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Private equity, as an industry is a machine that is the business equivalent of injecting nitrous oxide into a car engine. You get a great deal of performance for a short period of time, but it stresses and breaks the things that make up the formerly reliable engine. In the case of Private equity, it's enhanced profits, usually at the expense of people who made up the company.
Three times in the month that I wrote this article I heard stories from three different private equity buyouts. Counting my own experience, all four were intensely scary, stressful, and ultimately very damaging to the average employee at the respective firms. This vent piece asks the question: When can we get Private Equity from a Win-Loose to a Win-Win for everyone involved?
Not everything in 2020 was worth forgetting. One thing that is definitely worth remembering again is the Peluso Presents Top 5 of 2020. Haven't listened in a while? Got a long drive coming up? This show highlights the the best Peluso Presents commentary from 2020 on the collision points between work and life. It's a great way to get introduced to the show if your new to it or just go back and revisit some interesting and thought provoking ideas!