Josh Koplewicz, founder of Thayer Street Partners, discusses with Ted Seides why growth-stage private equity investments encounter operational friction.
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“The thing that happens most consistently when things go wrong is companies scaling nicely. The company goes from 30 employees to a hundred, and there is a new set of management issues. Layers of the org chart. An executive that's used to having control or being in the weeds in certain activities just doesn't have the time or bandwidth, and if they do, it's a totally bad ROI on their time.”
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