There are many good ones. I’ve been a part of 2 portcos. Both improved dramatically for employees and customers

Nov 21, 2024
11:34:13am

WP17 King of the Kenai

Again, you hear about the bad ones. It’s fun to believe that the people getting wealthy from these investments are doing so without providing value and that the system is rigged.

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WP17

Bio page: WP17
Joined: Sep 12, 2016
Last login: Nov 22, 2024
Total posts: 10,987 (920 FO)

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Messages

Author

Time

Prepare for Jersey Mike’s to tank in quality forever

maxpowers

Nov 20, 10:12pm

Darn. I love that place.

Mr. Belding

Nov 20, 10:27pm

I just hope this doesn’t impact my ability to not be selected for their free sub

DieHarder

Nov 20, 10:30pm

I've submitted for that so many times, never won once

Zerigke Ally Zerigke

Nov 20, 10:31pm

I'm convinced a high % of "give aways" never actually give anything away

JuicyJam

Nov 20, 10:48pm

Can confirm I won once maybe out of 30 times I’ve done it?

Rivers Cuomo

Nov 20, 11:30pm

I've heard they only give out 50 free subs.

cougarfan84

Nov 21, 5:49am

As they say “churn and burn”

Powerbait DPM

Nov 20, 10:37pm

This is in fact the exact opposite of what private equity says…

WP17

Nov 21, 12:32am

Dang.

BluebloodOR

Nov 20, 10:39pm

We will all be working for PE soon.

NYCougz

Nov 20, 10:43pm

The good news is, the service can't possibly get any slower.

fredgarvin

Nov 20, 10:43pm

Only in this broken economy do you see a place like this be busy all the time, but still going bankrupt.

AltTabbins

Nov 20, 10:43pm

It looks busy all the time because it takes them 15 minutes to make a sandwich

fredgarvin

Nov 20, 10:44pm

THIS!^^^^^^^^

AzCugrFan

Nov 20, 10:59pm

Private equity is terrible

BYU Sportz Fan

Nov 20, 11:31pm

Can you explain why you think that?

WP17

Nov 21, 12:31am

They think they are the smartest person in the room. So they make a lot of

maYbe

Nov 21, 2:24am

Dominos, Burger King, Weather Channel, Canada Goose, Gymboree, GSM

CBaass

Nov 21, 5:19am

If private equity had no value the free market would have done away with it

nova_coug_fan

Nov 21, 6:10am

The value to the market is to business owners looking for an exit. The PE hits a

maYbe

Nov 21, 6:44am

I’ve been a part of 5 portcos. 4 were home runs for everyone. 1 was a dud and went bankrupt but it’s to be expected with

WDaddy

Nov 21, 7:55am

That's good that you've been a part of some good ones. There are a few

maYbe

Nov 21, 8:41am

There are many good ones. I’ve been a part of 2 portcos. Both improved dramatically for employees and customers

WP17

Nov 21, 11:34am

If someone has more money than me then that is on me. It's not a zero sum

maYbe

Nov 21, 12:58pm

I don’t think this is a good argument.There are plenty of shady industries that

BYU Sportz Fan

Nov 21, 7:49am

I can name literal hundreds. You have availability bias because you only hear about failures.

WP17

Nov 21, 11:32am

To push back a little, the article itself doesn’t say that the findings are

BYU Sportz Fan

Nov 21, 12:56pm

PE slashes innovation. It’s all about making the company as lean as possible

maxpowers

Nov 21, 5:29am

I agree for the tech industry as well as DSOs/health care. They are not good for those industries.

WDaddy

Nov 21, 7:56am

This sounds more like the short termism of public companies than PE.

WP17

Nov 21, 11:35am

I’d recommend trying this experiment: get on Google and search “why private

BYU Sportz Fan

Nov 21, 7:29am

The stats about bankruptcy is super misleading- they’re buying a lot more distressed assets.

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