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<blockquote data-quote="slugboy" data-source="post: 1164753" data-attributes="member: 282">I know multiple people who were C-level execs or above on companies bought by private equity. Every one of them told a personal story of watching a company gutted and left much weaker after several years of PE investment. The house always wins, and the PE firms are the house. There’s a reason you can’t find a ToysRUs, Joann, Big Lots, Sports Authority, or Payless shoe store any more. InstantPot was something you couldn’t possibly screw up, and now it’s screwed up. <a href="https://www.nbcnews.com/business/consumer/private-equity-rolled-red-lobster-rcna153397" target="_blank">Red Lobster lost tons of money selling&nbsp; endless shrimp</a> thanks to the PE firm making them buy their shrimp at a higher price from a shrimp company they owned an interest in—that and other practices drove Red Lobster into bankruptcy. Payday loans and title loan companies may have better success stories. (ok, that’s hyperbole, but I’m not even sure if it’s really not true)If you were joking, you gotta put gifs and sarcasm around the post.</blockquote>

[QUOTE="slugboy, post: 1164753, member: 282"] I know multiple people who were C-level execs or above on companies bought by private equity. Every one of them told a personal story of watching a company gutted and left much weaker after several years of PE investment. The house always wins, and the PE firms are the house. There’s a reason you can’t find a ToysRUs, Joann, Big Lots, Sports Authority, or Payless shoe store any more. InstantPot was something you couldn’t possibly screw up, and now it’s screwed up. [URL='https://www.nbcnews.com/business/consumer/private-equity-rolled-red-lobster-rcna153397']Red Lobster lost tons of money selling endless shrimp[/URL] thanks to the PE firm making them buy their shrimp at a higher price from a shrimp company they owned an interest in—that and other practices drove Red Lobster into bankruptcy. Payday loans and title loan companies may have better success stories. (ok, that’s hyperbole, but I’m not even sure if it’s really not true) If you were joking, you gotta put gifs and sarcasm around the post. [/QUOTE]

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