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this post was submitted on 25 May 2025
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Isn't the MO for venture capitalists to run businesses into the ground, make them owe debt to themselves, cannibalise businesses from the inside and then run away with a profit while they bankrupt?
Not surprising to make a decision that kills a business because the entire point is to kill the golden goose
PE firms do that, VC wants a return of thier investment.
PE's also want a return ... and VC is a form of PE