Hoonigan In Bankruptcy with 1.2 BILLION IN DEBT! I Saw This Coming

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  • Опубликовано: 17 сен 2024

Комментарии • 244

  • @bradyknowzbest1149
    @bradyknowzbest1149 2 дня назад +2

    Hoonigan was a multi-million dollar business with or without block, that was doung just fine before they were bought out. The company bought it, and is now using it as a fall business in its bankruptcy to protect its other businesses. They bought hoon, and used its name to get tons of loans/investments into "hoonigan" but really for its other businesses.

  • @BILLYBOBB3080
    @BILLYBOBB3080 5 дней назад +28

    Unfortunately, Ken Block was the cash cow and name.

  • @andreashansen1475
    @andreashansen1475 14 часов назад

    Solid advice Rob. Stick to what you are good at :-)

  • @RhoadesStephen
    @RhoadesStephen 4 дня назад +28

    In the 50's my Dad worked a modest job, Mom stayed at home and raised the kids, and they lived a nice middle class lifestyle including owning a home. Nowadays both I and my partner works and can barely afford to make ends meet. Soon the kids and family dog will need to work to keep this household going. It's the destruction of the American dream right before our eyes.

    • @kinsmarts2217
      @kinsmarts2217 4 дня назад +2

      Send your kids to public school, nobody learns anything at achool anyway.

    • @rjai4890
      @rjai4890 День назад

      “My partner” 😂😂😂😂

  • @g60vwr
    @g60vwr 4 дня назад +33

    Newsflash: Private equity firms ruin every functioning business

    • @CampCucumber
      @CampCucumber 4 дня назад +1

      news flash, not true. Clearlake is actually one of the best firms out there.
      2012 fund generated 40% IRR, 2015 fund generated 29% IRR, 2018 has generated 39% IRR. But yeah, you know what you are talking about random guy on the internet who reads article headlines

    • @Bob_Smith19
      @Bob_Smith19 4 дня назад +6

      @@CampCucumberThey destroy businesses so their investors can turn a profit. Such a great business model and one that contributes to society in a positive way.

    • @CampCucumber
      @CampCucumber 4 дня назад +1

      @@Bob_Smith19 Again, people who literally have no idea how the industry works think they can read a headline and understand it. I bet you can't even name 1 company that a PE firm ruined. Weird, because I can name a bunch that turned out to be both great deals and great companies. But yes, I bet you sound very sophisticated when you say "private equity bad, they destroy companies, investors! business model!" lmfao

    • @austinh1028
      @austinh1028 2 дня назад

      @@CampCucumber You sound like you work for a Private Equity firm. I have never heard of any success stories or any PE victories. the specialty is gutting and bankrupting healthy companies. sell off properties, close offices, lay off at least 40% of workforce in waves, and deny raises indefinitely. 1% raises if you're lucky. let's see, K-Mart- gone, Sears (basically gone), toys-r-us gone, there's a TON of examples of failed businesses with a PE Firm behind the helm controlling everything. they still make their money anyway...
      PE destroys morale, destroys lives, in pursuits of profits. I know there are teacher's pension funds tied to many of them, but PE is cancer.

    • @spaceT999
      @spaceT999 День назад

      @@CampCucumber Don't think you know everything, every perspective has its truth

  • @NoBubbles
    @NoBubbles 3 часа назад

    Today, Mr. Spaghetti creates what appears like an illegal lottery by announcing a “giveaway” that requires a purchase to enter, and trying to skirt regulations by closing the “free mail in entry” deadline a few months before the giveaway is announced. (June 20)

  • @Butch12
    @Butch12 День назад

    Hey Rob, can you offer some insight on Nico from Pride & Pinion on his Ferrari problems at the Gumball rally in Vietnam? He is having a nightmare with his car!👍

  • @stuartpollock84
    @stuartpollock84 4 дня назад +22

    I need to learn how to load a ton of debt on my company, how to extract those funds and then declare bankruptcy

    • @joefarmer4238
      @joefarmer4238 4 дня назад

      Drop the link when you do!!😂

    • @swankshire6939
      @swankshire6939 4 дня назад

      It's pretty easy. Pay yourself a ton and raise capital from investors to get it started. All the debt is for the business and you still get a paycheck. When the business fails the business declares bankruptcy not you.

  • @mwrcrft
    @mwrcrft 5 дней назад +88

    It wasn't Hoonigan that was 1 billion in debt it was the investment concern Clearlake Capital that bought it Wheel Pros and other companies then decided to cash it out strip it nude and declare bankruptcy on what was left over. Clearlake Capital partners gets new yachts all around.

    • @NATECHEN
      @NATECHEN 4 дня назад +5

      LMAO this is so WRONG. Clearlake lost their investment by filing Chapter 11 and got wiped out.

    • @blackberrythorns
      @blackberrythorns 4 дня назад

      @@NATECHEN look into how private equity firms operate, this is typical. they invest about 2% of their money, attract intuitional investors, buy functioning businesses, load them up with debt, take out their money, business goes belly up, gets sold off piecemeal and the investors are hooped. pump and dump, it should be illegal.
      These Are the Plunderers: How Private Equity Runs-and Wrecks-America - Gretchen Morgenson

    • @flytoday
      @flytoday 4 дня назад

      @@NATECHEN *clearlake investors

  • @mastalee1776
    @mastalee1776 4 дня назад

    That's what happened to donut media too

  • @Unedited2022
    @Unedited2022 День назад

    Rob, are going to get a SF90 in your garage?

  • @mattgraham1983
    @mattgraham1983 2 дня назад

    🤔 in all honesty its a smart move by clearlake, Hoonigan would have had very little physical assets most if not all the big budget builds are owned by sponsors.
    I dont doubt Hoonigan was struggling as the audi deal didnt perform quite as well as expected along with taking on Travis, the race programs and other various overheads they would have been in the red so overload it with debt and clear the books for other companies

  • @stkrrauch1
    @stkrrauch1 4 дня назад

    ken block was the channel

  • @1jiveturkey1
    @1jiveturkey1 5 дней назад +313

    Today, Mr. Spaghetti says Hoonigan overcooked their meatballs to the tune of 1.2 billion noodles.

    • @modernhaze3
      @modernhaze3 5 дней назад +30

      Your service is appreciated sir

    • @bigpoppa611
      @bigpoppa611 5 дней назад +15

      I enjoy looking forward to these every video

    • @JakubVacek42
      @JakubVacek42 5 дней назад +7

      That's a lotta noodles!

    • @bluesagebrett
      @bluesagebrett 5 дней назад +8

      That's a lotta Parmesan

    • @ajgonzalez5109
      @ajgonzalez5109 5 дней назад +5

      I really hope these never stop. Thank you.

  • @somenygaard
    @somenygaard 5 дней назад +14

    1.2 Billion? I wonder if their Hoonigan air fresheners and stickers will be discounted at the auto parts store.

  • @TheTyisawesome
    @TheTyisawesome 2 дня назад

    Donut Media is next

  • @CGoody564
    @CGoody564 2 дня назад

    Wtf... I had no idea Ken Block died. JFC. I know, I'm dumb, but I'm really caught off guard right now.

  • @donaldcary7259
    @donaldcary7259 4 дня назад

    i agree with you 💯☑️

  • @juanvideofotos
    @juanvideofotos 4 дня назад

    Donut media could be next.

  • @xxsekoxx
    @xxsekoxx 4 дня назад

    Rob, such a good business guy! Always blunt, honest, and typically right.

  • @b1gdaddy317
    @b1gdaddy317 4 дня назад +1

    Well said

  • @philliphols
    @philliphols 4 дня назад +3

    How does this happen. A Billion is a HUGE number folks. Absolutely massive.
    1 million seconds is roughly 11 days.
    1 billion seconds it’s roughly 33 years

    • @jukee67
      @jukee67 16 часов назад

      People throw around billion and trillion when talking about business, politics, and money in general. Most have no idea how ridiculous the difference between a million to a billion and then a trillion... Unprecedented times

  • @Mental_Egg
    @Mental_Egg 4 дня назад

    Donut?!?!? Anyone.....

  • @BCNeil
    @BCNeil 3 дня назад

    We all knew it was over. When they started with the glowing reviews for Chinese cars.

  • @abigalanderson7494
    @abigalanderson7494 4 дня назад

    I want a better economy thats why I'm voting Trump

  • @ilikmlow6900
    @ilikmlow6900 5 дней назад +4

    Gotta remember its really Wheel Pros, under Wheel Pros theres like 50 different wheel brands

  • @ToStompU
    @ToStompU День назад

    ken block died and the whole company saw the hindenberg coming and left a few guys kept making videos but thats it

    • @user-mf6kz3ld5r
      @user-mf6kz3ld5r 13 часов назад

      You ever think all the ghosts of those that passed away, attempting to emulate block finally came to collect??

  • @ElisaTuscani27
    @ElisaTuscani27 2 дня назад

    Can people stop posting "Mr. Spaghetti" comments? When and where did this even start. Those comments are so stupid because they are in almost every single video.

  • @The_Brozilla
    @The_Brozilla 4 дня назад +7

    Today, Mr. Spaghetti explains why its better to jar your own sauce instead of getting into debt with the meatball mob.

  • @AndysGarageReviews
    @AndysGarageReviews 8 часов назад

    How the hell do you get in that kind of debt, damn I only owe $42,000 on my house then I'm debt-free, does anybody want to help I'm on disability

  • @bobthebuilder8223
    @bobthebuilder8223 5 дней назад +11

    Hoonigan thought they was gonna be the next redbull lowkey

    • @tommyhairyeah7726
      @tommyhairyeah7726 5 дней назад +7

      They could have been but you know someone died and they sold out to PE

    • @Bob_Smith19
      @Bob_Smith19 4 дня назад +1

      @@tommyhairyeah7726Ken is the reason they sold out. He was smart enough to know when to take the money bag.

  • @smaniz
    @smaniz 3 дня назад

    Who the hell says these days the economy is great?!!!

  • @2011blueman
    @2011blueman 5 дней назад +46

    Everyone saw this coming when the investors bought them and the talent all quit because of their douchebaggery. It was a leveraged buyout and they had no idea how to run the company they bought.

    • @ashishpatel350
      @ashishpatel350 5 дней назад

      The company needed to be bought out it was dead before pe bought it

    • @leejohnson6173
      @leejohnson6173 4 дня назад +1

      Yea you watched someone else's video and copied what they said almost word for word..good job acting like you knew anything lol

  • @CapeSIX
    @CapeSIX 4 дня назад

    Well ya if you can load a dying company up with debts legal and pay yourself and others out along the way… who cares when the floor drops out if the people on top make millions without repercussions?!? If it’s not braking the law they will continue to do it. It only hurts people without money.

  • @zdrux
    @zdrux 4 дня назад

    How TF do you rack up BILLIONS in debt?

  • @notfinancial_advice
    @notfinancial_advice 4 дня назад +3

    rob is a "buy the dip" type of guy

  • @40pike96
    @40pike96 4 дня назад

    i am buying hoonigan with all 1.2 billion debt if they pay me 600 million.

  • @ExeqtZugZug
    @ExeqtZugZug 4 дня назад

    What about that R129 SL500 with AMG SL1 / SL2 packages? I can't be the only one to see that classic.

  • @nobrakes425
    @nobrakes425 4 дня назад

    Ken block was hoonigan, it died with him.

    • @user-mf6kz3ld5r
      @user-mf6kz3ld5r 13 часов назад

      To me it seems like the souls of those that passed away emulating Block came to collect on his debt.

  • @cutliss
    @cutliss 4 дня назад

    What does hoonigan even sell?

    • @mattgraham1983
      @mattgraham1983 2 дня назад

      Content, murch, appearances for events, parts from sponsors/suppliers

  • @HE-162
    @HE-162 4 дня назад +2

    Nice to see Rob calling the economy being good for the corporations and maybe on paper, but in the real world for normal working people it’s fucking atrocious.
    The fact politicians(on both sides) will lie to our face and tell us that the economy is the best it’s ever been cause the GDP or the market numbers say things are a great, while we all know that doesn’t mean anything for how the working class people are actually doing, is egregious and downright criminal.

  • @roberteonta4659
    @roberteonta4659 4 дня назад

    Rob, please get some fire clips from adventure drive, even a road montage where you just fast foward some driving on a dash cam. Miss the old days but I still watch every video.

  • @evanduty6150
    @evanduty6150 5 дней назад +2

    I really wanted to see Suppy's awd Integra

  • @Ottofalcon
    @Ottofalcon 4 дня назад +1

    But you didn’t see the crypto scam video being a bad idea? Interesting.

  • @zookini
    @zookini 5 дней назад +2

    Talk about a cash out

  • @blackberrythorns
    @blackberrythorns 4 дня назад

    These Are the Plunderers: How Private Equity Runs-and Wrecks-America - Gretchen Morgenson

  • @GEN-X-
    @GEN-X- 2 дня назад

    When they started to just do this or that...I was over it. Nobody wants that lame show over and over. I unsubscribed from hoonigan and subbed to the block family. Throw my support where it's deserved.

  • @OnTourWithPattiSmith
    @OnTourWithPattiSmith 5 дней назад +15

    ONLY two reasons people quit jobs:
    1) insufficient compensation
    2) tyrannical coworker (usually a superior)
    💯

    • @Doubie.
      @Doubie. 4 дня назад

      They’ve all said it started as friends making money very unorganized not corporate at all and when ken died it became very corporate between the new corporate management style and Ken’s absence they decided to leave it wasn’t fun anymore just a corporate job that felt soulless

  • @Overtakergarage
    @Overtakergarage 5 дней назад +11

    If I’m not mistaken, allegedly isn’t this the same thing that happened to Randy from Savage garage where he got into too much debt?

    • @honchoxba
      @honchoxba 5 дней назад +3

      Sort of. Randy did dirty with Clarus funds, to pay for his toys. Like getting a huge windfall through a typo.

    • @MrLalasd
      @MrLalasd 5 дней назад +6

      No, he was embezzling money from his company(investors) to fund his lifestyle. He was about to get caught and go the jail.

    • @agent9184
      @agent9184 4 дня назад +4

      Randy Savage was doing fraud

  • @armandopatane5343
    @armandopatane5343 4 дня назад

    Yes economy sux = this PRESIDENT SUX

  • @dontcare3430
    @dontcare3430 3 дня назад

    Stupid me though that those shows existed on likes subs, RUclips money .
    The bigger the audience, the more money.
    Turns out everybody is an employee of somebody else.
    Manipulating influencers.
    Manufacturing consent.
    Cause enough is never enough.

  • @CGoody564
    @CGoody564 2 дня назад

    Bruh, you're in NY. You're never going to be doing economically well even when everyone else might be

  • @danjowithbanjo
    @danjowithbanjo 5 дней назад +17

    P.E. loaded "Hoonigan" with debt buying itself out from VC is my head canon

  • @Dorightby
    @Dorightby 4 дня назад

    Hopefully DDE doesn’t lose the block

  • @mattstone8878
    @mattstone8878 5 дней назад +26

    Robs hair is looking good. 👌

  • @christophermking8572
    @christophermking8572 4 дня назад

    DDE is renting/ owning the warehouse that hoonigan once was is. Are they going to loose this location in the bankruptcy.

  • @_IMNNO
    @_IMNNO 4 дня назад

    Debt to equity ratio 📉

  • @joemama38
    @joemama38 5 дней назад +1

    Donut, Hoonigan, who’s next?

    • @molives7
      @molives7 5 дней назад +1

      Not cleetus, not dude in blue, not 1320, self made self run will never fade from the fans 🫡

    • @borismcfinnigan3430
      @borismcfinnigan3430 4 дня назад

      ​@@molives7Hahahahahaha what the fck do fans have to do with anything? LOL, you're funny.

    • @ReglazeRX
      @ReglazeRX 4 дня назад +1

      Monster Garage American Chopper Etc.
      The era always ends.
      Badly.

  • @peterferreira9386
    @peterferreira9386 5 дней назад +1

    This is just like Lefty from Mulberry Street when they do a bust out

  • @colevandevijver1738
    @colevandevijver1738 5 дней назад

    Just bought my poster, signed of course. can’t believe how cheap it is for an autograph i would easily have paid $5k for an authentic Ferretti signature

  • @jf9457
    @jf9457 4 дня назад +2

    Crypto scammer shouldnt be bad mouthing anyone.

  • @natehydrv1661
    @natehydrv1661 4 дня назад

    I think it was always the plan to flush all this bad debt by using Ken blocks passing.

  • @user-uk4wm3hr8t
    @user-uk4wm3hr8t 4 дня назад

    Will not be a good time in Charleston maybe when you get around Lewisburg and afterwards

  • @andrewsimckes5748
    @andrewsimckes5748 5 дней назад

    They own Throttl as well so I wonder how that will work out now.

  • @venom5809
    @venom5809 5 дней назад +49

    Private equity. SMH. Makes me wonder about that Steve Hamilton guy, dude spends money like he's a drug lord, something is off with him.

    • @somenygaard
      @somenygaard 5 дней назад +9

      Profit margins on custom wheels can be pretty significant.

    • @yungkidnf
      @yungkidnf 5 дней назад +7

      Steve is fairly open with his finances.

    • @venom5809
      @venom5809 5 дней назад +9

      @@somenygaard I actually have a neighbor that actually sold his company last year for $1.3 billion and his house is maybe $1.2 million, maybe. I know quite a few billionaires and near billionaires and they spend a small fraction of what that guy does, got one here in town that owns like 50 car dealerships around the country and lives in a $400,000 house.

    • @venom5809
      @venom5809 5 дней назад +11

      @@yungkidnf I had a neighbor that was a pretty open guy with his finances and whatnot, didn't live particularly large either, then one day the FBI raided his house and he got 25 years for embezzling over $18 million. Anyone can tell you anything they want, doesn't mean squat. I literally have a drug lord that lives in my neighborhood whose family launders money through their liquor stores.

    • @andrewsimckes5748
      @andrewsimckes5748 5 дней назад +5

      Steve Hamilton owns the wheel companies and he had taken a bunch of pr9fits put the money out into other businesses well those businesses were doing so well he sold those plus he has real estate

  • @jeoboden
    @jeoboden 5 дней назад

    hope i win. went to hofbrauhouse in vegas, great time. can only imagine germany

  • @michelfortier9563
    @michelfortier9563 4 дня назад

    Any time private equity buys a company, get ready. management shake-up, highly leverage with massive debt. There's never anything good about private equity. Oh, and I worked for private equity therefore I had a front seat on their model of destruction.

  • @user-ke8qh6yf5t
    @user-ke8qh6yf5t 4 дня назад

    Bankruptcy is nature's way to start again - Creed Braton.

  • @msing400
    @msing400 4 дня назад

    So greed and the end of PPP “loans” is creating the turn to reality.

  • @bukzon
    @bukzon 3 дня назад

    weasle

  • @Mr_CJ_rambo
    @Mr_CJ_rambo 5 дней назад

    Is GDC getting a Purosangue?

  • @brynmichael8029
    @brynmichael8029 5 дней назад

    What happens to DDE Headquarters The Blok!

  • @Don-xl7me
    @Don-xl7me 4 дня назад

    Just proves Ken block was worth a billion not the company

  • @wespeterson4910
    @wespeterson4910 4 дня назад

    If i had all the money in the world...nows the time to buy the hoonicorn.....

  • @Sir......
    @Sir...... 5 дней назад +16

    HOW in the world did they get that much debt?!?!?!

    • @johnnychimpo7539
      @johnnychimpo7539 5 дней назад +10

      Fraud

    • @chigga311
      @chigga311 5 дней назад +2

      Hoonigan owned a whole bunch of wheel companies underneath them. All those wheel companies are probably where that 1.2 B is in

    • @TheCobruhAlienat0r
      @TheCobruhAlienat0r 5 дней назад +8

      Private equity firms buy up companies and they cut hours and demand more output and then load up the company with debt and use the money the company makes to pay the debt until they go under and they file bankrupty to make the debt go away and repeat.

    • @blackberrythorns
      @blackberrythorns 4 дня назад +3

      These Are the Plunderers: How Private Equity Runs-and Wrecks-America - Gretchen Morgenson

  • @Lance_p84
    @Lance_p84 5 дней назад +1

    This is America

  • @moneyparhar
    @moneyparhar 4 дня назад

    Hoonigan is overcooked like meatballs

  • @scottyaugustinefennell-rod2178
    @scottyaugustinefennell-rod2178 4 дня назад

    Hoonigan going bankrupt, I figure Donut may be next in that list.

  • @andrewengland971
    @andrewengland971 4 дня назад

    Hoonigan needs to be laid to rest with Ken.

  • @detgoat
    @detgoat 5 дней назад

    i wonder if donut is about to suffer a similar fate??

  • @NATECHEN
    @NATECHEN 4 дня назад

    If you had just skimmed through the bankruptcy filing, you would have an accurate understanding of the situation rather than speculating on a topic that is out of your depth.

    • @CokefishR
      @CokefishR 4 дня назад +1

      I don't think he cares

    • @NATECHEN
      @NATECHEN 4 дня назад

      @@CokefishR Why opine on something you have no understanding of then. You don’t see me talking about the best way to cure cancer.

    • @CokefishR
      @CokefishR 3 дня назад

      @@NATECHEN Even if you did no one would care

  • @SinfulEuphxria
    @SinfulEuphxria 5 дней назад

    they're HOW MANY in WHAT??

  • @smooth_ops2942
    @smooth_ops2942 5 дней назад

    Seems like every business that starts small and gains traction and grows to being a market player, always sells out to some investment firm which pays big money to which the founder sails off into the sunset. Seems everytime this happens its almost a matter of time before that business implodes as the main breathing force or soul of the company set sail and left a hollow shell of once greatness filled. Capitalism has alot of great sides to which this country was built on, but damn it has these kind of downsides that almost seem necessary to keep the whole thing moving along......Welp!.....TRUMP2024🇺🇸✊🏻✊🏿✊🏼✊🏽🇺🇸!!!!!

  • @Czechbound
    @Czechbound 4 дня назад

    It appears everyone is leaving Donut Media after they were acquired. I wonder will they be next ....

  • @aria8928
    @aria8928 4 дня назад

    the hoonigan that went bankrupt is the wheelpros parts stuff, not the hoonigan media machine. so they're probably going to sell off a half dozen shitty rep-wheel companies.

  • @matthewwilliams9200
    @matthewwilliams9200 5 дней назад

    If you spend big on loans to buy companies or properties you will likely crash and burn most if not all.the assets is extremely high

  • @UltraMagnis
    @UltraMagnis 5 дней назад +2

    I find it really sad....Ken Block would have never let this happen if he was alive. He built a brand for car guys, the dreamers and the unique individuals in the car scene.
    Now its just generic bs car stuff, hosts that are hired for their following rather then talent and it just turned into a regular car channel that has 1000 subs. The shoet sightedness of private equity firms has always been an issue. They care too much about profits and not the talent behind the scenes that created the profitable business in the first place. They then throw money at the problem and wonder why the roi isnt happening.
    Private equity has its place in the world....but in entertainment they always seem to ruin it and then just cast it aside.
    And you can bet money that if the talent left, more behind the scenes left too. Which creates instability in the works place, scrambling to solve the issue and that leads to bad quality content and unnecessary spending.

    • @lasskinn474
      @lasskinn474 4 дня назад +1

      it's not the show that's "bankrupt" although the show is 99.99999% probably losing money too. the owners businesses are all bleeding money.

    • @UltraMagnis
      @UltraMagnis 4 дня назад

      @@lasskinn474 private equity always run with paper thin margins. It take a lot of control to keep them going. They spent and spent and spent obviously having that much debt. Rois were below average for sure and this is how you end up bankrupt

    • @Rainmotorsports
      @Rainmotorsports 4 дня назад

      He sold the company. Technically he is the one that let this happen. Once you sell that's it. Things were downhill before he died.

    • @UltraMagnis
      @UltraMagnis 4 дня назад

      @@Rainmotorsports did he sell it before he died or did it happen after he died? If after it would have been the board of directors that sold it not him

    • @Bob_Smith19
      @Bob_Smith19 4 дня назад +2

      Ken is the one that sold out and took the money bag. This outcome was inevitable as soon as Hoonigan signed on the dotted line.

  • @captain_context9991
    @captain_context9991 5 дней назад +12

    OK this explains why DDE managed to buy out their enormous facilities for a relatively good price.

    • @Jurassic974
      @Jurassic974 5 дней назад +5

      They dont own that building, they rent from Hoonigan. Don't remember if it's a sublease or what. So this bankruptcy could affect them as well.

    • @bryanchristie8039
      @bryanchristie8039 5 дней назад +3

      ⁠@@Jurassic974it’s a sublease hoonigan had a so many year lease they probably didn’t want to brake and owe a crazy amount of money to the landlord so DDE moved in so hoonigan didn’t have to break the lease

    • @Havoc_762
      @Havoc_762 5 дней назад

      ​@Jurassic974 Its a sublease.

    • @captain_context9991
      @captain_context9991 5 дней назад

      @@Jurassic974
      No, they made a video about buying the building at a great price.

    • @vitaliy9932
      @vitaliy9932 5 дней назад +3

      ​@@captain_context9991they made videos about buying each one of their cars but most of them they lease, in other words long term rental.

  • @q1joe
    @q1joe 5 дней назад +3

    Economy good doesn't mean your going to have a "top" year every year... that is unsustanable and why we are in this position in the first place, someone gave away free money to boost "economy" numbers and now we are paying the price.

  • @netspytr
    @netspytr 5 дней назад

    Scary

  • @normangarland6558
    @normangarland6558 5 дней назад

    Good common sense talk!!

  • @christoner2666
    @christoner2666 5 дней назад

    Hoonigan was broke before Ken Block passed and now nobody wants to admit he was bankrupt. God bless his kids, hope they pull a Donald Trump

  • @AngryOlive_
    @AngryOlive_ 5 дней назад

    Who gave them 1 billion dollars

  • @asaptherm
    @asaptherm 5 дней назад

    Is this why they always do those car giveaways lol

  • @Safexscape
    @Safexscape 5 дней назад

    I blame Hert. Hert sucks

  • @michaelm6574
    @michaelm6574 5 дней назад +3

    Rob missed the mark on this one, its the Classic private equity buy out.
    Ya see the same thing with like Toys R Us. It's easier than ever to make money out of Nothing, banks don't even need that 10% reserve anymore.

    • @molives7
      @molives7 5 дней назад

      That’s what he was saying 😂
      You missed the mark

    • @leejohnson6173
      @leejohnson6173 4 дня назад +1

      No how he said it just went over your simple mind

    • @Lobonova
      @Lobonova 4 дня назад

      Tell me how to make money out of nothing.

    • @blackberrythorns
      @blackberrythorns 4 дня назад

      @@Lobonova get a loan from a bank, use your credit card... you're creating money from nothing and the banks are facilitating it. a mortgage is just double entry book keeping for a bank.

  • @jmike8934
    @jmike8934 5 дней назад +4

    It screams of a bad investment elsewhere (cough crypto) and piling it into the easiest target to sink.

  • @GBHeiser
    @GBHeiser 5 дней назад +5

    Good. Horrible loud and obnoxious brand.

  • @colesteven1123
    @colesteven1123 5 дней назад

    Kinda hoping it hits donut media next.
    They used to be funny. Used to do awesome stuff.
    Now. Their other channel is far superior, and its literally 2 mechanics sitting around reacting to dumbass car related videos

  • @chir0pter
    @chir0pter 5 дней назад

    NFW a billion???