this post was submitted on 25 Nov 2023
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How will they buy a family owned private company? That would require the family willing to sell and that's simply not the case 95% of the time.
The real problem is that those hidden champions can not grow further because they already dominate their small niche. Often they inhabited this position for generations already and are very conservative and don't really innovate.
This wouldn’t happen by force - they would just offer a lot of money to convince them. I never claimed that those transactions would always be successful, did I?
you claim them to happen at relevant scale,when they dont. Your entire argument is based on something being normal that is not. so shifting the goalposts to "well it happens sometimes" is silly.
Where have I claimed that there were large scale buyout programs like you falsely suggest? Cite it.
I didn’t shift the goalposts- you purposefully want to misunderstand- there is a difference.