Comment by skeeter2020
2 years ago
I debate if PE unlocks or unsustainably accelerates. I think it comes down to should a small minority get very rich quickly, or should a going concern support a much broader ecosystem. I have seen PE "wreck" a few companies first-hand, so my selfish preference is the former.
I have less of an opinion on specific cases or even the overall effect-- but I do think it's important to realize that there can be non-incidental public benefits or even when there isn't a benefit specifically that the outcome was sometimes inevitable and in which case if you're to attribute fault to the PE it ought only be for the acceleration.
Not every case is a success, but the bad ones are hugely over represented in the media.