The word is she comes from money. It makes sense because while he used to just be rich people broke, now he’s actually broke broke. She’s taking care of him
Dame Dash ordered to sell Roc-A-Fella records shares
- Thread starter Forlife44
- Start date
lol.. yall nyggas really being slow.I don't feel sorry.
Karma...
Dame bout to get paid.
overpaying for a 1/3 of reasonable doubt is a terrible business decision
that album only holds weight to jay & Biggs
that dude probably would just give it to jay & Biggs for a lil more than the courts decsion
that album only holds weight to jay & Biggs
that dude probably would just give it to jay & Biggs for a lil more than the courts decsion
vdfebduderocks
Pro
so they're actually forcing him to sell 1/3 of Reasonable Doubt. You'd have to think it's worth more than $2.5M. Dame better hope so. Problem is that because he's forced to sell, the leverage is against him. Also, this price point will be the base for any future valuations of RD.
yeah but the flipside is Jay celebrity and hip hop folklore might inflate the price beyond true market value
Case in point..... that Wu album that martin shkreli bought..... who's REALLY checking for Wu albums like that in 2020 or whenever it was?
some rich hip hop nerd might break him off
Awesome Wells
The Ghost of Jack Tripper
People on here just be typing to type, lol. And don’t know sh*t about how this works.
Dame has been holding on to the shares because he's felt they're worth way more than what Jay was offering before. Hov didn't want Dame selling them to an outsider, so he offered to cop them directly from Dame. Back then, Dame said he knows what they're worth so he's not selling them at a discount. He's accumulated some debt that he hasn't been able to cover. So typically, when you don’t have the cash, they go after your viable assets.
This is a very viable asset. So he can get the kinda bread he'd like for his shares, cover his debt, and most likely, still be able to pocket something once he's out of the red. Whatever he gets for the shares themselves will be way more than what his current debt is, that he's being asked to settle. So this is definitely a W for Dame. It's just sad that he's in a position where he's being forced to do it, and it's not by choice.
Dame has been holding on to the shares because he's felt they're worth way more than what Jay was offering before. Hov didn't want Dame selling them to an outsider, so he offered to cop them directly from Dame. Back then, Dame said he knows what they're worth so he's not selling them at a discount. He's accumulated some debt that he hasn't been able to cover. So typically, when you don’t have the cash, they go after your viable assets.
This is a very viable asset. So he can get the kinda bread he'd like for his shares, cover his debt, and most likely, still be able to pocket something once he's out of the red. Whatever he gets for the shares themselves will be way more than what his current debt is, that he's being asked to settle. So this is definitely a W for Dame. It's just sad that he's in a position where he's being forced to do it, and it's not by choice.
DeuceZ
Li pitit gason
Was just thinking that's what the broke bosses caption was about....
Pride cometh before the fall.....
Not an attempt to shield him from critique...
But, the crash burn bankruptcy insolvency conclusion is among the set of standard outcomes of successful entrepreneurs ...
N thats before considering the masses of aspirant business people never even get far from the ground
The popular rhetoric around business creation and maintenance has been very romantic... this is how that shyt commonly goes.... it just isn't a form of commercial entertainment. If you got that "black business" shyt in your mouth, these examples shouldn't be taken as a cheap spectacle
But, the crash burn bankruptcy insolvency conclusion is among the set of standard outcomes of successful entrepreneurs ...
N thats before considering the masses of aspirant business people never even get far from the ground
The popular rhetoric around business creation and maintenance has been very romantic... this is how that shyt commonly goes.... it just isn't a form of commercial entertainment. If you got that "black business" shyt in your mouth, these examples shouldn't be taken as a cheap spectacle
Awesome Wells
The Ghost of Jack Tripper
Was just thinking that's what the broke bosses caption was about....
Pride cometh before the fall.....
Biggs is corny.
Dude snaked Dame the minute he felt he could get close to Jay again. Only person looking out for Biggs when he was locked up, was Dame. Helping him with bread, and looking out for his family, paying their bills and sh*t. Whole time he was locked up, he initially said he didn't even hear from Jay. Then Jay gave him a job, and the whole script switched up, and then all of a sudden he stopped returning Dame's calls.
This business is foul. And dudes will snake you for a quick check the minute they have access to one.
DeuceZ
Li pitit gason
I don't know these brehs personally. Prayers to all parties involved
Iverson_64
Superstar
VladTheImpaler
The Sensational Prince
Maybe he can use some the that Chips Cookies empire he told us about on the breakfast club.
The God Poster
LWO representa
For his sake let’s hope he won’t be in the same situation 3 years from now.
I seriously doubt dame wanted to lose his 1/3 this way
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