AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
The Price of Time | Edward Chancellor & Joseph Wang
Forward Guidance
The Benefits of Private Equity
I would distinguish VC from private equity for stuff. I think the private equity business kicks off in 1982. Former Secretary of Secretary Bill Simon's leverage purchase of Gibson Greetings, which is a card company. And really, the private equity guys, they're more like corporate finances or investment bankers than traditional investors. Guys, it's all about how much debt can we put? Look, I'm just talking about the LBA. It's not some of the others. The entire business was, you know, grew on this long, 40 decade bond bull market of ever declining rates of interest.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode