How Dave Portnoy Sold Barstool for $500M Then Bought it Back for $1

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  • Опубликовано: 23 ноя 2024

Комментарии • 38

  • @muhammadsaeed6477
    @muhammadsaeed6477 Год назад +10

    Your video quality is insane for only having 1k subs you deserve much more. Great vid though, learned a lot.

    • @RaisedMedia
      @RaisedMedia  Год назад

      Thank you! Keep tuning in, more to come :)

  • @1129dover
    @1129dover Год назад +13

    August 2023 not 2021

  • @Zcarlat
    @Zcarlat Год назад +5

    great editing man, in the short timeframe too! very impressive!

    • @RaisedMedia
      @RaisedMedia  Год назад

      Thanks I rushed this one out! Glad you enjoyed

  • @Kata.reports
    @Kata.reports Год назад +3

    He is an inspiration

  • @zachzeurcher6450
    @zachzeurcher6450 Год назад +3

    I used Barstool to bet. I'm not going to use ESPN.

  • @davidlakhter
    @davidlakhter Год назад +6

    great video! interesting to note the major tax write-off benefit, cleaning their "reputation", developing a new betting company while basically revoking competition, and still having that 50% profit clause upon sale of Barstool. very interesting to think about who wins, but this is all gambling at the end of the day, except with lawyers - so fair bet lol. cool to see that Barstool remains its own entity though and excited for its future

    • @RaisedMedia
      @RaisedMedia  Год назад +2

      Yeah it’s a pretty rock solid deal for everybody involved. Dave obviously wins the most here

  • @jeffa964
    @jeffa964 6 месяцев назад +1

    Great production quality

  • @JournoMode
    @JournoMode Год назад +1

    Great video - I never knew he sold his stake then bought it back!

    • @RaisedMedia
      @RaisedMedia  Год назад +1

      Thank you! He sold the stake back in 2021 but he just bought it back!

  • @hudsonrenniewrites
    @hudsonrenniewrites Год назад +1

    Great video! I feel as though this channel deserves many more subscribers. All the best. 🙌

    • @RaisedMedia
      @RaisedMedia  Год назад

      Thank you! Aiming for 1000. Getting there…

    • @hudsonrenniewrites
      @hudsonrenniewrites Год назад +1

      @@RaisedMedia You're almost there! I'm working on getting monetized myself, so I know the struggle. 😅💪Hopefully, my watch minutes pushed you a little closer. 🙌

    • @RaisedMedia
      @RaisedMedia  Год назад +1

      Thank you! I’m surprised you aren’t monetized yet given your subscriber count (including one from me haha). Must be your watch hours? I’ll be watching all your videos on repeat to help the cause 💪🏻

    • @hudsonrenniewrites
      @hudsonrenniewrites Год назад +1

      Yes! The watch hours. I have about 500 left. I'm only starting to get consistent viewers now, so hopefully they add up soon. And, awesome! I appreciate you. 🙂🙏@@RaisedMedia

    • @RaisedMedia
      @RaisedMedia  Год назад +1

      @hudsonrenniewrites lol I’m at 3,726 hours. We can race 😎

  • @BarbaraM-u9v
    @BarbaraM-u9v Месяц назад

    One bite everyone knows the rules 🍕

  • @Internettoughguy547
    @Internettoughguy547 4 месяца назад +1

    Sounds like fraud

  • @limitless1692
    @limitless1692 2 месяца назад

    Disney owns a beting company
    Wait! WTF?!

  • @adammitchell2531
    @adammitchell2531 Год назад +1

    Your dates are way off lol - also other employees had shares too - he didn’t get the whole $550 mil

    • @RaisedMedia
      @RaisedMedia  Год назад

      I messed up the 2021 date when I meant to say 2023. This just happened. Obviously he didn’t get the whole $550 million lmao. When he sold to Penn he got around $100 million from it.

  • @alumcreator
    @alumcreator 9 месяцев назад +1

    Subscribed

  • @beachlife3772
    @beachlife3772 Год назад +1

    Top sport betting apps in the USA? Huh? What data are you looking at....

    • @RaisedMedia
      @RaisedMedia  Год назад

      Not long term, when they released the app it rose to the top betting app but that was quite short lived. Purely because it was new and had a lot of loyal fans download it all at once.

  • @livingmodern
    @livingmodern Год назад +1

    yet you can get around regulated gambling and illegal states by using VPN ...lol...

  • @Anon_Amous
    @Anon_Amous Год назад +1

    Remember when you buy a company you also buy the liabilities.

  • @weeknders
    @weeknders Год назад +2

    He paid what it's worth.
    Was popular.
    Now nobody watches.
    That's why Penn tossed it in the trash bin.
    LoL

    • @RaisedMedia
      @RaisedMedia  Год назад +2

      Lol because penn is public, you can see that barstool is quite unprofitable.