Is there a directory of private equity acquisitions? Maybe even a browser extension that flags the websites of acquired companies.
Such acquisitions are often due to founders cashing out or retiring, and the first thing private equity does is switch gears to "extraction mode". As such, I would think twice before (a) making a long-term commitment to their services, or (b) spending time applying for a job there.
I like this site, but looking at it right now, I'm seeing some obvious Opus 5 era Claudese in here [1]. I'm not sure how much I can trust something written lazily by an LLM, as it means there's no way to know if there's a human in the loop or if someone just has a Hermes agent out there doing automated research and writing it up automatically.
"Stakeholder" ranks #1 among corporate bullshit roles. It serves a dual purpose: (a) representing a group so nobody can be blamed for excluding them, and (b) providing typically useless feedback so that the group appears to actually care or have a clue.
Stakeholder seems like a fundamental concept that you can't really get around. For example, I can't change the time buses pick up students at schools if I haven't worked with the schools to know when their kids will be let out. I guess you can say, "they'll figure it out when the buses aren't there" -- but this just seems like you're picking a fight you could've avoided.
No-stakes work is ... worthless? If no one cares about the work enough to have any input or requirements for the results ... sure it might be unrecognized genius that's going to take the world by storm but the absence of interest is not a good sign!
To clarify, I don't want people holding any stakes other than the equity of the company itself.
I don't want people holding stakes because they want a promotion, because their direct manager wants to launch a corporate political battle into another team, or because some salesperson wants to get a commision for an otherwise worthless customer. I don't want roadblocks in the name of security so that the IT guy has a sense of self-worth. I don't want someone trying to protect their egos around something they worked on for 3 years, when there's new tech that supersedes it.
I'm not sure you know what "stakeholder" means...? Either that, or you've had too many people use it to mean "people whose future is on the line based on the outcome of the product." That's one kind of stakeholder, but it's far from the average, and it's certainly not the most important kind.
Anyone who has to work with the product is a stakeholder. Their stake in it is the fact that they will be interacting with it, and thus they care how, and whether, it works.
Sure, you'll get a finely chopped hedgehog [1] (the video doesn't depict any animals, it shows roadster suction fans). Things happen. With a conventional car you can get a tendered deer.
Sounds like a positive and well meaning legislation, right? Well, wrong!
It's no secret that the current Greek administration has been in cahoots with the local energy cartel. In 2022, they amended Article 171 of Law 4951/2022 to allow 40-year rights of use over public land to be granted to renewable energy installations via direct contract awards [1]. This has led to an out-of-control expansion of wind farms [2], with suspected links to wildfires [3] ("mountain burns, wind farm pops up" has been a common pattern in recent years).
And of course, allowing them to build is one thing. Being profitable is another. But thankfully, the government has been turning a blind eye to the cartel's collusion [4]. But maybe that's not enough, so this new legislation is the next act: mandating renewables for data centers, so that demand for the power produced by wind turbines will be artificially high.
Being cut off from payment at a click of a switch is already happening. I can name at least 3 people off the top of my head that have been de-banked in western countries (USA, UK, Italy) simply for speaking out in favour of the "wrong" cause.
Democratic states need to constitutionally enshrine the right to banking, if they insist on being called democratic.
The Payment Accounts Directive already mostly does that in the EU (as does the UK's Payment Accounts Regulations).
It's not truly universal, as people who are money laundering or financing terrorism can still be excluded, but it does allow those who've been "debanked" based on other risk metrics (such as financial vulnerability or political exposure) to have basic payment accounts.
Those complaining in the media about being debanked are generally talking about not being able access credit, do large international bank transfers, or use sophisticated banking products. Normal day-to-day spending is not affected.
Often they are lying about why anyway. Almost every political commentator, influencer or edgy personality (right or left) have been exposed as lying or defrauding to their audience.
I used to pay attention to politics and freedom of speech issues etc. While there is a problem with democratic societies (any government really) curtailing freedom of speech. That often isn't what is happened when these people are de-banked.
Often banks have to apply different rules/laws to people that are politically exposed and/or these people are doing something shady etc.
I wouldn't believe any of the political grifters (left/right/whatever) online when they said they are de-banked/cancelled unless they show definitive proof.
The bank still charges 2 SEK / transaction (~$0.2). This is a free handout to the banks, which already profit from keeping your money in their books. It's also a fee that affects mostly small vendors.
I think disempowering public education at every possible level has been covertly pushed for the past 30+ years under different pretenses. There's a lot of money to be made in private schooling...
The funny thing is that it's the parents who demand that their kids behave when they start paying a pretty penny for their schooling, while when it was "free", they let them run wild and put the blame on the (underpaid) teacher.
Not sure if the parenting is so much motivated by the paying of school as it is the prevailing socio-economic conditions. Think its a fair generalisation that those who can afford private school live comfier and more stable lives than a working class family with a child in a comprehensive.
Such acquisitions are often due to founders cashing out or retiring, and the first thing private equity does is switch gears to "extraction mode". As such, I would think twice before (a) making a long-term commitment to their services, or (b) spending time applying for a job there.
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