News for hackers. Stuff that matters.
Re:Lambda School leaked documents show poor performance over... by webmaven on Tuesday October 26, 2021 @12:43AM (#28996477)
Too many companies end up in a leveraged buyout by PE that is ultimately based not on unprofitability, but just insufficient profitability to satisfy shareholders (some of which are buying in just to force the issue and then unload the stock before the bill comes due for the short-term thinking).
Re:Lambda School leaked documents show poor performance over... by eru on Tuesday October 26, 2021 @03:00AM (#28997243)
Eh, that's fine, I guess?

Bob founds a company that makes widgets. Bob sells the company to a PE company. The PE company runs the company into the ground. That opens a gap in the market for (a new) Bob to open a new company that makes widgets.

If shareholders or private equity or private equity's debtors are willing to subsidise Bob this way, who are we to complain?