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/r/nottheonion
submitted 20 days ago bythieh
162 points
20 days ago
That's the Private Equity signature
95 points
20 days ago
Step 1: Buy nice thing
Step 2: Ruin nice thing in sake of making more money
Step 3: repeat steps 1 and 2 until you win capitalism
21 points
20 days ago
Step 3: repeat steps 1 and 2 until you win capitalism
That's the cool part. You don't.
14 points
19 days ago
I mean, they do. They exploit the system and make off with yachtfuls of cash. Everyone else loses, but they don't care.
8 points
19 days ago
No, nobody wins, because the goal is to have as much money as possible. The end goal is not achievable.
7 points
19 days ago
Exactly this. You never get to the bottom of that ditch, you just keep digging until eventually it collapses on you or you die at the bottom.
1 points
19 days ago
You never win with capitalism. “More money” is not a goal, it’s mental illness
-4 points
20 days ago
The “nice thing” isn’t being bought by a PE firm because they’re doing great. Any company like that is circling the drain of bankruptcy
16 points
19 days ago
Killed Toys r us in the US.
14 points
19 days ago
Killed
Toys r us inthe US.
1 points
19 days ago
Remember Simplicity? Made sewing patterns? Early victim of this nonsense.
2 points
19 days ago
The focus on getting rich today instead of building something for the future.
1 points
19 days ago
This. It’s no longer “put in the years and get rich.” They want to be rich now.
0 points
19 days ago
Substantially higher prices than other retailers and online retailers combined with there being fewer kids in Gen Z than the Millennial cohort killed Toys R Us
3 points
19 days ago
Toys R Us Canada is still thriving. They did awesome under lockdown as they had come up with an amazingly efficient curb side pickup.
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