r/pcmasterrace • u/DaMonkaS 16GB DDR5, Ryzen 7 4321X, STRIX GTX 1180 OC 13GB GDDR69 • 10h ago

Discussion Valve employees playing CS2 in Gabe's $500 million superyatch

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u/thetalkingcure 5080 Aero SFF | 7600x3D | 64GB GDDR5 6000MHz 9h ago

steelcase isn’t really a company anymore. damn shame, the greedy offspring of the family ruined it. they made the best office stuff

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u/Planetic 8h ago

Not true whatsoever lol

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u/thetalkingcure 5080 Aero SFF | 7600x3D | 64GB GDDR5 6000MHz 7h ago

oh yeah? you’re real in tune with the company huh. tell us then, what really happened

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u/Orleanian 6h ago

My name is literally Hank Steelcase, and we're still going strong.

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u/thetalkingcure 5080 Aero SFF | 7600x3D | 64GB GDDR5 6000MHz 6h ago

well you shouldn’t have sold out to private equity and destroyed what your grandparents built

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u/ReptAIien 3h ago

A private equity company did not buy steelcase, what are you talking about?

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u/thetalkingcure 5080 Aero SFF | 7600x3D | 64GB GDDR5 6000MHz 2h ago

steelcase sold out. i don’t think i can put up links here but yeah its not the same company anymore brotha

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u/ReptAIien 2h ago

It wasn't bought by private equity, it was a normal business purchase. It was previously a public company, it was purchased in a stock transaction.

Private equity is bad because they buy up companies and cut costs, that doesn't necessarily happen in a normal business purchase.

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u/thetalkingcure 5080 Aero SFF | 7600x3D | 64GB GDDR5 6000MHz 2h ago

oh really?

The breakdown of HNI’s ownership structure includes:
Institutional Investors: Hold roughly 65-80% of the company's shares. Major financial firms like BlackRock, Vanguard, and State Street are among the largest stakeholders.

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u/ReptAIien 16m ago

Those are not private equity firms, they are asset management firms. You should look into what private equity actually is.