Cory Doctorow on Nostr: PE investors are chickens ripe for the plucking: take "continuation funds," which ...

PE investors are chickens ripe for the plucking: take "continuation funds," which allow PE bosses to *soak* the rich people and pension funds who supply them with billions:

https://news.bloomberglaw.com/mergers-and-acquisitions/matt-levines-money-stuff-buyout-funds-buy-from-themselves

Remember 2-and-20? 2% of all the money you manage, every year, and 20% of all the profits.

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