this post was submitted on 30 Nov 2023
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72
Blackstone acquires pet care app Rover in $2.3 billion all-cash deal (abcnews.go.com)
submitted 9 months ago by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
 

Blackstone acquires pet care app Rover in $2.3 billion all-cash deal::Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday

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[–] [email protected] 36 points 9 months ago (1 children)

Private equity will be the death of anything good.

[–] [email protected] 13 points 9 months ago* (last edited 9 months ago)

I'm sure the investment bankers have the interests of the rover employees and customers in mind. -s

[–] [email protected] 28 points 9 months ago

RIP Rover :(

[–] [email protected] 15 points 9 months ago (1 children)

Is this like the Uber of pet stuff?

[–] [email protected] 19 points 9 months ago

Yep, Rover is like the Uber of pet sitting / walking.

[–] [email protected] 10 points 9 months ago

Great, now let's see how they can make it terrible.