2min chapter

Decoder with Nilay Patel cover image

Private equity bought out your doctor and bankrupted Toys”R”Us. Here’s why that matters.

Decoder with Nilay Patel

CHAPTER

The Importance of Private Equity in the Business World

The big private equity firms just become a part of the puzzle in a way that is, as you're saying, invisible to most people in America. Part of the reason that happened is fewer companies started going public. Because of series of deregulations over the past 20 some years, it's become easier for companies to stay private.

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