Source item
Open original source ↗Demographically, a lot of these founders/owners will sell their businesses.
PE is the biggest buyer (seeking to leverage, cut, and flip), but another option is permanent capital, which can keep the business closer to what made it successful. 🍊
Quoted context
These are the quoted author’s words.
"The biggest wealth transfer in history is here," per CNBC: Trillions of dollars are set to pass from founders to younger generations worldwide.
unusual_whales ↗