[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Phil Trubey [@PTrubey](/creator/twitter/PTrubey) on x 8475 followers Created: 2025-07-26 16:38:23 UTC I loathe Private Equity. These are investment companies that buy profitable businesses and like vampires, suck all possible profits out of these cash cow businesses while typically not investing in future growth. They either sell the resultant empty husk to a greater fool or let the business wither away and die after making their money. My own startup ended up being acquired by PE after I had left it and (thankfully) had zero financial interest left in it. After my VCs ousted me as CEO (I was too young/inexperienced in their eyes, that's a whole story too), they hired a professional manager idiot who did manage to take it public (one week before the dot com implosion in March 2000, cutting it kinda close guys!) but then made zero strategic decisions going forward. The company was truly a cash cow, it was a SaaS before anyone knew what a SaaS was. So after being public for XX years, doing nothing but throwing off cash, it was acquired by a PE firm. The PE firm cut the company down to the bone, getting rid of half the workforce and moving the HQ from San Diego to Texas, ensuring most employees would "voluntarily" leave. The cosmic joke though was that the PE firm sold this hollowed out company for twice what they paid for two years later to a military contractor. Anyways, PEs deserve their reputation. Here's an interesting video showing how they've gotten into the YouTube channel acquisition game. While great for creators who get to cash out, this is going to suck for us content consumers who get to watch these great channels get bolloxed up by PE. Link below.  XXX engagements  **Related Topics** [money](/topic/money) [investment](/topic/investment) [private equity](/topic/private-equity) [phil](/topic/phil) [Post Link](https://x.com/PTrubey/status/1949147296949751859)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Phil Trubey @PTrubey on x 8475 followers
Created: 2025-07-26 16:38:23 UTC
I loathe Private Equity. These are investment companies that buy profitable businesses and like vampires, suck all possible profits out of these cash cow businesses while typically not investing in future growth. They either sell the resultant empty husk to a greater fool or let the business wither away and die after making their money.
My own startup ended up being acquired by PE after I had left it and (thankfully) had zero financial interest left in it.
After my VCs ousted me as CEO (I was too young/inexperienced in their eyes, that's a whole story too), they hired a professional manager idiot who did manage to take it public (one week before the dot com implosion in March 2000, cutting it kinda close guys!) but then made zero strategic decisions going forward.
The company was truly a cash cow, it was a SaaS before anyone knew what a SaaS was. So after being public for XX years, doing nothing but throwing off cash, it was acquired by a PE firm.
The PE firm cut the company down to the bone, getting rid of half the workforce and moving the HQ from San Diego to Texas, ensuring most employees would "voluntarily" leave.
The cosmic joke though was that the PE firm sold this hollowed out company for twice what they paid for two years later to a military contractor.
Anyways, PEs deserve their reputation. Here's an interesting video showing how they've gotten into the YouTube channel acquisition game. While great for creators who get to cash out, this is going to suck for us content consumers who get to watch these great channels get bolloxed up by PE.
Link below.
XXX engagements
Related Topics money investment private equity phil