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Private Equity Is the Currency
There's this idea that if everybody in a sector is paying attention to the same thing, call it whatever politico is reporting on or whoever has the most air time on cable news. But when the thing people want is money, let's tell yo what it is that is not a finite supply. Venturing capital is creating new things from nothing, and it is creating more jobs. Private equity is the death of old companies. And its consolidating them, firing people and insuring that theyre ong obe able to create value from things that have already existed. Link: "I think one of the greatest tragedies is that we're all lumped together"