With the rise of private equity, you don’t even have to go public to sell out anymore. So many companies in operation today are empty shells puppeted by private equity firms who buy any company in any industry just to squeeze every last bit of profit out of them before throwing them away.
Just look at the veterinary industry and the mass disappearance of vet practices owned by the doctors who work there.
It’s been proven to be right over and over and over again for literally centuries, across the entire world, to the point that you could set your watch to its inevitability. Any attempt you could possibly make the prove the contrary would be a waste of time for any person living down here on earth.