KKR is either a villain or a hero, depending on who you ask.
The private equity firm started buying up companies, giving employees equity in them, then selling them at a profit with windfall results for employees and KKR. Some employee-ownership advocates see the company as an unlikely savior, offering workers stake in billion-dollar businesses. Others see it as an apex predator of late capitalism, giving workers a watered-down version of “equity” for their own financial gain.
Which is it?