Vitor Pamplona's avatar
Vitor Pamplona
_@vitorpamplona.com
npub1gcxz...nj5z
Nostr's Chief Android Officer - Amethyst Social
I actually think the goal of private equity is to destroy businesses. And their investors are all those businesses' direct competitors, with a bunch of fools from public markets make it legal. In that way, the competitor can share the cost of bankrupting a rival with the public market while collecting new revenues from those who won't go to the bankrupt place anymore. Now put that simplistic view 7 c-corps deep and add politicians and sovereign funds to it.
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