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?
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?