Private Equity Blew Up My Life

When Megan Greenwell was 34 she landed a coveted job in journalism as the editor-in-chief of the sports and culture blog, Deadspin. Just over a year later a post about why she was resigning went viral – a private equity firm had bought Deadspin’s parent company, and was seeking "a quick cash-out rather than the growth that comes from a well-run business." Her experience led her to spend six years investigating the industry for her book Bad Company: Private Equity and the Death of the American Dream which follows four Americans whose lives were upended by private equity takeovers in retail, healthcare, housing, and media. Death, Sex & Money is now produced by Slate! To support us and our colleagues, please sign up for our membership program, Slate Plus! Members get ad-free podcasts, bonus content on lots of Slate shows, and full access to all the articles on Slate.com. Sign up today at slate.com/dsmplus. And if you’re new to the show, welcome. We’re so glad you’re here. Find us and follow us on Instagram and you can find Anna’s newsletter at annasale.substack.com. Our new email address, where you can reach us with voice memos, pep talks, questions, critiques, is [e-mail]. Learn more about your ad choices. Visit megaphone.fm/adchoices