Bowlero, the biggest bowling company in the world, has grown rapidly in recent years. Fueled by private equity groups, the firm’s expansion has ruined the beloved pastime for many while its executives pull in massive profits.
Yea, I’d saying that a company seeking outside investors or trying to bring on managers or consultants… these aren’t inherently bad things - it’s just that in practice it’s fucking awful.
In our modern capitalist system the flow diagram is basically: team/founder starts a company, company does well and builds a customer base, team/founder cash out, PE/profit targets force under investment in company health, company gets worse, new team/founder outcompetes… though a huge problem at the moment is that having a billion dollar slush fund can really draw out being outcompeted i.e. Uber/literally anything in silicon valley.
Yea, I’d saying that a company seeking outside investors or trying to bring on managers or consultants… these aren’t inherently bad things - it’s just that in practice it’s fucking awful.
In our modern capitalist system the flow diagram is basically: team/founder starts a company, company does well and builds a customer base, team/founder cash out, PE/profit targets force under investment in company health, company gets worse, new team/founder outcompetes… though a huge problem at the moment is that having a billion dollar slush fund can really draw out being outcompeted i.e. Uber/literally anything in silicon valley.