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KT2000

(21,981 posts)

2. Money

Reply to MichMan (Reply #1)

Tue Jul 29, 2025, 04:14 PM

Jul 2025

The Financial officers are contacted by PEs to sell. They offer the moon - huge bonus to the finance officer who becomes the salesperson to the CEO and board. A huge cash buy becomes enticing and they run with the money, leaving the company to sink. This is one way people become billionaires.

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Highlight:

Warren on Private Equity [View all] KT2000 Jul 2025 OP

Why would profitable successful businesses sell to private equity in the first place? MichMan Jul 2025 #1

Money KT2000 Jul 2025 #2

I believe the three mentioned in Warren's video were all public before being sold to PE MichMan Jul 2025 #3

good question KT2000 Jul 2025 #4

good question KT2000 Jul 2025 #5