Authentic Brands Group: The $20B Empire That Makes Nothing

[rcjordan]

https://www.worseonpurpose.com/p/your-favorite-brands-got-worse-on-purpose

[ergophobe]

Just one example among many.

More troubling, is that roughly this process is happening in healthcare. The only real exit strategy for most small physician groups is a PE sale. It usually requires the physicians to stay on for X years and in the cases I've known, they start crying the month ownership changes over and efficiencies and optimizations are rolled out. Those words are Latin for enshitification.

[Brad]

So sad.  Seems like an inevitable slide towards sh*t.