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Last fall I bought a bicycle from the Kona bicycle company. I found out a week ago that Kona hed been bought by private equity in 2022 at peak pandemic bike sho
by Fricken 2y ago
Last fall I bought a bicycle from the Kona bicycle company. I found out a week ago that Kona hed been bought by private equity in 2022 at peak pandemic bike shortage and is now being sold off for parts. It seems everywhere I turn these days I encounter some other perfectly viable, useful business getting ruinated by private equity.