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Message
re: LIV Golf off-season thread
Posted on 1/16/25 at 5:25 pm to BBONDS25
Posted on 1/16/25 at 5:25 pm to BBONDS25
You lack any brain comparing Amazon, a company generating over 100 million in sales in year 3 to what Liv did in year 3
Amazon was generating over 1 frickING BILLION IN SALES by year 5
But talk about the loss in order to try and put this in any universe relevant to what LIV is doing
Losing money is normal, losing billions when you aren’t even producing 10 million in revenue is completely unattainable on any real final market scenario
Trying to compare to Amazon when they were actually producing billions in revenue is asinine
Amazon was generating over 1 frickING BILLION IN SALES by year 5
But talk about the loss in order to try and put this in any universe relevant to what LIV is doing
Losing money is normal, losing billions when you aren’t even producing 10 million in revenue is completely unattainable on any real final market scenario
Trying to compare to Amazon when they were actually producing billions in revenue is asinine
This post was edited on 1/16/25 at 5:28 pm
1
Posted on 1/16/25 at 5:41 pm to lsupride87
quote:
Trying to compare to Amazon when they were actually producing billions in revenue is asinine
You keep talking about revenue. I’m talking about profits and losses. You ignorantly said losing a couple hundred million a year is objectively a failure and unprecedented. I proved Amazon was losing more than that. You got caught opining from a place of complete ignorance. It’s no big deal. We are used to it with you.
Posted on 1/16/25 at 5:47 pm to BBONDS25
Yeh you dimbass percentage of revenue to net loss is kind of important 
Losing 1 billion while making 10 million( 1.01 billion in expenses 10 million in revenue) is far different that losing 1 billion while making 1 billion (2 billion in expenses and 1 billion in revenue)
One shows potential for success by either a. Expenses reducing as time goes on or b. Revenue increases to over take expenses
Losing 1 billion while making 10 million( 1.01 billion in expenses 10 million in revenue) is far different that losing 1 billion while making 1 billion (2 billion in expenses and 1 billion in revenue)
One shows potential for success by either a. Expenses reducing as time goes on or b. Revenue increases to over take expenses
Posted on 1/16/25 at 6:02 pm to lsupride87
quote:
Yeh you dimbass percentage of revenue to net loss is kind of important
I showed you the losses. Read the article. You were wrong. You should be used to it by now Moving the goalposts makes you look weak-minded and unable to admit you were wrong.
This post was edited on 1/16/25 at 6:03 pm
Posted on 1/16/25 at 6:05 pm to lsupride87
This is the very straight forward question you asked:
I did just that. You were ignorant to the facts. No big deal.
quote:
Please show me Amazon losing nearly hundreds of millions annually
I did just that. You were ignorant to the facts. No big deal.
Posted on 1/17/25 at 11:16 am to lsupride87
quote:
Doing an expansion league for a sport that already has a niche following is almost certain to fail. The only reason LIV isn’t considered a failure currently is because it is backed by money that is endless
That probably won't be the case going forward. The PIF is clearly pulling back in FDI, though apparently al Rumayyan sees LIV as something of his baby. I just don't see where the revenue is going to originate - it was telling that the Fox announcement didn't mention a $ figure; I am guessing that they either got the property free or for a pittance and LIV is still paying for production like they were with the CW.
Just get the deal done and get this over with. A merger will happen quickly thereafter. And the Tour needs to badly, badly restructure its governance.
Posted on 1/17/25 at 11:31 am to BBONDS25
The Amazon comparison is asinine. The entire market size for professional golf globally is smaller than what Amazon was bringing in all on its own by 2007. Investing that kind of capital in a start up in a rational market requires high growth avenues relatively quickly. Do you think Sequoia, Andreessen, Silver Lake or KKR, Carlyle, Bain, et al had or have any compunctions about co-investing with the Saudis? No, because they already do it all the time. I can promise you at least a few of them were approached at one point about backing LIV. Why do you think they all turned it down? Because it's a piece of shite financially.
No company is lasting more than a few years with net income % of, what, (500)% year over year unless they're backed by a sovereign wealth fund and profitability isn't the goal.
No company is lasting more than a few years with net income % of, what, (500)% year over year unless they're backed by a sovereign wealth fund and profitability isn't the goal.
Posted on 1/18/25 at 8:24 am to AbuTheMonkey
quote:I will never understand why Jim and Bonds and other LIV fans just won’t admit that. It 100% would be cancelled already if it didn’t have an endless money pit
No company is lasting more than a few years with net income % of, what, (500)% year over year unless they're backed by a sovereign wealth fund and profitability isn't the goal.
Posted on 1/18/25 at 7:10 pm to lsupride87
quote:
I will never understand why Jim and Bonds and other LIV fans just won’t admit that. It 100% would be cancelled already if it didn’t have an endless money pit
Still salty I called you out on your ignorance?
It’s no big deal man. Move on. Posted on 1/18/25 at 7:11 pm to AbuTheMonkey
quote:
The Amazon comparison is asinine.
I simply pointed to another business that was losing hundreds of millions. Lots of tech companies were in the same boat.
quote:
can promise you at least a few of them were approached at one point about backing LIV.
Link?
Posted on 1/22/25 at 10:40 am to JimTiger72
quote:
Will be fun to watch more golf 2/6-2/8 with LIV teeing off at 9am CT & then WM Open in the afternoon.
It says that’s 6PM Saudi time, I guess they’re playing night golf?
Loading Twitter/X Embed...
If tweet fails to load, click here. More Golf
Posted on 1/27/25 at 11:09 am to JimTiger72
quote:
It’s looking like Pat Perez & Chacarra, who both finished above the drop zone in the “open” zone will most likely be off of teams for 2025.
Pat announced that he is joining the LIV broadcast team this season. Good way for him to stay on the payroll
Loading Twitter/X Embed...
If tweet fails to load, click here. This post was edited on 1/27/25 at 11:11 am
Posted on 1/29/25 at 8:57 am to BBONDS25
quote:
quote:
The Amazon comparison is asinine.
I simply pointed to another business that was losing hundreds of millions. Lots of tech companies were in the same boat.
Sure, and there was the potential of tens and hundreds of billions of revenue and 13 figure valuations. Not a couple of billion at absolute maximum in the very best case, hence why it was and is a financial piece of shite and they got basically no co-investors.
quote:
quote:
can promise you at least a few of them were approached at one point about backing LIV.
Link?
Common sense, knowledge of how the PIF operates, Phil's long-standing relationship with Silver Lake, and a bit of insider knowledge.
Posted on 1/29/25 at 4:18 pm to JimTiger72
quote:
22 year old Tom McKibbin from Northern Ireland joining Rahm’s team.
Finally confirmed, I’m sure Rory’s comments helped him negotiate a couple extra $M’s
Loading Twitter/X Embed...
If tweet fails to load, click here. Posted on 1/29/25 at 4:42 pm to AbuTheMonkey
quote:
Common sense,
In other words, pure speculation. Got it.
Posted on 1/30/25 at 12:08 pm to lsupride87
quote:
Departing LIV golfer Eugenio Chacarra
14 LIV golfers playing in the International Series India this weekend & guess who is T1 after round 1
His replacement on Sergio’s team was +9
Seems like he found himself some motivation
Loading Twitter/X Embed...
If tweet fails to load, click here. Posted on 1/30/25 at 11:01 pm to BBONDS25
quote:
quote:
Common sense,
In other words, pure speculation. Got it.
No
Posted on 2/25/25 at 6:36 pm to AbuTheMonkey
Posted on 2/25/25 at 7:42 pm to lsufball19
This sounds like something Mr. LSU would share.
I believe it was a 4 year contract with LIV back in 2022
I believe it was a 4 year contract with LIV back in 2022
This post was edited on 2/25/25 at 7:50 pm
Posted on 2/25/25 at 7:54 pm to JimTiger72
quote:
I believe it was a 4 year contract with LIV back in 2022
Did they ever share the actual details of anyone’s contract? IIRC the details of LIV contracts are all speculation publicly just like NIL deals are
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