it's genuinely incredible that any time a beloved institution does something shitty, I think "private equity?" and then am right something like 95% of the time.

April 09, 2026 - 18:34 UTC

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It’s becoming a very useful adaptation of the Reagan Rule
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Look what they did to old employees who had invested in the company:

www.kqed.org/news/12051278/no-layoffs-in-philz-coffee-sale-but-stock-owning-former-employees-will-lose-out
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To be fair, that was the original owners who decided how to split the money, and had already done a number of bad things to their workers. But a Bay area company saying there're against glbtqia, that's a choice! How is that working out for Target?
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Yeah I was just about to say they got FUCKED over
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Now they have terrible politics to go with their terrible coffee and gatekept cream and sugar.
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And the 20 minute wait
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i used to have a game where my friends would complain about some dumb thing one of their fav companies did and i’d try to guess which PE firm bought it in the previous 2 years lmao
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