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by labradore 2379 days ago
For what it's worth, ConnectWise is also owned by private equity (Thoma Bravo). TB seems to be supporting the growth of the company.
2 comments

My current employer was formerly owned by Thoma Bravo. They "supported growth" on the surface. Under that veneer was really juicing up the company to make us more attractive for their exit - short term decisions that have resulted in a lot of employee burnout and have put us in a bad place under our new ownership.

I hope to not have to work for a PE-owned company in the future, as their goals (to position for their exit, usually 3-5 years after initial purchase) often result in short-term oriented choices that hurt a company's long term potential

So the quarterly goals of public companies are better? Many companies sell to sponsors in order to be able to make long term strategic decisions.
> TB seems to be supporting the growth of the company.

PE "support growth" for forcing loans on the company with expectation they'll be paid back, which makes the company operate very differently than a VC-backed growth startup.