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A comment on The Fishy Death of Red Lobster. Parent comment

Re:The Fishy Death of Red Lobster by dmurray on Thursday May 02, 2024 @04:06AM (#40233823)
Maybe Dell? Not exactly a consumer darling, but certainly a successful story for a PE LBO.

There was a side plot of "PE partners with charismatic former founder", but the main story was PE cost-cutting, layoffs and loading the company up with debt.

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Re:The Fishy Death of Red Lobster by mrguyorama on Thursday May 02, 2024 @01:57PM (#40239277)
That has more to do with Silverlake capital preferring steady, regular cash flows. They like to buy up and hold and just run things like a normal business, no MBA shenanigans.
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