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Getbig Main Boards => Gossip & Opinions => Topic started by: GRACIE JIU-JITSU on May 09, 2014, 08:52:31 AM
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http://finance.fortune.cnn.com/2014/05/08/the-big-winner-in-apple-beats/
A sale for $3.2 billion would nearly double the value of Dre's holdings, though capital gains taxes could take a bite out of his big payday, likely leaving him with a net worth in the neighborhood of $800 million. It's not quite enough to land on the Forbes 400, but it would easily make him hip-hop's richest man, topping current champion Diddy by $100 million.
Although Dre cofounded Beats, last year the Carlyle Group bought a minority stake in the company for $500 million. According to Fortune's Dan Primack, the leveraged buyout firm will be "the big winner" in the deal:
Or, put another way, Carlyle may be about to triple its money in just eight months. Or, put even another way, Carlyle may book around $1 billion in profit before even celebrating its investment's one-year anniversary. Can't calculate the internal rate of return without specific data points, but safe to say it's massive
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I don't care how big the tax hit, I would be happy as fuck to add $800 million to my billions for just using my name on a product.
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He sold most of his shares in Beats By Dre a while ago, though. He won't touch $800 mil.
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Fuck Apple,Fuck Beats,and Fuck The Carlyle Group.
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Fuck Apple,Fuck Beats,and Fuck The Carlyle Group.
???
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???
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http://finance.fortune.cnn.com/2014/05/08/the-big-winner-in-apple-beats/
A sale for $3.2 billion would nearly double the value of Dre's holdings, though capital gains taxes could take a bite out of his big payday, likely leaving him with a net worth in the neighborhood of $800 million. It's not quite enough to land on the Forbes 400, but it would easily make him hip-hop's richest man, topping current champion Diddy by $100 million.
Although Dre cofounded Beats, last year the Carlyle Group bought a minority stake in the company for $500 million. According to Fortune's Dan Primack, the leveraged buyout firm will be "the big winner" in the deal:
Or, put another way, Carlyle may be about to triple its money in just eight months. Or, put even another way, Carlyle may book around $1 billion in profit before even celebrating its investment's one-year anniversary. Can't calculate the internal rate of return without specific data points, but safe to say it's massive
See my rant here in the Dupe thread on this same subject. I fucking prophesied this. I might as well fucking write for Fortune. If I wasnt so busy being resident editor and meathead wrangler here at GetBig, I probably would.
http://www.getbig.com/boards/index.php?topic=535751.0
Feels good to be good.
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apple's ceo should be fired if this deal goes through. the phones are worthless. it's the stream but apple already has that on the books with itunes. ceo ends up in Egypt on the end of a rope.
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apple's ceo should be fired if this deal goes through. the phones are worthless. it's the stream but apple already has that on the books with itunes. ceo ends up in Egypt on the end of a rope.
Don't rule it out. CEOs walk on very thin ice, people don't realize how easily they can be canned. They have far from total power, and when a deal that's unpopular or economically unsound goes through, that's usually the end.
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apple's ceo should be fired if this deal goes through. the phones are worthless. it's the stream but apple already has that on the books with itunes. ceo ends up in Egypt on the end of a rope.
iTunes sales have dipped. Beats Music is a new "trendy and hot" music service just like iTunes BUT is on the upswing. They are securing the market and taking out a threatening competitor. In addition, Beats is all about a "look". A big flat red cord and giant ear cups with the B on it. Its a trend and a hipster fashion now. It appeals to both urban culture and hipster culture so its a versatile target market. This is Apple's marketing bread and butter - a look, a fashion, a trend. That is as important to their products as the tech itself and always has been a focus. The android OS is way superior to iOS but idiots still want iphone. Now they corner the hottest ear cups to go with their existing devices and lock down more of the music revenue stream. It makes perfect sense if you knew a god damn thing but you clearly dont.
Thanks for weighing in on a billion dollar CEO's business moves from a fucking meathead loser forum full of dipshit WWE fans. Its about a trillion times lower than being an armchair quarterback. Especially when you're ass backwards WRONG from a strategic perspective. Just go fucking shoot yourself but dont do it inside your mom's trailer. You've put her through enough.
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Don't rule it out. CEOs walk on very thin ice, people don't realize how easily they can be canned. They have far from total power, and when a deal that's unpopular or economically unsound goes through, that's usually the end.
No CEO of any major corporation gets fired without a nice golden parachute to ensure a very comfortable landing.
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No CEO of any major corporation gets fired without a nice golden parachute to ensure a very comfortable landing.
That goes without saying. They call it a golden handshake. ;)
And with their experience they can just get another executive job in another company. It's nice to be on top. But CEOs are always insecure people on the edge of being fired, at least the ones I've seen in interviews or even met (small companies). Owning the business is always the way to go.
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That goes without saying. They call it a golden handshake. ;)
And with their experience they can just get another executive job in another company. It's nice to be on top. But CEOs are always insecure people on the edge of being fired, at least the ones I've seen in interviews or even met (small companies). Owning the business is always the way to go.
golden parachute...golden handshake...one in the same ;)
Golden parachute clauses can be used to define the lucrative benefits that an employee would receive in the event he or she is terminated
A whole lot of CEOs of a certain age who get let go never bother to work again, other than perhaps sitting on a couple of boards. Depends on their industry, actually. That is the reason for getting that clause up front to begin with.
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golden parachute...golden handshake...one in the same ;)
Golden parachute clauses can be used to define the lucrative benefits that an employee would receive in the event he or she is terminated
A whole lot of CEOs of a certain age who get let go never bother to work again, other than perhaps sitting on a couple of boards. Depends on their industry, actually. That is the reason for getting that clause up front to begin with.
Thanks for your analysis you fucking jobless cuban. Every 9th grader with cable knows what a fucking golden parachute is. Stop posting about it, you're cluttering my work.
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golden parachute...golden handshake...one in the same ;)
Golden parachute clauses can be used to define the lucrative benefits that an employee would receive in the event he or she is terminated
A whole lot of CEOs of a certain age who get let go never bother to work again, other than perhaps sitting on a couple of boards. Depends on their industry, actually. That is the reason for getting that clause up front to begin with.
http://www.forbes.com/2007/10/30/merrill-severance-compensation-biz-wall-cx_lm_1031failure_slide_2.html (http://www.forbes.com/2007/10/30/merrill-severance-compensation-biz-wall-cx_lm_1031failure_slide_2.html)
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Thanks for your analysis you fucking jobless cuban. Every 9th grader with cable knows what a fucking golden parachute is. Stop posting about it, you're cluttering my work.
LOL!
Whut? ???
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Well this is how we gonna' do this:
fuck Mobb Deep,
fuck Biggie,
fuck Bad Boy as a staff, record label, and as a mother fucking crew.
And if you want to be down with Bad Boy,
Then fuck you too.
Chino XL, fuck you too.
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http://www.forbes.com/2007/10/30/merrill-severance-compensation-biz-wall-cx_lm_1031failure_slide_2.html (http://www.forbes.com/2007/10/30/merrill-severance-compensation-biz-wall-cx_lm_1031failure_slide_2.html)
Yep, my point exactly. Right down to some specific people I had in mind. ;)
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:D
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Well this is how we gonna' do this:
fuck Mobb Deep,
fuck Biggie,
fuck Bad Boy as a staff, record label, and as a mother fucking crew.
And if you want to be down with Bad Boy,
Then fuck you too.
Chino XL, fuck you too.
Hit em up
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He sold most of his shares in Beats By Dre a while ago, though. He won't touch $800 mil.
Him and Iovine actually bough back a huge chunk of their shares back recently so he will make a good profit from it
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Hit em up
YES!
have you ever listened to chino XL? He deliverd the "Trying not to get fcked like 2pac in jail".
Listen to him... insane contemporary late 90s metaphors that older dudes like us will understand.
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YES!
have you ever listened to chino XL? He deliverd the "Trying not to get fcked like 2pac in jail".
Listen to him... insane contemporary late 90s metaphors that older dudes like us will understand.
I saw the lyrics for that song and he sounds like a tryhard.
Epic double chin and faking a beard into a jawline.
(http://upload.wikimedia.org/wikipedia/commons/thumb/1/15/Chino_XL_at_Toads_Place%2C_New_Haven%2C_CT%2C_March_2012.jpg/800px-Chino_XL_at_Toads_Place%2C_New_Haven%2C_CT%2C_March_2012.jpg)
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That goes without saying. They call it a golden handshake. ;)
And with their experience they can just get another executive job in another company. It's nice to be on top. But CEOs are always insecure people on the edge of being fired, at least the ones I've seen in interviews or even met (small companies). Owning the business is always the way to go.
I miss the days when you spent your time online advocating or Starbucks employees.
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YES!
have you ever listened to chino XL? He deliverd the "Trying not to get fcked like 2pac in jail".
Listen to him... insane contemporary late 90s metaphors that older dudes like us will understand.
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Rap is crap now.
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YES!
have you ever listened to chino XL? He deliverd the "Trying not to get fcked like 2pac in jail".
Listen to him... insane contemporary late 90s metaphors that older dudes like us will understand.
He is quite the lyricist. It's ironic how much attention he got from being mentioned in that 2pac verse
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Dre got rich by turning rap into 'violence and negativity for profit', but America does not give a damn. As long as you are rich, you are to be worshipped. ::)