4 ms·
Private equity has mastered this formula in the last decade. Throw as many unrelated businesses that you can buy for pennies on the dollar into a basket. Claim
by ertgbnm 2y ago
Private equity has mastered this formula in the last decade.
Throw as many unrelated businesses that you can buy for pennies on the dollar into a basket. Claim it is now diversified. Decrease expenses by allowing all of your good employees to run for the hills screaming while not replacing them. Post one year of record profits by sacrificing quality in the name of quantity. Re-capitalize in order to generate a massive return. And then rinse and repeat on your next victims, I mean ventures.