I'd guess the majority of those success stories are invisible to the end user.
e.g. simply keeping the company afloat via PE cash.
If I recall correctly, this is what happened to Hilton Hotels. They were collapsing during the housing crisis.
A slightly different scenario but Hertz is a PE success story. It was owned by Ford and bought by a private equity firm. Now it's a standalone company making mint.
Were those roll-ups though? I see a poster below says the private equity fund was only involved for the last acquisition, but no one can deny Muse Group/Ultimate Guitar went on a shopping spree. They looked like they were trying to gain control over a whole segment and start squeezing (well, except for that open source projects aren't that easy to squeeze). No wonder people freaked out over the telemetry, it was reasonable to fear the worst. But everything went better than expected.
I see now, but I don't think buying a hospital is the solution here, a hospital by itself is just a single unit in a broken system, but that single piece is thousand times more complex than reducing drugs prices.
Reminds me of the Surgery Center of Oklahoma which cause such a huge news buzz back in 2009ish for publishing packaged pricing. Brilliant move. (And they still do it!)
OK how is this on the homepage? The title means nothing without clicking the link and... I generally refuse to click on clickbait just to see whether there's a hook in it.
It's a pun on The Onion's repeating headline about gun deaths in the US ("only country where...") [1] . I thought it was pretty clear before I clicked it it was going to be talking about security vulnerabilities in C, but I live close to that world so I might be a biased audience.
My guess is its almost exclusively due to the reference its making to the similarly titled Onion article. The actual article linked is basically a cut and paste replacing gun violence with memory vulnerabilities.
A decade ago every "omg just use [answer]!" was to suggest blockchain solve your problem.
Every possible problem seemed to have a solution that involved blockchain.
... now that "[answer]" is always "AI".
So I get his sense of cringe... while also acknowledging I had the same thought. We've never been better at pattern matching, pattern identification, OCR, translating across languages... seems like a great use of an LLM.
reply