Private Equity

"Private equity has truly enshittified the earth. My family wanted to do something different this year so we stayed at a historic luxury hotel in a nice part of DC. What we didn't know was that it was bought out by a private equity firm (The Anasazi Group) a few years ago and was "updated" absolutely"

"And it isn't even just a side effect of greed, like literally the express goal of private equity firms is to make the world a worse place."

"PE shops rolling up locally-owned and operated HVAC contractors and dental offices sucks dollars out of the community to a couple of coastal enclaves. In return, the community gets "optimized" pricing, reduced headcount, diminished quality, and ownership without a stake in the locale."