Cory Doctorow on Nostr: All of this is especially attractive to PE bosses, who often take a company private, ...
All of this is especially attractive to PE bosses, who often take a company private, do a bunch of "financial engineering" and then take it public again, leaving the PE firm as the owner of those LLC shares that can be converted to a TRA and a huge windfall - which the PE bosses pocket, because they (not their investors) are holding those credits.
25/
Published at
2024-08-08 14:48:26Event JSON
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