Here’s a rewritten version of the content in a provocative and controversial manner:
The Great Private Equity Heist: How the 1% are Swindling the 99%
In a shocking display of greed and manipulation, private equity firms have been snatching up tech startups and scale-ups, leaving a trail of destruction in their wake. The latest victims include Adevinta, Squarespace, Kahoot, and Model N, all of which have been sold off to the highest bidder in deals worth billions.
Adevinta: The Norwegian Media Group that Sold Out to the Highest Bidder
Adevinta, a Norwegian media group, was spun out from Schibsted in 2019 and went on to acquire eBay’s classifieds business for $9.2 billion. But in a shocking betrayal of its investors, Adevinta sold out to a consortium of private equity firms led by Permira and Blackstone for a whopping $13 billion. The deal was finalized in May, and Adevinta is now a private company, leaving its investors to wonder what hit them.
Squarespace: The Gamified E-Learning Platform that Sold Out to Goldman Sachs
Squarespace, a gamified e-learning platform, went public in 2020 and quickly became a darling of the tech world. But in a stunning display of greed, the company sold out to Goldman Sachs Asset Management for $1.7 billion. The deal was finalized in January, and Squarespace is now a private company, leaving its investors to wonder what happened to their shares.
Kahoot: The Norwegian EdTech Company that Sold Out to Private Equity
Kahoot, a Norwegian edtech company, went public in 2020 and quickly became a hot commodity. But in a shocking betrayal of its investors, the company sold out to a consortium of private equity firms led by Goldman Sachs Asset Management for $1.25 billion. The deal was finalized in January, and Kahoot is now a private company, leaving its investors to wonder what hit them.
Model N: The Revenue Optimization Platform that Sold Out to Vista Equity Partners
Model N, a revenue optimization platform, went public in 2013 and quickly became a darling of the tech world. But in a stunning display of greed, the company sold out to Vista Equity Partners for $1.25 billion. The deal was finalized in June, and Model N is now a private company, leaving its investors to wonder what happened to their shares.
The Great Private Equity Heist: A Pattern of Greed and Manipulation
These deals are just the latest examples of a pattern of greed and manipulation that has been going on for years. Private equity firms are using their deep pockets and influence to snatch up tech startups and scale-ups, leaving investors to wonder what hit them. It’s time to expose the truth and hold these firms accountable for their actions.
