Right on! But I think you have misused the term "vulture capitalist."
Obviously the term is a send-up of "venture capitalist," but it refers not to the real venture capitalists (those who invest in startups hoping to hit the jackpot), but to people like Mitt Romney who borrow money to buy existing businesses and squeeze all possible cash …
Right on! But I think you have misused the term "vulture capitalist."
Obviously the term is a send-up of "venture capitalist," but it refers not to the real venture capitalists (those who invest in startups hoping to hit the jackpot), but to people like Mitt Romney who borrow money to buy existing businesses and squeeze all possible cash out of those businesses to pay the loan , and then sell, close, or go public with those businesses to generate massive amounts of cash for themselves.
Right on! But I think you have misused the term "vulture capitalist."
Obviously the term is a send-up of "venture capitalist," but it refers not to the real venture capitalists (those who invest in startups hoping to hit the jackpot), but to people like Mitt Romney who borrow money to buy existing businesses and squeeze all possible cash out of those businesses to pay the loan , and then sell, close, or go public with those businesses to generate massive amounts of cash for themselves.