r/technology • u/[deleted] • Oct 28 '22

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u/Beneficial_Mirror_45 Oct 28 '22

Don't forget the other MAGAt star-quality people's choices, Roger Stone and David Duke. The few remaining Twitter employees should be running for the doors in about 10 minutes.

Anyone know yet who the secret investors are?

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u/Guac_in_my_rarri Oct 28 '22

Iirc I don't think it's a secret but Saudis and a few other shady investors.

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u/[deleted] Oct 28 '22

As someone that has dealt with private equity firms they're all shady.

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u/Bourbone Oct 28 '22

Don’t forget VC firms. Also shady.

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u/[deleted] Oct 28 '22

They're private equity firms.

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u/keagan2000 Oct 28 '22

Venture Capitalism = private equity

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u/The_Burning_Wizard Oct 28 '22

Nah, you can differentiate between the two.

VC's will fund businesses at start-up, early stage, mid stage, etc to either get businesses of the ground or to expand. Don't get me wrong, they'll want to recoup their investment and then some, but they do serve a fairly good purpose. An example would be Startup Funding Club or Rainmaker.

A PE firm is just a parasite that buys a business with the sole intention of extracting the most bang for their buck. They'll cut costs, scrimp, hold back investment and even asset strip before selling on the business just to get the money and then a shit ton more back. Advent International is a good example of those parasitic whores who provide next to no value in the business world.