. Jones just hire some business school graduates to do the boring business administration and regulatory compliance stuff while he keeps ownership of his practice?
- withinboredom 2y agoBecause then Jones also needs to hire an office manager and HR unless they also want to do those things too.