Two liberal arts types at NYU live blog a Stern (NYU’s business school) class.
Results? Amusing.
Two liberal arts types at NYU live blog a Stern (NYU’s business school) class.
Results? Amusing.
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September 22nd, 2011 at 1:49PM
“After a long speech and a story about a private equity firm, a simple flowchart comes on screen. “Find an undervalued company, buy it and take it private, fix it and restructure back to health, exit it and make $$$””
Reminds me of the Underpants Gnomes from South Park, with their three-step business plan:
1)Collect underpants
2)??????
3)Profit!!!!
…with “fix it” playing the part of “????”
September 22nd, 2011 at 2:23PM
david: LOL.