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Invictus0
6 months ago
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After losing company stock Philz Coffee baristas g...
Sounds like there's more to the story than is being reported
gnabgib
6 months ago
[–]
Well there's this
Philz Coffee close to closing deal to sell to private equity firm for $145M
(62 points, 12 days ago, 80 comments)
https://news.ycombinator.com/item?id=44760902
And subsequent:
Philz Coffee sold to private equity firm Freeman Spogli for $145M
gotoeleven
6 months ago
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Philz is I think a rare case where it started to suck before private equity bought it. Maybe Freeman Spogli was glad since it saves them the trouble.
plorkyeran
6 months ago
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In this case they started to suck when they took VC money with the intent of growing a bunch.
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