Connect with FOLIO:
         

ADVERTISEMENT



Feedback On Our Private Equity Feature


Tony Silber By
09/28/2006 -02:00 AM






I think we struck a chord with our August-issue report on how private-equity is changing the magazine industry. I’ve gotten a bunch of correspondence on the package, including at least a couple of letters to the editor that we published in September. And I’ve received a bunch of more incidental comments as well, including one that pointed out that a deal we described as an early home run was better described as a bloop single.

But positive or negative, it seems to me that the piece found an audience at all levels: Among the rank and file, which suffers the anxiety of M&A, and the layoffs when they occur, among the bankers who transact the deals, and among the CEOs who execute them. And there is no question the market is Hot.

And speaking of those CEOs, a thought occurred to me that I left out of the editors note for that August issue: When you as an executive sign up to work with private equity -- such as Bob Krakoff at VNU or Paul Mackler at Cygnus -- the CEO, even as the high-profile frontman, even as someone who gets wealthy if things go right, remains an employee, serving at the pleasure of the PE firm.





Tony Silber By --

Post Comment / Discuss This Blog - Info/Rules


RECENTLY in M and A and Finance dots icon

MOST READ on FOLIOdots icon

FOLIO: Alerts & Newslettersdots icon

Sign up for our news alerts, special offers & feature updates:



FOLIO: Alerts
Breaking news & industry updates

FOLIO: Publishing Technology
The Latest on Trends, Issues & Products (2x Monthly)

FOLIO: Special Promos
Special offers & announcements from Partners, Sponsors & Red 7 Media

FOLIO: Update
Webinar, content & service feature updates



CONNECT WITH FOLIO: NOW
         


CAREER CENTER dots icon