I love it, hope it works. It can - I was involved in one not too long ago.
A company I used to work for was a wildly successful small company, having ~80% market share in a medically-necessary industry so they got bought by one of the big names…who promptly failed them. They sat on the company for about 20 years, market share slowly fading (because literally only 1 other major competitor in the space), and then sold it for a crazy small amount to an investment group because they felt it couldn’t make any more money on it. Brought in a tailored C-suite and a bunch of smart people (grin) and we were turning half a billion profit the first year. It was amazing how successful we could be when you can actually make changes without spending all day wondering how the shareholders will consider this, and spend money on innovation rather than dividends.
Sadly, the wheel turns and after 6 years of roaring success, another giant bought them up. A lot of us jumped ship to avoid getting back on the big conglomerate train.
