Music, you see, is about about way more than just money it is about a crazy, primal, uncontrollable passion. Most people who have dedicated their lives to music realize that it is an irrational thing a little unhealthy but strangely fulfilling. The industry is actually a culture built by men and women who obsess over the rich sound of analog synthesizers; the warm thud of Leo Fenders Precision bass; the sublime beauty of the sunburst on a vintage Les Paul; the roar of a Marshall amplifier; the silky vocals behind Neumann tube microphones. Note the prevalence of family names in these company names the real industry was built on the artistic endeavors of individual geniuses who acted out of pure inspiration, not banks. Financial return represents but a small fraction of the motivation behind the involvement of the vast majority of people in the musical instrument business. Yet for Bain Capital and Ares Capital, it is 100% of the reason for their involvement and that is not good enough for the rest of civilization. Read the whole thing.