You might have heard that Michael Dell was taking his company private. How? He partnered with Silver Lake who is putting several billion dollars, both borrowed a ton of money, mostly at high interest rates but also $2B from Microsoft.. I have several thoughts on this deal and would love t hear yours.
-Why go private? I’m certainly in favor of private equity (even considered working in it for a while) but this one intrigues me. Michael Dell seemed like he was in charge so what more can he do now that wasn’t possible when the company was public? If he had some brilliant ideas, was he waiting to take the company private (at a lower value) to start implementing them?