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▲ gruez 3 hours ago

And porkbun, a seemingly privately owned company, isn't private equity?

▲Krutonium 3 hours ago | parent | next [-]

Private Equity vs Private Ownership

The first is a vampire looking to take what was publicly or even privately owned, extract every last dollar and leave the shell with the debt of buying the next victim.

Private Ownership is Valve or Porkbun - The people running the business want to make a profit but not to their own or their customers determent.

▲SoftTalker 37 minutes ago | parent [-]

> The first is a vampire

I mean not always, but that does happen and that's what you hear about.

▲anamexis 3 hours ago | parent | prev | next [-]

Not in the sense that anyone means when they say private equity?

▲gruez 3 hours ago | parent [-]

You mean how it's always used post hoc (ie. "ah ha! the company was owned by private equity! you should've known!") or as a generic kneejerk reaction, neither of which has any rigorous criteria for what the "bad" sort of private equity is?

▲petesergeant 3 hours ago | parent | next [-]

> the "bad" sort of private equity

People mean "acquired by a Private Equity firm". You can learn what one of those is here: https://en.wikipedia.org/wiki/Private_equity_firm

▲krferriter an hour ago | parent [-]

Yeah people generally mean PE investment firms that are in the business of moving around and sucking up companies for short terms and stripping them to squeeze all the money out and then moving on to the next one. Not simply that a company’s equity is privately held, not publicly traded.

▲anamexis 3 hours ago | parent | prev [-]

Yes.

▲petesergeant 3 hours ago | parent | prev [-]

Which Private Equity company do you think owns them?