It's not a good sign for your company when a private equity firm buys it. They usually do some drastic change to the company and flip it, the way house flippers do a joke of a remodel before flipping.
Remember the EA acquisition of Bioware? It happened like this:
CTO of Bioware left Bioware to join a private equity firm. The private equity firm acquired Bioware. The private equity firm sold Bioware to EA. Former CTO of EA comes back to EA and is made the CEO.
It's not a good sign for your company when a private equity firm buys it. They usually do some drastic change to the company and flip it, the way house flippers do a joke of a remodel before flipping.
Remember the EA acquisition of Bioware? It happened like this:
CTO of Bioware left Bioware to join a private equity firm.
The private equity firm acquired Bioware.
The private equity firm sold Bioware to EA.
Former CTO of EA comes back to EA and is made the CEO.
(post is archived)