Curious how/why all this negative attention is focused directly on the Flock brand (current example notwithstanding)?
Seems like if I were a competitor of Flock I'd be pretty happy right now and all this negative press is making them artificially cheap to buyout right now.
Motorola/Vigilant, Rekor, Leonardo/ELSAG, and Axon are huge companies making mint off the same thing and no once in 20 years have I seen this level of attention... not on the overarching issue of surveillance-state-ing, but of one particular company.
1) Flock developed a nationwide network to track innocent people, tried to get in as many places as possible, and handed law enforcement agencies carte blanche access with virtually no oversight. Their whole schtick was being the mass surveillance company, and striking fear into people's hearts, in order to prevent crime. Despite being founded in 2017, they quickly reached hundreds of thousands of cameras installed.
2) The US Executive branch formed concentration camps and a private army, and started using this nationwide mass surveillance network to track down any brown people with a Spanish accent to lock them up in dangerous squalid conditions and/or deport them with no trial. This is an immediate, nation-wide harm being done to millions of Americans, and this new company is enabling it.
I'd guess the majority of those success stories are invisible to the end user.
e.g. simply keeping the company afloat via PE cash.
If I recall correctly, this is what happened to Hilton Hotels. They were collapsing during the housing crisis.
A slightly different scenario but Hertz is a PE success story. It was owned by Ford and bought by a private equity firm. Now it's a standalone company making mint.
Were those roll-ups though? I see a poster below says the private equity fund was only involved for the last acquisition, but no one can deny Muse Group/Ultimate Guitar went on a shopping spree. They looked like they were trying to gain control over a whole segment and start squeezing (well, except for that open source projects aren't that easy to squeeze). No wonder people freaked out over the telemetry, it was reasonable to fear the worst. But everything went better than expected.
I see now, but I don't think buying a hospital is the solution here, a hospital by itself is just a single unit in a broken system, but that single piece is thousand times more complex than reducing drugs prices.
Reminds me of the Surgery Center of Oklahoma which cause such a huge news buzz back in 2009ish for publishing packaged pricing. Brilliant move. (And they still do it!)
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