3 Comments

An excellent overview in the way of private equity. Business models can be very profitable at some point and make much less sense under different circumstances.

The hike of rates from 0-ish to 5% is case in point, and may drive some defaults.

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Feels like every metro area has a local equivalent of See's Candies - a delightful business model, and the founder's grandchildren know it.

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Jan 28, 2024
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You're extremely right. Edited.

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