10min chapter

Today, Explained cover image

How Barnes & Noble survived

Today, Explained

CHAPTER

Private Equity: Origins, Operations, and Impact

This chapter explores the concept of private equity, its history, and how private equity firms operate. It discusses the problems associated with the private equity model, including short-term thinking, reliance on debt and fees, and insulation from legal liability. The chapter also examines the impact of private equity on businesses and people, highlighting both negative consequences and potential success stories.

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