Modern tech companies are not managed well at all in my experience! They’re rife with waste. Management often makes terribly unprofitable decisions and often w

Modern tech companies are not managed well at all in my experience! They’re rife with waste. Management often makes terribly unprofitable decisions and often work to protect their slices of the pie rather than the org. Tech companies are saved by their margins, their aura, and low interest rates. Better examples might be grocery stores or other low margin businesses that require some fairly ruthless prioritization (at least that is what I’m to understand) To your care / profitability argument: that is good news! However, I do believe that concern for profitability will always outweigh a care quality argument so there is a misalignment of incentives in that case. I would look to insurers to demonstrate this, generally, but can imagine a PE-owned hospital system might attempt similar measures. Ideal outcome is a great manager that also cares and ends up paying doctors more and providing excellent care while driving down costs using better processes and negotiating with suppliers. But, uh… not sure how often the benevolent PE firm actually shows up historically.