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by nick__m 625 days ago
The title could be generalized to "Private equity firms ruins companies"
2 comments

I haven't been to the dentist in 4 years and I'm hell-bent on finding one that is not part of PE or any type of corporate ownership. I'm prepared to drive to rural areas or hours away because I will not trust that their incentives are aligned with mine.
Is there an easy way to discover whether or not a given business is owned by PE?
Can you contact ownership? If not, then yes.
Tech seems to accelerate the decline though, without the inertia of physical stores or plants to slow things down.
Some of their argument:

" ... owners focus on aggressive cost-cutting and “streamlining” operations to boost short-term profitability. This is extremely destructive, leading to mass layoffs, reduced benefits, and wholesale outsourcing. "

could just as easily be used to claim "tech companies ruin tech companies."

Paul Virilio has been saying that for years