Paul Haddad 
One day I'll watch a "Why did famous company/brand X die" video and the answer will be something other than private equity. That day is not today.
Mar 16 at 2:41pmWeb
Show threadJan RychterMar 16

@paul More generally: money people. The moment money people (CFOs, career managers, etc) start running things, everything goes to crap.

See for example Boeing after McDonnell Douglas got acquired and McDD people started running things: managers rather than engineers. Or see modern Apple. There are so many examples.

You need somebody at the top who *cares* about the product.

Private equity running things fits into this worldview.

Show threadAngus McIntyreMar 16
@paul It's like the world's dullest game of “Clue", where the solution is ALWAYS "private equity, in the free market, with a leveraged buyout”.
Show threadEric EggertMar 16
@paul
Show threadOlivier Roux (moose)Mar 16
@paul Private Equity is like a cyniade-laced chocolate truffle... so tempting and hard to resist, but ultimately deadly.
Show threadMichael CookMar 16

@paul Amzing how consistent it is.

For the truly rare counterpoint: look up the UK jewelry chain Ratner’s.

It’s a good one.

Show threadFlorian LawsMar 16
@paul Cause, or do companies get sold to private equity because they're already declining?