How private equity kills companies and communities
Briefly

Megan Greenwell's upcoming book, Bad Company: Private Equity and the Death of the American Dream, provides a thorough examination of the extensive influence of private equity on American life. Through her experiences as editor-in-chief of Deadspin and her exploration of key industries such as retail, media, housing, and healthcare, Greenwell articulates how private equity not only reshapes companies but also alters the daily experiences of consumers and citizens. The book connects financial motivations with real-world consequences, sparking discussions about the authenticity of business practices in America.
Megan's book, Bad Company, reveals how private equity transforms American lives, detailing its extensive influence across industries like media, healthcare, and retail.
The hidden yet massive impact of private equity is felt deeply, affecting not just failing businesses but everyday Americans and their experiences.
Private equity's disconnection from the genuine goals of companies it acquires is starkly illustrated through Megan's experiences with Deadspin post-acquisition.
Megan offers insights into how private equity has changed critical sectors, including healthcare, revealing a maddening transformation influenced by financial motivations.
Read at The Verge
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