Comments on: Cerberus Capital Management: another style for private equity

By: Cerberus gets his prize with Chrysler (A new chance to see private equity management) « Gabriel’s scarcity rent - it’s management stupid!

Mon, 29 Oct 2007 12:26:08 +0000

[...] no more. Finally Cerberus got their way. (Remember the post Cerberus Capital Management: another style for private equity). One icon buys another. In those five months, thousands of hours spent at the negotiating table as [...]

By: gabrielbcn

gabrielbcn — Thu, 07 Jun 2007 23:07:13 +0000

Hehehehe I was surprised too. But he matches with the plain face-to-face no-frills style that they are so keen on

By: David

David — Thu, 07 Jun 2007 22:14:21 +0000

I’ve also thought that, the lower the number of managers, perks and other luxurious staff, the better the company will perform.

One example in Europe can be found in Ryanair. Essentially they follow the same no-frills policy as in the planes. I’t seems that the first version of its website was done by a couple of computer science students for £10,000, when consultancy firms asked them no less than £3 million. Same policy applies for the advertisements: O’Leary himself create the advertisements (probably that’s why there are so ugly )

By the way, I was shocked to see that Dan Quayle serves there as vicepresident. Unbelivable!