Man Turns Down A Half Billion Dollar Buyout Of His Company To Stay Black Owned

[eastside313]

If they offered 500 million for it, its because they see billions in it in the future.

sometimes they'll buy you out just to shut your product down and keep selling what they sell.

 

[Kings County]

where pride gon get u? u know what u could do with 500 mill ?

 

[Kings County]

If they offered 500 million for it, its because they see billions in it in the future.

gillette has the resources to make more of his product and better marketting

 

[philmonroe]

gillette has the resources to make more of his product and better marketting

Loyalty though. I don't know much about skateboarding but I think that happened with Nike and some established skateboard company. Forgot how it worked but just remember it was something like you were saying and at the time nike wasn't messing with whatever other company it was. Times might have changed though since I never kept up with the story

 

[Londilon]

That's what these white owned corporations do, buy out any potential new companies that might be a threat to them later down the line. There is a chart online that shows that most things are owned by a hand full of corporations.

 

[Momentum]

No guarantee he can get it to the billion dollar level. He royally fukked up.

Proctor will likely spend billions to destroy his brand and take his market share. At a certain point you have to sell to the big guys, or be prepared to go down with the ship. That's reality.

 

[606onit]

can we get a fukking link to support????????//

 

[feelosofer]

Yeah, I don't know if that makes smart business sense. Then again I don't have a company so...fukk do i know.

I own a small company and you're right, if a large corporation offers to buy you out you are usually at minimum worth 50% more than the offer more likely twice as much. Homie went and cornered a market that the big shave companies missed and they have no real way of getting them back or even stealing them away.

 

[Momentum]

I own a small company and you're right, if a large corporation offers to buy you out you are usually at minimum worth 50% more than the offer more likely twice as much. Homie went and cornered a market that the big shave companies missed and they have no real way of getting them back or even stealing them away.

Do you know how much money Proctor has

 

[itsyoung!!]

On second thought, I gotta keep it a trillion, Dollar Shave Club got the GOAT prices and they've held me down for a minute now. If Bevel can top 9.00 for a 6 blade razor then I'm fukkin wit em. Honestly, price means just as much to me as quality does so as much as I support Black Owned business on the daily this might be one buy that I gotta think about.

I'm still glad the brotha is doin his thing, I hope he sees much success in the future. I bet if he markets to the whole Diaspora and continent that he'll see an explosion in sales. This is of course contingent on the fact that his razors actually prevent bumps from occurring.

how are the blades compared to Gillette Fushion? I shave my head, face and neck every day so I cant risk irritated skin, bumps and razor cuts etc

 

[The Coochie Assassin]

can we get a fukking link to support????????//

Real talk. Cats just believing he was really offered 500 million I'd think this would be in other news outlets, like financial juneteenth

 

[Warren Moon]

I'm not saying you're lying just making a note of the conflict in information.

Vc deals are never open to the public until ipo

 

[YourMumsRoom]

Another Nas investment.

 

[TELL ME YA CHEESIN FAM?]

Ima check out his product
Can't rock with none of these cac jawns

 

[keepemup]

Vc deals are never open to the public until ipo

In what sense?