Private equity could hold companies long-term / have tax advantages like Berkshire Hathaway
By Hicbd
Mon Sep 19 2022 10:19 am
"Having invested in companies, sold companies and raised funding, we have seen the costs of the short-term mindset of private equity and venture capital up close. We wanted to do something fundamentally different. We took our inspiration from some of our personal heroes: Warren Buffett & Charlie Munger...Following the inspiration of Berkshire Hathaway, we decided to build the company that we would want to buy our own company. One that would hold it forever instead of selling it to the highest bidder. One that would take care of our employees and create opportunities for them to grow wealth if the business grows."
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