Why Private Equity SUCKS for (almost) Everyone

Almost everything we consume has been touched by private equity at some point in the value chain. Despite that, very few people even know what private equity is. In this essay, I criticize the magic sauce that private equity firms use to create “value”.
First, I talk about how this magic sauce - on dubious grounds - transfers wealth from investors, such as our pension funds, into the pockets of a few private equity partners.
Second, I talk about how private equity makes portfolio companies focus more on financial engineering and consumer exploitation, and less on actually improving their products and services.
Third, I talk about how private equity seeks to reduce market competition, right under the nose of our competition regulators.
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In this video:
0:00 Introduction
01:39 The Magic PE sauce (what is private equity)
04:11 The PE billionaires (why private equity partners go to work)
09:06 Private equity "value creation" (the bluntest instrument capitalism has to offer)
12:53 Stealth consolidation (the private equity nomenclature)
16:16 Conclusion (let's get personal)
17:40 Thank you message and shout-outs
🔔 Subscribe to the channel to watch more eye opening videos! www.youtube.com/@TheMarketExi...
=================================
Who am I?
I’m Andres Acevedo, a lawyer who make short documentaries about law, economics and fairness for my own channel, The Market Exit. You can help me make videos for The Market Exit by becoming a Patreon. Or, if you live in Sweden, you can Swish me a donation on 123-333 34 65.
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📱 Instagram: / themarketexit
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🐥 Twitter: / themarketexit
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💌 Email: [e-mail]
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★★★ You might also be interested in:
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#privateequity #value #money
Thanks for watching the video: Why Private Equity SUCKS for (Almost) Everyone

[@dexterm7666]

Production level is top-tier. Explanations are easy to understand for an average retail investor like me. New subscriber here 👍

[@marwenbenhadj6878]

He is amazing 👏

[@tommatthieen5017]

im working in the industry. unfortunately there are a lot of innacuracies in it

[@sam-fb1ds]

I second this

[@black_tech_owner]

@@marwenbenhadj6878😮😮😮😮😮😮😮😮😮😮😮😮

[@veerkar]

@@tommatthieen5017- agreed. The analysis of PE investments is pathetic. The video is simple to understand and well produced. But the content is garbage.

[@LzLam]

I'm working in the m&a advisory field in China and deal with or for a lot of the buyout funds from day to day. What you presented is largely correct but I have to say you presentation quality is insane. Not mentioning the phenomenon visuals, the storyline design, pace, the skill to simplify concepts but keeping the essense are all top tier. I'm honored to be one of the early follower to a million subs to be channel.

[@TheMarketExit]

Thank you, I'm really glad you liked it!

[@kevinjohn8365]

You are truly underrated. Level of production is off the charts. Love this ☺

[@TheMarketExit]

Thank you for the kind comment Kevin John!

[@edisonyi1188]

One correction, the Oxford paper states that the performance is the same as public index funds after fees are deducted. So you can't claim that due to fees, returns on PE are worse than benchmarks.

[@Itssconnorr]

This guys biases throughout the video are so blatant that I can’t tell if he’s doing it on purpose or he just didn’t do sufficient research for this video.

[@johnsmith-ro2tw]

I saw a study once, about the avg return of hedge funds in the USA. It was pathetic. It was like -1%, when the S&P500 was returning 8-9% over the same period. Wouldn't be surprised if net returns were the same for PE firms. Especially if in the net return calculation, you include the number of staff laid off. I mean, you need to look at the whole equation to derive the net returns. It's like those idiots who claim an EV pollutes less than a petrol car. It's true if you only look at the finished product over a short period of time, but if you include the pollution generated with the extraction and shipping of lithium, the relatively short life of batteries, etc... petrol cars are still a better option for the environment. I imagine the top management of businesses acquired by PE firms is lured with insane amounts of quick profits that make their eyes shine, and is naive, at best.

[@SeanPannella]

@@johnsmith-ro2twI would be very surprised if any of these do better than just buying a few low fee ETFs like VOO or IVV. These PE balance sheets are going to pooh with interest rates the way they are. Investment advisors are likely much more interested in capturing and locking in decent returns from bonds or using an ETF like TLT to get that exposure without having to manage a bond book. On top of all of this if they were considering risky investments like PE then they should have just put all of their money in NDX tracking ETFs with ~18.7% average annual return over the past decade and fees would be in low bps. Problem is a mix of incompetent investment advisors in charge of these sources of investment and stakeholders chasing exposure. Everyone focuses on the success stories like early investing in META or TSLA another thing PEs often have is high concentration risk.

[@gillima20]

Going on what is written here on the The Oxford paper, it seem to comparing local stores and affiliated franchises. PE is higher risk with locked in investment with magic rollup Sause including the growth and benefits it has. Index funds have the protection of the market so in and out in a day. Seems to be not enough competition in PE to push down there 2/20 rates. Perhaps higher interest rates with cause PE to be reluctant to deploy there raw - powder so quickly.

[@12345fowler]

What's your real argument there except just a baseless rant over his video ? @@Itssconnorr

[@WilliamWatrous]

Can't believe the algorithm recommended this channel. Would angel invest into your success if possible 🥂

[@TheMarketExit]

The Algorithm works in mysterious ways. Thank you! 🍾

[@vagifrzayev280]

I would VC invest into your channel 🛩

[@Lodeken]

You have gotten yourself a new sub, amazing production quality and very clear explanation 😃

[@Wa7edmenalnass]

The research in this video and the production value is unmatchable. Great work.

[@TheMarketExit]

Thank you Ahmed! Very kind of you

[@nathansamuel222]

Was intrigued by the title and was immediately very impressed with the level of editing and video production for the number of subscribers you have. Completely agreed with your message as well. Keep it up!

[@TheMarketExit]

Thank you Nathan! I will keep making my videos better and better and hopefully the audience will follow

[@garretttedeman]

Really, really oustanding piece here. These are exactly the points many have been trying to make for years, but here are well-articulated & presented. ...Bravo to the creators!

[@TheMarketExit]

Thank you very very much Garrett for the kind comment!

[@ChristophTempel]

Thank you so much for making this topic easy to understand. As many people as possible need to be aware of this parasitic industry.

[@halsokampen3600]

Thanks for another great video! This is whats happening to the gym industri in Sweden at large and also In my town of Gävle. Recently we had around 5-7 different gyms owned by small buisnes entrepreneurs that where all bought by one private equity company. This is really hurting the entrepreneurship in our town and also limiting peoples choices and most people are oblivion to the fact that this is happening.

[@TheMarketExit]

I completely agree with you -- I've seen the same thing. If you look at for example SATS, one of the biggest PE-owned chains in Sweden, they're taking state-of-the-art price discrimination techniques to the next level. It's just amazing the amount of effort they spend tweaking their pricing system to get people to pay as much as possible. Thank you for your comment and for watching!

[@Andreas1986xyz]

Were the owners forced to sell? I guess not.

[@halsokampen3600]

Ofcourse not! They where paid to hand over their keys. But the problem is What it does to the market and comsumer choice.

[@12345fowler]

That's not the point. I guess nobody ever thought that was the case thought.@@Andreas1986xyz

[@coisasbostas1648]

This is some Netflix production level, such a good and clear explanation, you're going to blow up soon! Keep going

[@TheMarketExit]

Thank you! That's one of the nicest compliments anyone could give me. I watch at a lot of Netflix documentaries to get inspiration for the graphics, style etc -- even though KZbin content is different -- here you must earn every single second of the viewers' attention.

[@TERROR-FPS]

Great video. For context I’ve work in executive search for PE and have done for the past 10 years. Giving me a deeper level of access. The vast majority of your video is correct the one aspect I would say needs changing is PE returns vs public returns, the vast majority work in multiples of 100% , eg the trajectory of the fund is 6x meaning 600% returns which is very different from public market returns. And another darker aspect you forget to mention is the “private” in PE a lot of these businesses move In the shadows and like it that way, I believe the PE industry holds close to $7Tr AUM it’s crazy that their names do not ring bells to the everyday person and why is this! Anyway great video!

[@TheMarketExit]

Thank you for your comment Nick! I agree with you that the opaque nature of PE is a major problem and that it's something I could have talked more about in my video. On some level, the lack of transparency is the underlying reason for why PE "gets away" with what I call the PE sauce and its ingredients. A problem also seems to be -- and many talk about this -- that many large investors seems to not scrutinize their PE investments enough, if at all. Re. your comment on returns: I find Mr. Phalippou's arguments in his paper convincing -- it would be interesting to hear your thoughts about that paper. But I also realize this is a hotly debated and contentious topic and I did, therefore, include a disclaimer that I believe the PE compensation schemes are unjustifiable even PE returns exceed other asset classes. Thanks again!

[@TERROR-FPS]

@@TheMarketExit I’d also love to see an in-depth video on large PERE businesses snapping up single dwelling homes.

[@dac8939]

Hi am looking to break into PE. Currently associate in RE fund management but making around $180k and 28. What would pay be if I was to take a role. As starting analyst, or could I transition to associate level. Would this be a pay cut and what level could I get up to. Background undergrad in Mathematics and finance from top Russell group university in UK and MBA from Wharton. Currently in London. Thanks

[@TERROR-FPS]

@@dac8939 sorry for the late reply, I’m actually London based too, so happy to have a conversation. Do you wanna drop your name and I’ll find you on LinkedIn?

[@allNamesAreTaken333]

@@dac8939 Ironic :D Best of luck to you :)

[@jasonfan54]

This one of the best produced videos I've seen in a while and I love the focus on finance - although I disagree on some of the points you made in the video - I really hope you continue to make videos like this. Absolutely top tier.

[@TheMarketExit]

Thanks! I do indeed plan to keep making videos. New stuff coming out next week, stay tuned :)

[@davids7879]

Excellent content! I like the fact that you mention at the end the importance of "creating something new". This can't be stressed enough today.

[@TheMarketExit]

Thank you David! Yes, I've been thinking a lot about the difference between creating value in your work vs. shuffling wealth around in your work. I'm trying to come up with a good angle for a video about that, but it's difficult to find a good approach. If you have any ideas, I'd be happy to hear it :)

[@davids7879]

@@TheMarketExit Awesome! Nice to hear that. hmm... i've been thinking alot about identifying and solving problems lately. I'm still in the early stages. hmm... Perhaps Maybe a video about how the best companies solve the most difficult problems. People are motivated by solving difficult challenging problems. So, running with your "special sauce theme" We need a "new special sauce" to solving problems and identify the best ingredients to go into that special sauce. LoL I Hope it helps.

[@TheMarketExit]

​@@davids7879 That's good -- I like that a lot. There is a lot of discussion on how "problem solving skills" will become increasingly important for young people entering the work force. But there is little talk about which problems should be solved.

[@erics2792]

The returns on the funds themselves largely depend on the sector of which the fund operates within (Infrastructure, real estate, generalist, tech, life sciences, etc) It is also less volatile than the public markets, though you sacrifice liquidity for time, most pension funds, universities, investment institutions are looking 10-25 years ahead and want to mitigate any cyclical risk. Yes financial engineering happens within these firms for target companies, but so does restructuring and growth within the company itself. The consultants are typically deal sourcing, the lawyers are required for the filings needed to acquire a company (in the states). Multiple expansion rarely happens anymore besides in the tech. But yes, you're correct about the regulations, it is limited. Loved the video.

[@beatonthedonis]

In the UK, private equity firms have bought up most of the care homes and many of the vet clinics. Care homes are now immensely expensive, the level of care is terrible, and when they go bankrupt, the state has to bail them out. Vet clinics are also immensely expensive, with or without insurance, and prone to recommending unnecessary treatment in order to make money

[@TheMarketExit]

Thanks for sharing. We see that development in country after country, unfortunately. Having a dog, I've seen first hand what the aggressive consolidation has done to the vet clinic markets. There is far from enough competitive pressure left to keep the big firms from increasing prices.

[@vink75]

Excellent video! I was looking for some background on PE as I'm exploring its impact on healthcare. Which as far as I've been able to gather (still early in the research) has been terrible. Anyway thank you, your video was very helpful.

[@adfafdasdfasfa]

Love the videos. As a person with a similar background I appreciate the production value and balls it must have taken to step away from the industry!

[@basstradamus1]

I like the content and the form of this video so much thanks and keep bringing more content with the high bar of quality. Good luck!

[@sylascoker1483]

The cinematography was so good, as long as the information!!!

[@TheMarketExit]

Thank you very much Sylas, I did spend a lot of time getting all visuals right so its great to hear that you liked how it looks

[@nicola3240]

Thank you so much for this video! Really insightful and interesting. Already recommending this video to my friends and colleagues. I think your channel will go far. Subscribed.

[@TheMarketExit]

Thank you, appreciate that :)

[@monaoconnell5650]

Thank you so much. Please keep the videos coming.

[@beeman1408]

You got yourself a new subscriber. And yeah that's a pretty good description of what is happening in companies that are owned by private equity. Us blue collar folks are nothing more than a resource for them akin to forklift and handheld scanners.

[@benfowler1134]

Excellent video -- and criminally underrated channel. It dovetails with my own personal experience of watching past employers and everybody around then get raped by unscrupulous PE firms, and I do think from experience that PE is one of the greatest social ills of our time -- they are like a plague of locusts that have descended on our high streets and employers. I cannot help but wonder if we need leaders who can call it out, and then attack the problem head-on through much more aggressive competition enforcement -- and resourcing that fight adequately.

[@TheMarketExit]

I agree with your view. But I believe the problem is deeper than just PE. In my view, PE is the logical result of raw capitalism and laissez-faire government. Thanks for you kind comment! :)

[@omarmadian4264]

Production and Explanation are on Professional Level

[@alucky0]

Amazing stuff here. Glad I found your channel and hope more others do soon

[@TheMarketExit]

Thank you very much Alex! I'll keep working hard to make better videos and hopefully I'll find an audience

[@timeismoney9450]

Insane production and content quality. Can't wait to watch your channel growth.

[@TheMarketExit]

Thank you my friend!

[@matthennessey6223]

Amazing video! Keep up the good work

[@DawnPatrol101]

I enjoyed the video. But as a PE investor I have to disagree with your editorial opinion and offer a couple of counterpoints: - Private equity is an important source of capital for small and medium sized businesses too small for public markets but too big/mature for venture capital. The maturity of the US Private equity markets plays a large part in driving growth for middle market companies/new industries as compared to the relatively nascent EU PE industry. - The paper cited that shows returns for PE and public equity are the same are net of fees. To say they return the same but PE charges higher fees on top of that is false and is double counting. In any case, even if they were the same returns, PE returns are less volatile and uncorrelated with the broader market which plays a large part in attracting institutional investors despite the higher fees charged - Industry consolidation is the natural progression of the industrial life cycle and is healthy for growing companies. Economies of scale is a business 101 term. Of course some transactions will fly under the regulatory radar, they only care if a transaction results in monopoly power. Market power does not equal monopoly power - most failed LBOs are a result of Pe firms buying out and trying to save already failing businesses. While I cannot deny its ugly when it happens, these investments lose their investors money and the Pe professionals are likely to be out of a job as well

[@JohnSmith-si8nz]

Agreed100% the video is politically tinted as fuck I am a private debt investor myself Also the 2% fee structure is disappearing, we are seeing 1.5% being market standard in Europe and 1.0% for debt funds

[@cowboydelnorte3078]

Thank you. A very negative view of the PE industry. This is what the media does, lump everyone together because of the horrors of LBOs and the 80s and 90s of KKR etc PE firms bring expertise to grow scale then exit the investment. Lately it’s been holding the investment. If anything watch out for the hedge funds there’s some dark ones out there that dabble in arms dealings and sources out of Suriname. I’ve said more than enough if PE was so bad why is it still here? Why is Bain a prominent firm doing a lot more than the gov in communities?

[@Viipxz]

I’m in the private equity space as well and I find it unfortunate that so many people have such a skewed perspective of the industry, viewing it as purely evil.

[@Bambotb]

how do you get funding from them ?

[@KingRo550]

Amen. Thanks for saying this. I’m a fellow PE investor

[@ambig1]

The huge private fund managers like pension fund etc., usually have their own consulting companies in the name of their immediate family members and the PE firms are asked to hire few of their consultants, in this way the fund managers get kickbacks for their business via their family members. The main beneficiaries here are the fund managers who get kickbacks, their only condition is it should meet at least the stock market returns.

[@franktfrisby]

Very nice work. Keep up the good work.

[@Dealmaker84]

thank you for your clear explanations!

[@Emdebe]

Great video. Really well done 👏🏼

[@minhduc1997]

This vid is so good. Super well documented! Subscribed!

[@TheMarketExit]

Thank you very much!

[@__ag]

Absolutely amazing video, thanks!

[@szymontauszynski1944]

Very nice material, liked both the content and the editing. Keep it up man!

[@TheMarketExit]

Thank you!

[@ruxuesim3043]

Hey, you’ve just got another subscriber. The production quality is amazing and informative. I’m not sure why you do not have a million subscribers by now. Wishing you the best of luck and get your break really soon. Looking forward to more videos. 🙏🏻

[@TheMarketExit]

Thank you very much for your kind words. I'll keep making videos irrespective of how many will watch them. This is just way too much fun

[@justmeajah]

​@@TheMarketExithappy to hear this passion!

[@neilerickson3158]

I feel that at the core of your presentation is the age old phenomenon of greed vs fear. Is this the trap door through which even the most brilliant enter? Those caught in survival are more easily forgiven. Thank you for your brilliant insight and cognizant commentary, very courageous.

[@audioalt8]

Absolutely fantastic video. Probably the most important message that everyone doesn't know they need to hear.

[@TheMarketExit]

Thanks! Send it to some people you think need to hear it :)

[@audioalt8]

@@TheMarketExit Keep it up! I will subscribe on Patreon!

[@yoladamoyi9801]

This is so fire👍👍great production too!!!

[@TheMarketExit]

thank you very much!

[@ShaKing_037]

Thanks for the wonderful Presentation bro 🔥🔥🔥

[@markthani9883]

Great video! Incredible quality!

[@TheMarketExit]

Thank you, I really appreciate your kind comment

[@langeboriskogen]

Important and interesting. Looking forward to the next video!

[@TheMarketExit]

thank you!

[@aussiedeals5363]

This is gold, thank you!

[@TheMarketExit]

Glad you enjoyed it!

[@AlexanderLandolsi]

Loved this! Thank you Andres

[@TheMarketExit]

🙏 thank you my friend

[@brandoncarpenter9681]

Well done, keep it up if you have a passion for this!

[@TheMarketExit]

Thank you very much Brandon! I do have a passion for this and I intend to push hard to get better at this

[@BaLthaZaR2105]

Beautiful looking video with an important message. Thanks for this.

[@bobbobertson7568]

Spot on. I work for a company sold to PE. They followed the playbook of layoffs and gobbling up many other small companies in the biz. And the people that survived got rewarded with double the workload. The scum bag management tried to motivate the flock into thinking we were an upstart company, but in the end they sold us out to a bigger competitor. They of course raked it in via stock options and other rewards. If you get acquired by PE there will be tough times ahead for you

[@Noobfantasy]

Thank you for this informative video brother

[@kentinspacetime5378]

Excellent excellent work! Now all I have to do is to try and understand “business development companies” and why or how they aren’t private equity.

[@bogsieevans]

Really great video!! Shared with friends/colleagues 👏🏼

[@TheMarketExit]

Thanks Paulina!

[@exoticclan68]

The editing is AMAZING

[@jsg0170]

The production level of this is insane for 3k subs. Keep this up and the channel is gonna blow up massively

[@TheMarketExit]

I will keep making videos for sure :) Thanks for commenting!!

[@ferminlizarraga4368]

Thanks for the video. Its great and really speaks out

[@TheMarketExit]

Glad you liked it!

[@hardstylelife5749]

Great presentation, very nice graphic and editing skills; as well as the concept explained, easy to digest for even the less knowledgeable, bravo

[@Madafaca6969]

what the hell, did the algorithm showed a great video? that's a first time lmao awesome video, of course subscribed!

[@TheMarketExit]

Thank you very much! Appreciated

[@user-tg2jc7lk8n]

This is an extremely polished video. Well done

[@TheMarketExit]

Thank you!

[@jpminetos]

Great quality man!

[@supratikhajare8733]

Great explanation ! Thanks for the video.

[@TheMarketExit]

Glad you enjoyed it!

[@ranterraver5959]

Great video, can’t believe it took so long to pop into my feed. Already liked, subscribed and shared.

[@f.d.5952]

❤❤❤ thank you! Great video! Very brave 👏

[@KuzzatAltay]

Great video, learned a lot. Subscribed. Thanks!

[@TheMarketExit]

Thank you very much Kuzzat! Welcome to the channel. Unfortunately I don't speak Turkish, so I don't understand the content on your channel. But it looks great, really nice cinematography!

[@JosueGarcia-ve6zc]

How is this channel so small?! This is amazing work, instant subscribe

[@EsaMononen]

Thank you for making this video. Its well-made.

[@TheMarketExit]

Glad you liked it!

[@RichardL1]

Great content, thank you!

[@Batmanananana]

Great vid! Very interesting!

[@AITails2030]

This video is so beautiful. Keep up the good journalism my friend.

[@TheMarketExit]

Thank you very much Kinghtly! Making my videos as beautiful as possible is indeed a key goal for me. :)

[@user-wr4yl7tx3w]

Very informative. Great content

[@katenicolecastro]

the editing 🔥🔥🔥 new subscriber here!

[@Electrion118]

That widened my picture of business, thank you

[@allNamesAreTaken333]

Amazing video and super important topic

[@TheMarketExit]

Thank you!

[@Hanna-qm4pn]

Så intressant och tänkvärt!

[@TheMarketExit]

Tack!

[@ronnywilliams3302]

I learned A LOT. Thank you man

[@TheMarketExit]

That's great! :)

[@justmeajah]

Amazing videos! Wow! New subscriber here 🎉 so refreshing to see something outside of the us where many finance youtube videos are based on!! This video deserve millions views!!!!

[@FutureBusinessTech]

The editing of this video, combined with its exceptional educational value, is astounding.

[@TheMarketExit]

Thank you very much and congrats on the success with your channel. I could learn a lot from you. You make really cool documentaries

[@andreatortella9993]

Incredible video !!! Thank you

[@TheMarketExit]

Thanks! :)

[@onlydivergences]

I am inspired by your work. Thank you for doing what you do.

[@TheMarketExit]

Thank you! I will check out some of your videos as well. Cheers!

[@user-is3lb6ru6l]

Very good Video! Superlative production, graphics and facts.

[@TheMarketExit]

Glad you enjoyed it!

[@richpellegrin7713]

Fantastic video. Thank you for this wealth of information.

[@justnick6710]

This is quite well explained and easy to understand

[@klaslundgren1817]

Very nice production! I usually find political and economical subjects boring, but this video presented it in a very informative and fun fashion 😀

[@TheMarketExit]

Klas, that's a very kind compliment, thank you so much 🙏

[@TheMarketExit]

I'm thrilled to see this video resonate with so many of you. Let me share a bit about myself: 👨‍💼 I'm a lawyer who discovered a passion for using videos to explain things I think people should know. If you think I should keep doing this, consider supporting me on Patreon at www.patreon.com/themarketexit Obviously, there are nuances to private equity that I couldn't cover in this relatively short video. While I stand by everything I say in this video, I do agree with (and have learned from) some of the points that have been raised in the comments. I read all the comments, and I appreciate them all, even if I haven't had time to respond to all of them, yet. I'm actually working on a potential long form film about private equity, if you become a Patreon supporter, you'll find more information. Lastly, if you enjoyed this video, you'll find a lot more - even better stuff - on my channel, so do please check that out. Thanks!

[@benp9442]

This is probably the video that will cause the channel fly high Very interesting channel the algorithm recommended to me. Will now watch all the other videos on here :)

[@TheMarketExit]

Thank you Ben! Keep your expectations about my earlier videos on a reasonable level though -- I've developed a lot since my first video ;)

[@ulugbekabuabdullohmizrobogli]

Really good video, mate. Great content, clear explanation, great editing, and no nonsense! Absolutely, appreciate your work . Thank you

[@mradjamesable]

First video of yours I've watched. Fantastic!

[@TheMarketExit]

Thank you! Welcome to the channel

[@luckycatfinance]

Great explanation, thank you

[@TorbenCASchwartz]

Great video. Keep up the good work

[@TheMarketExit]

Thank you!!!

[@ashh3051]

Nice sound design. Also enjoyed the insight into Private Equity.

[@TheMarketExit]

Thank you, I work a lot on the sound design, that really makes a difference. I'm struggling to get the sound mix right though, different to know what levels each sound should have.

[@kingamplify8904]

As someone who is planning on going into private equity, this is an amazing video, extremely high quality production and information, subscribed!

[@TheMarketExit]

Thank you KingAmplify! Good luck with your career in PE, it's competitive but rewarding if you make it

[@MrCurcio99]

Great Job anyone considering selling there business to Private Equity needs to watch this !

[@danmathew4427]

The quality of the content is absolutely great. New subscriber here.

[@TheMarketExit]

Welcome aboard! Thank you!

[@tradefact7508]

You need to keep doing this as much as you possibly can, you are exceptionally talented at both production and content delivery. well done!!

[@TheMarketExit]

Thank you very much!

[@sonofatlas1372]

That editor is the man this is next level also great video I learned so much

[@TheMarketExit]

I do the editing and animations myself, thank you my friend

[@veryswede1576]

Hey hey , great videos .. I am in private equity and I totally agree with your analysis.. very good .. Tak..❤

[@TheMarketExit]

Glad to hear it - thank you!

[@masongoodwyn9006]

Amazing quality from the get go!

[@swirlcrop]

det här är en väldigt bra video Tack, tack.

[@TheMarketExit]

det här är en väldigt vänlig kommentar, TACK!

[@gregoryhillmercury645]

Riktigt bra, tjejen som inte ens gillar finans ”skit” tyckte detta var riktigt intressant och bra producerat

[@flogs5197]

My G needs more Subs. AMAZING CONTENT WELL NARRATED.

[@TheMarketExit]

Thank you very much FLOGs!

[@makeaniiimpactYT]

You hit the nail on the head where we've seen the same 'money saving' tactics to offshore to cheap low-quality tech resources but then remove all the high-ticket high-value employees/consultants that can actually build and innovate to make themselves look more 'profitable'. We know a company that almost missed the boat of AI when they laid off everyone who could actually integrate AI (except for our team). Luckily this is what we are doing now, but their off-shore teams couldn't come close to the level of experience and even the headhunter said, there's no way we can replace our dev team with the budget they were limited to...anyway, of course the execs are "Gen AI experts" now and touting this as they continue to look for another PE to buy them out. Another company didn't keep the good tech designers and devs around as PE said to just off-shore it all. 18 months later, they went against our original plan, failed to execute and removed their India off shore team to go offshore to central America...as that is the strategy. "Just off-shore the product design and build" - Whether you have A-players or D-players on your team, building a successful new software product doesn't happen with a room full of builders. There are def some PE that do the right due diligence and want to grow companies with actual good experience and collaboration. It's just like house-flippers, some are good, many are just looking to make the quickest $