Waddell+Reed's PBC investment has lost 59% of it's value.
Collapse
-
-
Comment
-
Comment
-
Step 1: Invest heavily in boxing show
Step 2: Lose 300 million dollars
Step 3: ?
Step 4: Profit?Comment
-
Waddell and Reed when they saw how well PBC was doing for their business:Y'all be hatin' on a slick bidness bruvva!
All yall be celebratin' and sheeiitt when all da man wants to do is offer free boxing..
Bet yall would prefer dat snake Rob Arum runnin da sport stealin' all da fighters purses and sheiit! Can't stand a black man running da game huh??
"Sheeeeeeeeeeeeeeeeeeit!"Comment
-
They could be operating for another 20 years and they still wouldn't make that back hahahahahahahaExactly. It hasn't even been a year yet. These losses mean nothing.
The bigger problem is whether or not they are attracting advertisers and starting to see an uptick in revenue. We won't know that unless we see their books. If you see revenue growth over the next year or so the investors will keep funding it.
That's what you get for terrible match ups and blocking great fights Haymon you F@gComment
Comment