Leveraged Buyout

Dropbox Should Have Sold to Steve Jobs. Now It’s Just Bait for Private Equity.

Dropbox is the textbook private equity target: profitable, stable, branded, and completely out of growth runway. The real tragedy isn’t that it’s being squeezed — it’s that the best outcome was Steve Jobs’ acquisition offer, rejected in favor of an IPO that trapped the company in feature-company purgatory. Now financial engineers are the only winners left.

EA Was Just Sold. Your Favorite Games Are About to Be Stripped for Parts.

EA’s sale to Saudi-backed investors isn’t just a geopolitical story; it’s a financial horror show. By leveraging the buyout, EA’s debt exploded from $2.2 billion to $22 billion. This massive debt will force the studio to prioritize aggressive monetization over creative game development, stripping your favorite franchises for parts to pay off Wall Street.