Re:Vista Equity writes off PluralSight value, after $3.5B bu...
by nradov on Friday May 31, 2024 @01:50PM
(#40538197)
What? Are you saying that you think there needs to be some kind of post-mortem because the investors might end up paying less income tax then they would have in some unlikely alternate reality where the deal was a success? That doesn't make any sense at all.
[ Parent
| on HN ]
Re:Vista Equity writes off PluralSight value, after $3.5B bu...
by glennpratt on Friday May 31, 2024 @03:40PM
(#40539384)
I'm not GP, but perhaps something like the following would be a reason (investigation might be a more accurate term than post-mortem in that case).
>In October 2020, Vista's CEO Robert F. Smith and investor Robert T. Brockman were named in a tax evasion case.[33][34] That month, Smith signed a non-prosecution agreement with the IRS, agreeing to pay $139 million and testify against Brockman.[33]
https://en.wikipedia.org/wiki/Vista_Equity_Partners#Tax_evas...