fracking startups
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 9, 2020 by Bethany McLean · across every show →
Everything said about fracking startups, oldest first
Jun 9, 2020 negative
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…”