Quote:
Originally Posted by thinkxingu
I think the key word here is "maximize." I've seen so many businesses—and, as a result, their employees and customers—destroyed by private equity in search of "maximum profit" rather than being satisfied with a more reasonable balance of profit, employee support, and customer satisfaction.
I know, I know—I'm probably not a realist—but I remember the days of shareholder capitalism when everyone could win.
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The Bocellis do not speak like the type of "extractive" private equity investors focused on maximizing short term financial gain. I'm optimistic that many will be happy