founding generation
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Dec 20, 2021 by Paul Black · across every show →
Everything said about founding generation, oldest first
Dec 20, 2021 negative
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…”