[sbarre]

Isn't a PE firm going public just an admission of failure, and an attempt to make their private investors whole on the public market's back?

[alephnerd]

BendingSpoons isn't a PE fund. It's just loose terminology that has become rife on HN like the misuse of "VCs".

[Grombobulous]

Right, if we get really literal about it, Private Equity can really just mean “any private entity’s money.”