Dell Tries to Go Private, But Maybe It’s Time to Heed Their Founder’s 1997 Advice to Apple

by Joey deVilla on January 14, 2013

Bloomberg reports that Dell, who have lost a third of their value last year, are investigating the option of becoming a privately-owned company. According to the report, they’re in hush-hush discussion with two private equity firms about buying out their own stock.

For more, here’s Bloomberg’s video report:

dellfailI’m not sure (and neither is the anchor in the video) what taking Dell private would do. Would it let them take corrective actions that would otherwise not be possible as a publicly-traded company — perhaps actions that might make shareholders balk?

Dell’s woes must be amusing to Apple fans, especially those who kept the faith during those dark pre-return-of-Steve times in the mid-late ’90s when the company appeared to be circling the drain. MG Siegler seems to have beaten me to the schadenfreude-laden punch, but it’s almost my duty as a Mac user to repeat Michael Dell’s infamous 1997 quote about Apple:

“What would I do? I’d shut it down and give the money back to the shareholders.”

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