The Impact of Technology on Financial Strategies

This chapter examines how spreadsheet software, particularly VisiCalc, revolutionized leveraged buyouts and financial deals in the 1980s, enabling dealmakers to better analyze and model scenarios. It further explores the historical significance of the Milken era and the influence of modern technology on private equity practices. The discussion also addresses current economic challenges, such as the housing crisis and budget deficits, encouraging a cautious approach to investing amidst volatility.