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Hello and welcome to Decoder. I'm Nelai Patel, editor-in-chief of the Virgin,

and Decoder is my show about big ideas and other problems.

Today I'm talking with Megan Greenwell, a former top editor, both Wired and Deadspin, about her new book,

Bad Company, Private Equity and the Death of the American Dream. The book comes out on June 10th,

and it is a searing account of how private equity goes far beyond impacting failing businesses,

and deeply affects and transforms the lives of everyday Americans. Now, Decoder is very much a show about the

systems and frameworks that explain tech policy and business. And that means we've talked about

private equity a number of times on the show because PE is everywhere across the business

landscape,

even though it's massive influence on how so many companies operate is pretty hidden from view.

But once you see it, you start to see it everywhere. And it is incredibly validating to hear

that so many other people have had similar experiences with companies managed by private

equity.

One of the reasons I know this is because it's in our numbers and the feedback we get here on Decoder.

Our 2023 episode with lawyer and author Brendan Ballou about his private equity book, Plunder,

is one of our most popular episodes. We'll link to that in the show notes.

...