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bucolic_frolic

(54,481 posts)
1. The earliest private equity firms were the trading companies
Thu Feb 5, 2026, 12:41 PM
Thursday

that sailed west more than 500 years ago. Somebody put up the money and gave them a charter. They could plunder, make war, steal, bribe, and everything else. Profits to the shareholders. Modern times is just dusting off an old model.

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