Predicted that private equity firms will acquire mom and pop businesses, either shutting them down and firing workers or providing them with significantly larger budgets, potentially increasing a $10M budget to $100M.
"I want to try and come up with a plan that I can compete with private equity because they're going to buy all these mom and pop firms and they're either going to shut them down and fire all the workers or what we've been seeing is they write you a blank check and this this kind of business. They could come in and say, 'Oh, you know, your budget last year was $10 million. We're going to give you a budget of $100 million.'"
