You’re assuming, or insinuating, the PE firms don’t immediately start paying themselves outsized management fees, bonuses, and the like.
HN user
BillSaysThis
https://billlazar.com
My issue with most PE deals is that the PE firm doesn’t have enough skin in the deal. Look at, say, the EA deal where almost all of the purchase price is coming from debt on EA. This to me is wrong because the new owners have almost no incentive to build the business for the long term—EA is a strong operator but face layoffs and LOB closures just to service the new debt.
I remember the ‘90s fondly in this regard. 1000 pages issue of Computer Shopper, the early days of Wired, and so much variety of publications. But especially because after work I wrote dozens of articles for Software Development Magazine and even judged the Jolt Awards a few years.
I use it explicitly for Facebook
Unbelievable!
The Beach Boys, on a double bill with Chicago, Madison Square Garden Summer ‘75, were my first concert. No Brian, of course, but all the songs were his. So many amazing tunes! (Note: despite going with my dad, we got stoned out of our gourds from the pot those around us were smoking.)
100%!
We have one story https://news.ycombinator.com/item?id=43175023 about a startup promising to identify factory workers giving, by management definition, less than 100% and yet CEOs can run multiple companies, take board seats, and oversee the American government. Of course the last one of those is so far adding huge value to all the others…
I, having decades of frontend development experience, asked this of my VP once. He said no designers would work for us if we did this.
If he adds AI, can he make it fly?
https://www.thebritishhistorypodcast.com/
The British History Podcast starts in deep pre-Roman times and, after ~460 episodes, is up to 1091.
I joined the purchasing department at Prentice-Hall in 1988 and saw How to Use and Understand dBase III+, which we'd just published, on my boss's secretary's desk my first day. She so regretted letting me take that because my job was supposed to be Lotus 1-2-3 spreadsheets but I turned everything into Clipper apps after the first month. Clipper really made my career by turning me into a full-time developer (and not the contract analyst I was supposed to be...).
updateName is a call to the backend/server to update the database...
Hilarious! I mean horrible! No, hilarious.
I also wish I'd spent more time trying to get my parents to talk about the early parts of their lives. Only one grandmother lived until I was old enough to think of this, but I didn't think to do it with her either :(
As a childless American in his 60s on the edge of retirement, this article is eye opening. While it seems to me that Americans of the same age are not going through the same education, job, and marriage stresses, they are going through different job and relationship stresses. Ones that are very different from my generation. Honestly I wouldn't want to be in either situation.
Lefsetz, Let the Clubs Close https://lefsetz.com/wordpress/2024/11/04/let-the-clubs-close...
I'd start with the Night's Dawn trilogy, I've read most PFH except for his last few and those are my ATFs.
:sad-face:
lol ESPN even admitted they did this intentionally, somebody in marketing surely must have lost their job.
Sorry this blog post says nothing beyond some nebulous worrying about potential future harm. Not worth duplicate posts to HN https://news.ycombinator.com/item?id=41851936
Those are two big ifs though.
Happened to me (anecdotal but...)
Hezbollah has said some time ago they were switching to pagers because Israel can get inside their cell phones.
Hush!
For a company like OpenAI I do. Especially in regards to the greater scrutiny.
This is an excellent question! I believe Biden has had time to change the USPS Board of Governors but somehow DeJoy is still in place.
This is intentional on DeJoy's part and a big part of why he was appointed.