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Old 09-13-2023, 08:10 AM   #27834
sonick
Willing to sell body for a few minutes on RS
 
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Quote:
Originally Posted by Phozy View Post
While i agree to a certain extent, to this I say, try to keep an open mind. Especially locally, buyouts from PE firms can provide exit opportunities for founders and shareholders alike to retire on nest eggs, cash out, be able to live a life or do the work without having to be burdened by the administration of the Company.
As with any industry there are good and bad eggs.

The company I work for the founder did just that, was able to sell it after running the business for 15 years with a lot of stress.

Benefit was that the company continues to run rather than to be completely liquidated; we all continue to have jobs and growth opportunities as the founder steps back and key people get a step up in their roles for growth.

That said, there is definitely more pressure but so far it hasn't been completely unreasonable.
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Quote:
Originally Posted by skyxx View Post
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
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