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It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.

It's actually a pretty basic concept: when businesses feel secure and confident, they are more likely to grow, hire, and invest. Conversely, when the economy is unstable, businesses often become much more risk averse, and in many cases, they're forced to make undesirable cuts that affect their bottom line.


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Author introduction

Alan Patricof (born 1934) is an American investor, one of the early pioneers of the venture capital and private equity industries. He founded Apax Partners (based on a play on Patricof's name: Alan Patricof Associates Cross (x) Border), which is today one of the largest private equity firms globally.



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