In most industries, the largest customers can demand better terms from a company when they place big orders. But in private equity, investors have for many years been prepared to accept the same terms, however much they invest.
在多數行業,大客戶發出大額訂單時都可以要求更好的條款。但在私人股本行業,不管投資額多大,投資者多年來總是要準備接受同樣的條款。
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