Friday's Morning Coffee Reads
Good Friday everyone! I am going to lead you off with a article that kind of follows the tone of some of my more recent posts about PE deals going bad and eventually killing companies. Now, I don't necessarily think that companies dying and being replaced by others to fill the space is bad. A little revolution now and then is a good things, as is a shake up in companies. Unfortunately, the closures and bankruptcies tend to disproportionately the more vulnerable members of our society. This article highlights that on the Pitchbook Platform in Buyer Beware.
If you were are concerned about how the tech industry is under fire for the way it treats women. It's no different at Microsoft. [The Seattle Times] And another article along this line is from Susan Fowler, the author of the now-famous Uber memo. The article offers her thoughts on how start to end sexual harassment by eliminating forced arbitration clauses in employment agreements. [The New York Times]
For those concerned about the rising influence of China, the infographics in this article provide some insight to other places where China is catching up to the USA. For decades, Silicon Valley and its VCs have powered American tech dominance. But a China arises in the East. [The Wall Street Journal]
If a disaster forced a temporary shutdown at Goldman Sachs, the economic impact could be vast. So the bank has spent the past decade turning its New York headquarters into a modern fortress. [Institutional Investor]
Hope you enjoy!
Blake