On any given day, a casual investor can tune into CNBC and be in total awe. Public companies are showcased and glamorized by messianic analysts in a concerted effort to push stock prices higher. But in reality, as I recently wrote, the future economy is increasingly being financed in private markets, far away from the glitz and glamor of the New York Stock Exchange.
Today’s guest – Ted Bililies – is a world leading private equity expert. Long gone are the old, wild west days of KKR and Barbarians at the Gate, when private equity investors would buy a company, saddle it with massive debt, ruthlessly squeeze out costs, and sell the company for a quick buck.
According to Ted, PE investors, in today's world, are taking a radically different approach to adding value – a fundamentally more human approach that offers a more enduring advantage, and one that is certain to appeal to a entirely new generation of talent.