Growth Buyout vs. Alpha Cowboy
The Growth Buyout is a hybrid private equity/tech startup vehicle with promises of venture scale returns over a long enough time horizon typically financed with a combination of debt and equity. It is hiring bright forward deployed engineers and merging them with a high volume M&A pipeline. The most ideal industries to do this in are those with legacy processes still operating on software from decades ago because the speed of software iteration has increased exponentially with LLMs. The issue is simply the time axis of distribution. Examples include Aerospace Manufacturing, Hospitals, and Parking Lots to name a few.
The solution to the software distribution problem is literally buying the entire company and forcing them to evolve under your guidance. Pretty sendy.
Alpha Cowboy (n.) - A software vagrant in search of alpha in industries with distribution channels typically saturated 5 years ago. Often characterized by startup ideas with half lives of 2 weeks.