Fracking Startups
topic on 1 show · 1 statements across 1 episodes
1 statements about Fracking Startups, every show
McLean: Private equity fracking returns relied on a greater fool theory
“For a long time private equity could get a return on the greater fool theory. They would fund these fracking entrepreneurs who would go out and drill wells, and then they would sell that to a publicly traded company, and the private equity guys would make a to…”