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A Provider Provides Similarities of Private Equity to Prostitution

I have equated providing to a number of different aspects of our everyday lives. I've been in this long enough to see that providing is framed in society in ways that might not be obvious at first, but are plain to see when you think about it. A woman going by the username chickenpotpielover69 (CPPL) wrote a very detailed outlook on how similar working at a private equity firm is to being a provider in this day and age. I read this from top to bottom twice, and even though I don't agree with everything written, it paints a pretty thorough picture.

For those who don't know chickenpotpielover69, she's a well-respected former SWer. She tells her story on multiple platforms as to what it was like being a SWer after she escaped from that life. She has multiple written blogs on her former life, and I so happened to come across one of her newest ones, "From Private Equity to Prostitution: How Men Extract Value Everywhere."

In the blog, CPPL associates the men she works with at her firm with the men she would provide services to. The point of private equity is to essentially buy a business and squeeze every bit of profit out of that business. This is done by cutting costs any way you can, from negotiating with vendors to raising prices on goods. Obviously, the company will go into a risk versus reward analysis before acquiring the company, which comes with research. They calculate how much debt the company can handle and whether it would be smart to bring in more money. In a complete nutshell, the entirety of a private equity firm buying a company comes down to what they can extract from the company, all to make a profit from it at a later date. CPPL made a strong case as to what this meant in her life as a provider, and I'm kind of seeing it from her point of view.

CPPL breaks it down into small terms we can understand, but I went a little simpler. The firm (clients) is buying the company (providers) with the hope of getting all they can out of them. When you compare certain aspects of being an equity firm, CPPL does make a point. For instance, we constantly do risk versus reward when it comes to picking that perfect provider. We want to experience what we're paying for, but if we can do that at a lower price, that's fun as well. Some of us try to negotiate prices with providers, pushing boundaries and seeing how much a provider can handle before giving in. Then there's the debt or pressure some providers have that comes with being a SWer.

In both cases, CPPL sees what she does now and what she did as one and the same. She sees the firm as having complete control over the structure of the company, and that the company carries a lot of the weight of the transaction, which CPPL calls a burden on the provider.

I don't believe what CPPL is saying is wrong, but I very much see this coming from a personal point of view. When she uses words like "escape" when referring to being a SWer, it's very obvious her time in it was unlike a lot of the providers we see today. Like I said, I don't really agree with everything here, as this seems one-sided. CPPL is strongly giving us the point of view of the emotionally unstable and battered-down provider that could really be any SWer when you think about it. I just know there are two sides to being in this hobby, and I've been in it too long and seen too much not to see it from our point of view as much as theirs.

Shoutout to CPPL. This was a hell of a read.

You'll also find the written post here.
 
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