{"podcast":{"title":"Business is Bullshit","slug":"business-is-bullshit-7096260","podcast_index_feed_id":7096260,"rss_url":"https://feeds.libsyn.com/547982/rss","website_url":"https://sites.libsyn.com/547982","image_url":"https://static.libsyn.com/p/assets/7/1/0/2/7102994a48e0d52627a2322813b393ee/business-is-bullshit-logo-1500.jpg","author":"Jon Tsourakis, James Hornick and Jared Gibson","episode_count":36,"summary":"Tired of the corporate BS, \"gurus\" and trends that don't make sense? Same here. Business is Bullshit is our way of calling it out. Every couple of weeks, the three of us — Jon, James, and Jared — break down the dumbest stories, trends and personalities in the business world. We get into everything from broken work culture, bad tech takes to tone-deaf regulations, cringe \"thought leaders\" and anything \"business.\" No fluff. No hype. Just straight talk, real takes, and a little well-earned cynicism.","last_synced_at":"2026-06-26T12:20:31.190798+00:00","page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260"},"episode":{"title":"Value Extraction is Bullsh*t | Business is Bullsh*t Ep. 18","slug":"value-extraction-is-bullsh-t-business-is-bullsh-t-ep-18","published_at":"2025-07-30T17:39:00+00:00","page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260/value-extraction-is-bullsh-t-business-is-bullsh-t-ep-18","show_page_url":"https://stenobird.com/podcast/business-is-bullshit-7096260","url":"https://385b4acf-6355-4b46-a0c4-d76e364bf60a.libsyn.com/value-extraction-is-bullsht-business-is-bullsht-ep-18","audio_url":"https://traffic.libsyn.com/secure/385b4acf-6355-4b46-a0c4-d76e364bf60a/Eps_18.m4a?dest-id=4726657","summary":"In this episode, we dig into how value gets pulled out of companies instead of built into them—and why that's ruining a lot of great businesses. Private equity, stock buybacks, \"synergies,\" EBITDA... it's all part of the same game. Good companies get bought, stripped down, and flipped. The people who built them get screwed. The customers get a worse product. And somehow the ones doing the gutting still get paid. We talk through: - What value extraction really looks like (not just the theory) - How companies get worse after they're bought—and why that's usually the plan - The red flags to watch for in M&amp;A - Firsthand stories of working inside companies that got wrecked - And why some of the worst actors are still calling the shots If you've ever worked somewhere that went downhill fast after a sale, you'll get it. This is Volume 1. We'll be back with more. Listen wherever you get your podcasts. - Apple: https://bit.ly/3YOQrYT - Spotify: https://spoti.fi/4lHXLzk - YouTube: https://bit.ly/42q0vtM","meta_description":"In this episode, we dig into how value gets pulled out of companies instead of built into them—and why that's ruining a lot of great businesses. Private e…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2462,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/business-is-bullshit-7096260/episodes/value-extraction-is-bullsh-t-business-is-bullsh-t-ep-18/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/business-is-bullshit-7096260/value-extraction-is-bullsh-t-business-is-bullsh-t-ep-18.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}