Private equity is coming for pet care

Make Me Smart

Private equity plays a major role in lots of sectors across the U.S. economy, and now it’s getting into the veterinary business. Today, Kimberly discusses the rise of these big outside investors in pet care and the financial and emotional decisions we make in caring for our beloved pets. Plus, we bid Jasper goodbye. But first, Amy breaks down a pair of cases involving the popular housing site Redfin and what they mean for how homes are bought and sold.

Here’s everything we talked about today:

• “Redfin to pay $9.25M to settle commission lawsuits” from Inman
• “Redfin settles commission lawsuits for $9.25 million” from HousingWire
• “When Buying a Home Is Treated as a National Security Threat” from The New York Times
• “Vets fret as private equity snaps up clinics, pet care companies” from Stateline
• “Why Your Vet Bill Is So High” from The Atlantic
• “Workday Has Become the Most-Hated Workplace, Business Software” from Business Insider

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