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(904)

Waymo co-CEO Tekedra Mawakana on how to get self-driving taxis to the mall

Waymo co-CEO Tekedra Mawakana on how to get self-driving taxis to the mall

Waymo is working on self-driving taxis. Which is a huge deal. Ridesharing apps like Uber and Lyft have remade cities, allowed people to give up their cars, and generally connected the buttons you push...

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John Carreyrou’s final chapter on the Theranos scandal

John Carreyrou’s final chapter on the Theranos scandal

Nilay Patel talks to John Carreyrou about his reporting on Theranos from his Wall Street Journal articles that broke the scandal in 2015 to his podcast covering the trial of Elizabeth Holmes today. L...

28 Sep 20211h

How F*ck You Pay Me is empowering creators

How F*ck You Pay Me is empowering creators

We talk a lot about the creator economy here on Decoder and one thing we’ve learned from all those conversations is that the creator economy is a market just like any other, with supply and demand, bu...

21 Sep 20211h 3min

It's brutal out here: Olivia Rodrigo and how the music business makes songwriters fight over credits

It's brutal out here: Olivia Rodrigo and how the music business makes songwriters fight over credits

This week on Decoder we are doing something a little different. We're talking with Charlie Harding, co-host of the podcast Switched on Pop a podcast about pop music, about the state of the music indus...

15 Sep 20211h 3min

How Slack changed Apple’s employee culture, with Zoë Schiffer

How Slack changed Apple’s employee culture, with Zoë Schiffer

Apple has had a lot going on lately: we did a whole episode about the controversial child protection photo scanning features, which have now been delayed. A law in South Korea might force the company ...

7 Sep 20211h 4min

Everything you need to know about the global chip shortage

Everything you need to know about the global chip shortage

Since the beginning of the pandemic, the demand for microchips has far exceeded supply, causing problems in every industry that relies on computers. And if you’re a Decoder listener, you know that tha...

31 Aug 20211h 4min

The quirks and features of YouTube car reviews with Doug DeMuro

The quirks and features of YouTube car reviews with Doug DeMuro

Nilay Patel talks with Doug DeMuro, who reviews cars on YouTube for almost 10 years. Nilay and Doug talk about the economics of YouTube, how Doug feels about the platform, and about the new company he...

24 Aug 20211h 16min

Meet the self-driving brains working with Ford and Volkswagen

Meet the self-driving brains working with Ford and Volkswagen

Today I'm talking to Bryan Salesky, the cofounder and CEO of Argo AI, a startup that's trying to build the tech stack for self-driving cars. Argo just launched a small fleet of robotaxis in Miami and ...

17 Aug 20211h 4min

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