this post was submitted on 04 Jul 2023
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Asklemmy
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Bought out by a PE leveraged shitshow. Disaster was inevitable.
PE firms are killing off all the tech companies still worth working for.
Been there, done that...
Although, the PE firm that owns the company I work for now has shelled out a lot of cash for major improvements to the technology. There are a few that are trying to make things better, but they are hard to find.
I was just listening to a podcast about private equity. Sounds ridiculous to be a part of something like that