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He overpaid massively for the company, yes. That was a critical mistake and why its now encumbered with debt.
by adam_arthur 4y ago
He overpaid massively for the company, yes. That was a critical mistake and why its now encumbered with debt.
- sleepybrett 4y agoIt seems like playing chicken with "Don't make me pay this hugely overinflated price I promised or I'll crash the company." as your strategy maybe wasn't such a smart idea. Now he's out the money and has literally nothing to show for it. Meanwhile his other ego stock, which he somehow had manipulated into a wild overvaluation, is now crashing because everyone can plainly see that he's just kinda a dumb motherfucker.