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by CamperBob2
599 days ago
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The implication, which is well understood, is that the "equity" in "private equity" exists in the form of investments in other companies by the PE business. No reasonable person would agree that ownership of one's own business counts as "private equity." So SpaceX doesn't count at all. SoftBank, being a VC-like business aimed at speculation on new businesses rather than sacking and looting existing ones, is debatable. |
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