How private equity kills companies and communities
Decoder with Nilay Patel
00:00
The Rise and Impact of Private Equity
This chapter examines the complex dynamics of private equity, revealing the conflicting incentives between private equity firms and their acquired companies. It contrasts private equity's focus on financial gain with venture capital's support for innovation, while discussing the broader implications for the American economy. The narrative traces the evolution of private equity from its origins in the 1960s to its current aggressive strategies, highlighting its significant influence on various industries.
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Transcript
