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re: AAF reportedly needed emergency $250 million investment
Posted on 2/19/19 at 12:54 pm to 1999
Posted on 2/19/19 at 12:54 pm to 1999
the fact they "needed" 250M immediately - and some guy just gave it to them - is fishy is hell.
What Ebersol is saying makes a lot more sense.
They get the money they need and can start to expand and put it to work. Whatever ownership percentage Dundon gets now, that percentage might have cost him more in 6-12 months.
Now the AAF can focus on football and expansion.
Guys like Dundon don't become relatively young and insanely rich by making bad investments, especially of this magnitude.
You haters are just going to have to deal with it. The AAF might actually have some success.
What Ebersol is saying makes a lot more sense.
They get the money they need and can start to expand and put it to work. Whatever ownership percentage Dundon gets now, that percentage might have cost him more in 6-12 months.
Now the AAF can focus on football and expansion.
Guys like Dundon don't become relatively young and insanely rich by making bad investments, especially of this magnitude.
You haters are just going to have to deal with it. The AAF might actually have some success.
1
Posted on 2/19/19 at 1:01 pm to LSUFanHouston
quote:
Guys like Dundon don't become relatively young and insanely rich by making bad investments, especially of this magnitude.
Ehh that’s a fallacy. Rich dudes make bad investments all the time. They just have other investments that outweigh the bad and when you hit you hit big
Look at all the people who got cleaned out by Elizabeth Holmes. It’s reads off like a list of the worlds richest and smartest businessmen.
It’s a common fallacy people fall for and the difference is when those guys mess up, they are out a lot of money but have a lot of money to fall back on. When Joe scmho puts his life savings into something because “well this smart and rich guy is into it so it must be something” and it bottoms out, Joe Schmo is out on the streets
This post was edited on 2/19/19 at 1:03 pm
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