How private equity kills companies and communities

How private equity kills companies and communities

Today, I’m talking with journalist Megan Greenwell about her new book Bad Company: Private Equity and the Death of the American Dream. It comes out June 10th. It's fantastic and maddening in equal measure. I highly recommend it. In this episode, we discussed the genesis of Megan’s interest in the subject and its genesis in media — including her time as editor-in-chief of the website Deadspin, which underwent a very public PE takeover of its parent company. We also talk a lot about the healthcare industry, another major pillar of Megan’s book. I'm excited to hear what you think of this one. Links: Bad Company | HarperCollins Private equity bought out your doctor and bankrupted Toys ‘R’ Us | Decoder Private equity Is gutting America — and getting away with it | NYT I was fired from Deadspin for refusing to ‘stick to sports’ | NYT Will private equity be the next ‘Big Short’? | Marketplace The profit-obsessed monster destroying American ERs | Vox Why your vet bill is so high | The Atlantic The investment firms leave behind a barren wasteland’ | Politico Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinde Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(903)

Mark Zuckerberg on the Quest Pro, future of the metaverse, and more

Mark Zuckerberg on the Quest Pro, future of the metaverse, and more

Meta CEO Mark Zuckerberg joined The Verge’s deputy editor Alex Heath for an in-depth conversation about the company’s new high-end, mixed reality headset, the $1,499 Quest Pro, and why he isn’t backin...

11 Okt 20221h

Pat Gelsinger came back to turn Intel around – here’s how it’s going

Pat Gelsinger came back to turn Intel around – here’s how it’s going

Today I'm talking to Pat Gelsinger, the CEO of Intel. I’ve been excited to have this conversation for a very long time – ever since Pat took over as CEO a little over a year and a half ago. After all....

4 Okt 20221h 8min

How Arm conquered the chip market without making a single chip, with CEO Rene Haas

How Arm conquered the chip market without making a single chip, with CEO Rene Haas

One of the more interesting quirks of the modern tech world is that there’s a really important company at the center of it all that doesn’t make anything. But its work is in your phone, in your TV, yo...

27 Sep 20221h 2min

Can software simplify the supply chain? Ryan Petersen thinks so

Can software simplify the supply chain? Ryan Petersen thinks so

Ryan Petersen, is the CEO of Flexport, ac ompany that builds software that integrates all the different shipping vendor systems you might run into as you try to get a product from a factory in China t...

20 Sep 20221h 2min

Everyone knows what YouTube is. Few know how it really works.

Everyone knows what YouTube is. Few know how it really works.

Today, I’m talking to Mark Bergen, a reporter at Bloomberg and the author of a new book about YouTube called. Like, Comment, Subscribe: Inside YouTube’s Chaotic Rise to World Domination. YouTube has ...

13 Sep 20221h 4min

Rewind: How big companies kill ideas — and how to fight back, with Tony Fadell

Rewind: How big companies kill ideas — and how to fight back, with Tony Fadell

This episode was originally published on May 3rd, 2022. Tony Fadell was instrumental in the development of the iPod and iPhone at Apple and then co-founded Nest Labs, which kicked off the consumer sm...

6 Sep 20221h 16min

How the head of Facebook plans to compete with TikTok and win back Gen Z

How the head of Facebook plans to compete with TikTok and win back Gen Z

We’ve got a special episode of Decoder today – an interview between Verge deputy editor Alex Heath and Meta’s Tom Alison, the head of Facebook. Alex is the co-host of the newest season of Vox Media’s ...

30 Aug 20221h 3min

Advertising is everywhere. Wieden+Kennedy CEO Neal Arthur explains how it works

Advertising is everywhere. Wieden+Kennedy CEO Neal Arthur explains how it works

One thing that strikes me, in all these episodes of Decoder, is how little any of us really pay attention to the advertising industry, and how deeply connected it is to almost other every modern busin...

23 Aug 20221h 1min

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