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Jay Trading, Stripe valuation cut, $NFLX ads, $PTON outsourcing, + more | E1508
This Week in Startups
The Culture of Private Equity Is Cut Throat
The culture of private equity is cut throat and making a spread sheet, Rika says. V c firms don't have those fixers sitting there ready to go in, she adds. And then if a company is mismanaged, that like the edge case of,. like this thing is such a disaster that the founder is buying wave machines and smoking pot on planes, you goino, just destroy the whole company. We have no time.
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