VC (Venture Capital) and PE (Private Equity) are two of many new acronyms that have become part of the veterinary vocabulary. Unlike acronyms like TPR, ADR, VCPR, these initials are a direct reflection on the economic environment impacting companion animal veterinary practices. Never in the history of the veterinary profession has so much money been invested by NOT-veterinarians in the ownership of veterinary practices. Both US and International investors have identified the small animal clinical practice as a target for acquisition and consolidation. Starting about 35 years and peaking recently, this marketplace has taken off. For the sellers it has been a huge payday. For the PE and VC buyers, has it exceeded expectations? Or has it created challenges to meet reporting targets? What impact does selling a practice have on the seller, the team, the community? We are just starting to learn more and more about the intended AND UN-intended consequences of the influx of outside money. What does the Magic 8 Ball say about corporate buyers? CHECK BACK LATER