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[QUOTE="kcsu, post: 5191542, member: 528"]
none of us do as its complicated.  I personally have enjoyed private equity as it has helped me to start 3 companies that went on to employee in aggregate over 20k people. In addition 7 of the individuals that i hired are now running companies that in their aggregate employ over 100k people.  Private equity in many cases is the impetus for job creation.  There are other cases such as a roll up or consolidation that the results are a shrinkage of jobs. But i would venture a bet that all in all VC money has created incredibily more jobs than it has taken.   Think of the Chips act as a private equity move. Same in SC when they landed BMW. Look back to the economy of SC before Public equity got involved. 20 years from now we will look back at Syracuse the same way as SC is looking back at that decision.  Ok it's not VC or Private money but it works in much the same way. An infusion of capital to support a company, be it a start-up or an existing entity to grow.  NYS used to be booming until they stopped supporting companies and went to far to the labor side. Once the balance between corporate profits and Labor protection got out of Wack NYS started down a path that has led it to where it is today. Again, it's very complicated. I've been involved in it since I was a young person, and I still don't understand a fraction of it. All i have is my personal experience which has been positive in the fact that many people have a job as a result of VCs and Governments supporting our efforts.
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