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115 points harambae | 3 comments | | HN request time: 0.001s | source
1. MetaWhirledPeas ◴[] No.46209605[source]
Private equity is the gamification of everything, in a compressed time frame. A company focused on longer time frames will cultivate their reputation. This takes the form of quality products and good customer service. PE has no need for any of this nonsense. They are looking for a quick return on their investment; to trade in all reputation and goodwill for their immediate value in cold hard cash. The more immediate the better, so they can move on to their next acquisition.
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2. gruez ◴[] No.46209832[source]
Funny, because you hear the same hand-wringing about how public companies (ie. the exact opposite of PE) only care about next quarter's earnings report. By that metric, PE is better than public companies, because their source of capital is more secure and don't have to worry about flighty shareholders dumping their shares.
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3. MetaWhirledPeas ◴[] No.46210070[source]
I don't see how they are opposites; public companies have their own perverse incentives.