alt Hacker NewsUsually companies that have a fantastic, growing business model don’t sell to PE.
I also don’t like it when a money-losing business stops giving me below-market pricing.
Usually companies that have a fantastic, growing business model don’t sell to PE.
I also don’t like it when a money-losing business stops giving me below-market pricing.
- Phone subscriptions is a price competitive market in most places, not some growth-hacking industry.
- Not every business has a growth story. Not every business needs a growth story.
PE can offer a business owner more than they expect it to make by:
- being ignorant about the business (Which we are seeing repeatedly)
- intend to run it hot to juice the numbers and resell it for their profit.