Communication Math Profit and Loss Startups 
Barry Ritholtz
JANUARY 24, 2023
But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. There was XO Communication and McLeod. You got 60 percent of losses ahead of you. RITHOLTZ: I recall. KLINSKY: Right.
Barry Ritholtz
JULY 31, 2023
Ends up turning about $27 million of swap premiums into 2 billion plus in profit. I mean, you’re talking about, I don’t, I could do the math, it’s like a 10,000% return in like three weeks. We’re more startup than established entity, so not everybody has that ability. And that’s sort of the math.
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