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I would like to see more companies admit this - being a public company no longer means running a successful, thriving business. It strictly means delivering growth to investors, every single quarter, who do not care at all about the product the company sells or the people who produce it.

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Kevin D'Artist

@k-e-v-i-n-d.bsky.social

6 Aug

Being a private company does not mean running a successful, thriving business either. For hedge funds and private equity, it often means taking a successful business, leveraging it to the hilt, and enshittifying it into the ground while stripping it for parts.

Chris B-Eeeeek!-ler 👻

@cwbuecheler.com

Sure, but that's assuming the private company has either been sold to those entities or borrowed from them to the point that it's over leveraged. PE is absolutely a strip mining operation but private business is not required to let PE in, while public co's have almost no control over who buys in.

6/8/26, 9:11 pm0 reposts3 likes

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