Private Equity vs Private Ownership
replyThe first is a vampire looking to take what was publicly or even privately owned, extract every last dollar and leave the shell with the debt of buying the next victim.
Private Ownership is Valve or Porkbun - The people running the business want to make a profit but not to their own or their customers determent.
> The first is a vampire
replyI mean not always, but that does happen and that's what you hear about.
Not in the sense that anyone means when they say private equity?
replyYou mean how it's always used post hoc (ie. "ah ha! the company was owned by private equity! you should've known!") or as a generic kneejerk reaction, neither of which has any rigorous criteria for what the "bad" sort of private equity is?
reply> the "bad" sort of private equity
replyPeople mean "acquired by a Private Equity firm". You can learn what one of those is here: https://en.wikipedia.org/wiki/Private_equity_firm
Yeah people generally mean PE investment firms that are in the business of moving around and sucking up companies for short terms and stripping them to squeeze all the money out and then moving on to the next one. Not simply that a company’s equity is privately held, not publicly traded.
replyYes.
replyWhich Private Equity company do you think owns them?
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