At Bain Capital, the firm he founded with William Bain Jr. (right), Mitt Romney spent more time focusing on leveraged buyouts than on venture capital deals.
(Globe staff/file 1990)
Bain often couldn’t lose with buyouts
At Bain Capital, the firm he founded with William Bain Jr. (right), Mitt Romney spent more time focusing on leveraged buyouts than on venture capital deals.
(Globe staff/file 1990)
Mitt Romney has long called himself a venture capitalist, and has relied on that experience in his pitch that he understands the economy better than other candidates for president. But he spent much more of his career in leveraged buyouts than in early-stage deals known as venture capital.
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