Re:Private equity ruins tech companies
by chii on Monday October 07, 2024 @10:56PM
(#41773423)
> PE firm pushing them much faster towards bankruptcy
the PE firm pushing them to do something drastic, but low chance of success, in the hopes of turning the fortunes around.
And there's nothing wrong with that imho - if it was going down, might as well chance a lottery ticket. The people who lose money are the PE investors, who knew the risk coming in.
the PE firm pushing them to do something drastic, but low chance of success, in the hopes of turning the fortunes around.
And there's nothing wrong with that imho - if it was going down, might as well chance a lottery ticket. The people who lose money are the PE investors, who knew the risk coming in.