Safe as Milk

Cegelec to be bought by leeches

After all the talk of being bought by another company in the public works sector, it turns out that whatever happens, Cegelec will continue to be owned by an investment fund.

The problem with investment funds is simple – no emotional involvement. Without emotonal involvement, there’s no passion. And without passion, your business is fucked in the long term.

Luckily, investment funds don’t care about the long term, they have a 5 year exit plan.