Steven Klinsky on Building Businesses
Masters in Business
00:00
Private Equity Is a Holdover of the 80s
Leverage buyouts took off and became a wild stallion in the 80s. Back then you had high rates that were falling today we have still relatively low rates that are risingYeah how does the various uh interest rate regimes affect what structures of deal look like especially if there's a lot of debt involved? You can't just count on rising stock markets and falling interest rates anymore if you do you're you're a really bad firm.
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