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)

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Here’s why Apple’s new child safety features are so controversial

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YouTube's Chief Product Officer Neal Mohan on the algorithm, monetization, and future for creators

YouTube's Chief Product Officer Neal Mohan on the algorithm, monetization, and future for creators

On today’s episode I’m talking with Neal Mohan, the chief product officer at YouTube. And there’s a lot to talk about – YouTube is announcing a $100 million fund to begin paying creators who use YouTu...

3 Aug 20211h 15min

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How Blackstone became the darling of grill TikTok with CEO Roger Dahle

How Blackstone became the darling of grill TikTok with CEO Roger Dahle

Nilay Patel encountered the name Blackstone on TikTok last year, just as the pandemic lockdowns were starting. He saw people posting videos smashing burgers and making pancakes outside on a griddle fr...

20 Jul 20211h 6min

Can Polestar design a new kind of car company?

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13 Jul 202155min

Land of the Giants: Delivery Wars

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While Decoder is on vacation this week, we're sharing an episode of Land of the Giants, a podcast from our friends at Recode and Eater. Land of the Giants is a podcast that explores how the biggest te...

6 Jul 202134min

Juul and the business of addiction, with Lauren Etter

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Juul became a sensation — and a sensationally dramatic story. Lauren Etter, author of The Devil's Playbook: Big Tobacco, JUUL, and the Addiction of a New Generation, joins us to explain how a tech sta...

29 Jun 20211h 15min

Microsoft CEO Satya Nadella on the business of Windows

Microsoft CEO Satya Nadella on the business of Windows

Nilay Patel talks with Satya Nadella, the CEO and chairman of Microsoft. On Thursday, Microsoft announced Windows 11, which comes with an all-new design, a bunch of new features, and the ability to ru...

25 Jun 202136min

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