Tagged With: Private Equity
Private Equity Could Use a Little Disruption
Lazy Cash Flow I didn’t go to B school. I was far too eager to “get out and start doing it,” building businesses, doing deals. I don’t think I missed anything with that decision, and as I sometimes contemplated returning to school during my career, I’m pretty sure I would have ended up like Rodney … Continue reading
What Time Is It in the Bubble?
What’s a bubble? Wikipedia defined the dot-com bubble of the 90’s as: The dot-com bubble (also referred to as the dot-com boom, the Internet bubble and the information technology bubble) was a historic speculative bubble covering roughly 1997–2000 (with a climax on March 10, 2000, with the NASDAQ peaking at 5,408.60 in intraday trading before closing at … Continue reading
Another Win for Private Equity and a Loss for America
Rumor today that a deal will be announced Monday, September 22, that Russian brewer Oasis Beverages will pick up Pabst Brewing for USD $750 mil. In addition to Pabst, the company contracts and distributes Schlitz , Colt 45, Old Miwaukee, and a couple dozen other brands. Private equity group TSG, who likes picking up “orphan … Continue reading
Private Equity Deals Hurt Consumers
Private Equity, Part 3: Bad for Consumers In a previous discussions about the private equity industry, I’ve spoken mostly about their lack of contribution to growing the economy – since the function of a private equity deal is to provide a sky high ROI to the firm and “partners,” they have no interest in really … Continue reading