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by game_the0ry
612 days ago
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The private equity + consolidation part concerns me too. Bad for the customer and the next gen of small business owners. I would expect those same PE companies to lobby for legislation to make it harder for new start up competitors to start. We are stupid if we let this happen. |
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Another example of the previous generation pulling up the ladder once they've reached the top. Sell the business to Private Equity (who will squeeze both employees and customers), flip everyone the bird, and parachute off to Florida to suck down Pina Coladas for the rest of your life.