NorthWest Biotherapeutics Inc (NWBO)

[Know-Fear]

I hear what you’re saying, and tend to agree with the sentiment considering the current conditions for startups. But, private equities can be a double edge sword. People complain about lack of transparency now… Good article from the Atlantic pasted below. We didn’t know a lot of the details of the Toucan/Cognate transaction. But with the CRL announcement we saw several private equity firms were behind Cognate deal at that time, one of which I’m invested in one of their funds. I read their conference call transcripts and they can be word salad of vagueness. But, I don’t think investors complain because they’re earning a 10+ percent dividend and that’s what they want. So in essence, they buy their silence with the payout. The firms behind Cognate at the time of the CRL buyout of nearly $1 billion likely made a handsome profit. Which enables them to keep their investors happy….. but they might be a little thin on the details on how they achieve that end.

https://www.theatlantic.com/ideas/archive/2023/10/private-equity-publicly-traded-companies/675788/#[/tag]