Hauser makes himself look ******...
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Aw you know me. What's your other usernames? And they were meant to spend money now to realize a return (investment). They goal isn't to necessarily recoup all of their money in 5 years. The goal was to give them the PBC money to survive for 5 years without making a profit.Comment
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Check the OP they said recoup. 5 year break evens are usually what lenders are looking for. I doubt they would have gotten the loan with a longer window. So dont try and change the ****ing story.Aw you know me. What's your other usernames? And they were meant to spend money now to realize a return (investment). They goal isn't to necessarily recoup all of their money in 5 years. The goal was to give them the PBC money to survive for 5 years without making a profit.Comment
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They are still in their initial sink stage. They're in their infant stage of the business life cycle. They just a few months ago had their first card on FOX and have yet to have their first cards on ABC.Comment
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Sorry but no. They should be at or very close to positive cash flow by now. The initial big money has been sunk and the cards should be generating positive cash flow. They are not.Comment
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Recoup in valuation you ******ed donk.
If they plunk $550 million down, in 5 years they have 7 multi-year contracts with 7 different networks with multi-year contracts with sponsors and global TV... yes, their 90% stake will be valued at $550 million worth of equity EASILY.
If you factor in future valuations... way more than $550 million.Comment
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Haymon founded Bounce.
Spike has been wanting to invest in boxing and is now doing so.
NBC was already putting on boxing with Main Events and now just needs to see the figures to invest more.
CBS is a parent to Showtime who already invests close to $30 million in boxing.
What else?Comment
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