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The problem with this theory is that the $50 boot manufacturers sell out to private equity when the founder wants to retire and then the PE firm jacks up the pr
by datadrivenangel 2y ago
The problem with this theory is that the $50 boot manufacturers sell out to private equity when the founder wants to retire and then the PE firm jacks up the price to $75 and drops the quality below the $10 cardboard boots... so you're out even more money to have wet feet.