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Even if that's true, that's even less reason to attack them and make yourself look terrible. Just wait and they'll destroy themselves.
I've seen firsthand how PE ruins startups. I joined a seed co and our founder went with a PE firm rather than a VC for our next round. The VCs were upfront about job cuts but the PE investors did not say anything until they took over. Needless to say, the founder got a good paycheck but we were left holding the bag. It was a bloodbath and they completely ruined the culture, product, morale, and any semblance of growt…
I feel like this article is essentially a smear piece - wpengine is associated with private equity therefor is not deserving of sympathy. Or something like that.
Is there a company out there that has survived a gutting by PE?
I've seen firsthand how PE ruins startups. I joined a seed co and our founder went with a PE firm rather than a VC for our next round. The VCs were upfront about job cuts but the PE investors did not say anything until they took over. Needless to say, the founder got a good paycheck but we were left holding the bag. It was a bloodbath and they completely ruined the culture, product, morale, and any semblance of growt…
This is not really news. The question is, what there is to do? I think that it is logical to sell your company to highest bidder when you want to exit, and often the highest bidder ends up being a PE firm.
Is there a company out there that has survived a gutting by PE?
Even if that's true, that's even less reason to attack them and make yourself look terrible. Just wait and they'll destroy themselves.
Sure, but the blast radius still has to be considered. Working to reduce that is certainly a worthwhile endeavor even if the end state is the same.