Founding Generation
topic on 1 show · 1 statements across 1 episodes
1 statements about Founding Generation, every show
Black: Debt-financed founder buyouts ruin asset management firm succession
“The firms that have failed have been the ones that have taken on massive amounts of debt in order to finance the buyout of the founder, and that's fine as long as everything's going well, but when it's not, inevitably the younger people who have all the debt t…”