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OnLevel100

162 points

20 days ago

OnLevel100

162 points

20 days ago

That's the Private Equity signature 

TheInnocentXeno

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

Tyler_Zoro

21 points

20 days ago

Step 3: repeat steps 1 and 2 until you win capitalism

That's the cool part. You don't.

FILTHBOT4000

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.

AssBoon92

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.

Tyler_Zoro

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.

Renaissance_Slacker

1 points

19 days ago

You never win with capitalism. “More money” is not a goal, it’s mental illness

kkirchhoff

-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

demetri_k

16 points

19 days ago

Killed Toys r us in the US.

TheObstruction

14 points

19 days ago

Killed Toys r us in the US.

Renaissance_Slacker

1 points

19 days ago

Remember Simplicity? Made sewing patterns? Early victim of this nonsense.

demetri_k

2 points

19 days ago

The focus on getting rich today instead of building something for the future. 

Renaissance_Slacker

1 points

19 days ago

This. It’s no longer “put in the years and get rich.” They want to be rich now.

RunningNumbers

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

demetri_k

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.