View Single Post
Old 04-03-19, 07:25 AM
Been Around Awhile
I-Like-To-Bike's Avatar
Join Date: Oct 2004
Location: Burlington Iowa
Posts: 27,696

Bikes: Vaterland and Ragazzi

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 11 Post(s)
Liked 40 Times in 32 Posts
Originally Posted by jon c. View Post
In a sane world, getting paid $6 mil to run a money losing enterprise might be considered akin to looting.
In this case the management is less concerned with running a business that makes profits but rather is looking to score a big billion dollar payday for its founders and early investors and venture capitalists with a big payday IPO with a Ponzi like enterprise that will likely never make any profits.
I-Like-To-Bike is offline