Axios Pro Rata: Private equity's biggest Ponzi scheme
Plus, the next big software buyout. | Monday, November 29, 2021 Open in app View in browser Presented By Goldman Sachs One Million Black Women Axios Pro Rata By Dan Primack · Nov 29, 2021 🚨 Breaking: Jack Dorsey is expected to step down as CEO of Twitter, as first reported by CNBC . No word on timing or who would replace Dorsey, who also leads Square. Top of the Morning Illustration: Eniola Odetunde/Axios Simon Clark is frustrated. The Wall Street Journal reporter is five months removed from the publication of his well-received book on Abraaj Group, a private equity pioneer turned Ponzi scheme, but tells me the industry has turned a blind eye to the cautionary tale he co-authored with Will Louch. "The book has been widely read. I've been invited by academic institutions...