Tai Lopez was the sole reason I purchased RUclips premium. After years of streaming for free he pushed me over the edge to actually pay so I could stop listening to his commercials.
come to find out, he might have a deal with youtube so he gets paid to annoy you until you go ahead with the ytb premium thing. that would be some genius evil shit lmfao
Their favorite shyster answer is “I was hesitant but when I found out about this opportunity I knew I had to bring in to all of you.” I wish RUclips would restrict some of those guys.
Just a Question, what's the difference between what Tai is doing and what Grant Cardone does with his Cardone Capital? and what Ryan Pineda is about to do with Pineda Capital? someone explain..
Because business's you know are real and can be here today gone tomorrow. I can wake up drive down the street and see the companies I have invested in. Crypto..... I login to my wallet and look at my 0.00000000000001 coin I "own" "I DONT OWN CRYPTO". The government cracks down on crypto like the chinese government stopped mining bitcoin my fake token I dont get to hold is now taken from me. Along with thousands of other people who bought a whole coin just like that grocery store 16million 10 million 1 million dollar investors down the money they invested everyone needs to eat to survive if this kind of store can go bankrupt anything can vanish invest in what you KNOW is a good investment now what you THINK is a good investment.
It’s funny and odd that he’s seeking $400k on Instagram from random strangers. Wouldn’t a savvy successful businessman already have a network of people with enough capital willing to fund his ventures?
Those people arent dumb enough to invest on a whim and will have their team of lawyers and financial experts look into it. Those will likely either find something really dumb, illegal or on the edge of illegal. The ig ad focuses on unicorns who have made their money overnight, be it crypto jumps and lucky pull out or something like insurance, death will. Basically people who arent completely dumb to just waste money, but not smart enough to actually pay people to wealth manage their accounts and invest smart.
@@wardedopinions3361 it's 2020's. there's a really long list of people with money who have been dumb enough already in 2020's, the money can also be from normal business, accumulated over time from working etc. what the victims need to have is money, have confidence in themselves that they're not stupid(despite being stupid) and be coaxable into an "opportunity". plenty of people who should know better fall for nigerian letters with dollar signs in their eyes about having more dollars, they're a shark, they know an opportunity when they see one etc. for those this makes more sense than a nigerian letter. the frigging ad itself is meant to just straight up make those people feel special, that they are special smart people who qualify because they have money, they wouldn't get scammed because they're qualified! they have money! this is an opportunity for smart people!
I work in investment banking, it is common practice to issue an offering for the acquisition of a company with a termsheet at a higher share price. Perfect example of this is Sotheby's the only difference is the auction house was a great acquisition lol
@@Dan-Chrssy Sotheby's was nearly double the market price. Prices went from 30 a share and buy out was 55...furthermore, this is scammer lopez we are talking about. He's probably going to attempt a low float high volume pump and dump.
When Stein Mart went out of business I felt like I had lost an old friend. I had shopped there for decades, they're irreplaceable. Then one day I got an email from Stein Mart online. Hurray! Yesss! They're back!...only clearly this wasn't the same company. $200 scarves? $450 dresses? Not the same store and now I understand why. Thanks for this video.
The share price stuff (@ 10:15)- absolutely not a normal practice. The brand names in these "purchases" are probably only there to attempt to build credibility for some possible bigger end game. They might even be purposeful loss leader deals. While it might be possible to monetize these brand buys into some ecom play, I can't imagine anyone with a brain touching this with a 10 foot pole. Anything those brands can do online can get Amazon'ed with ease. You're also dead on with the 300m deal talk.... deals like that are baked with debt. IE- the first 150-200m goes to debt service, then the remaining 100m goes to share holders, which at that point can be 100s of people/entities. Often times, founders, by the time valuations are that high may only have 10%. So maybe 10m to the founder. That's fairly common. But I have no idea the details of that specific deal... But what I do know... is that it's NEVER as glorious as it sounds in the headlines, whether 300m, or 2B... whatever. Side note- the jet they are showed to be exiting is truly a starter millionaire jet. You can fly that thing for like $3000/hr. People with 300m wouldn't be caught dead on a small Citation (known as the slowtation). 😂
Spot on comment. The dead giveaway is them advertising to the general public to raise capital. Laughable of you're a real player in M&A. Those guys have networks of PE firms and $100MM investment funds they pitch, not regular Joes making $200K. 🙄
The whole "read a book a day" is even smarter when you realize the guy also had a company that sells book summaries. Create a problem and sell the solution right?
How the fuck are you reading ten books a day unless they are picture books. So you don’t have a job? Or is this in between posting obvious bullshit on RUclips?
He was just one of the first to put the ads on RUclips. People like Tony Robbins have been selling lifestyles for years before tai. Idk exactly when Tony got into the game back I know there were more even before him. Back in the day the real fake gurus would buy late now tv commercials
@@WhoCaresMyGuy yea, like Ed Beckley, Dave del Dotto, Carlton Sheets, Charles Givens,, the list goes on and on, oh yes Tom Vu and all them pretty hoes in his ads!
I used to work for a company that took old-school businesses online with Amazon FBA + Shopify. Not saying it's not lucrative but ultimately we had to have lenders to buy inventory from the client - so we were basically their customer, with exclusive rights to sell their products online and it was extremely difficult. So I wanna see Tai and his partners succeed actually because I always thought it was a great business if run well.
What Tai is doing is ridiculous and shows he knows nothing of growing a business, once he gets someone's money and buys the website, all he does is puts up cheap chinese products to generate "revenue". He bought Dress Brn's website and turned it into a store that sells facemasks and claimed he increased revenue by 250% while selling almost NO dresses. Now that the scamdemic is basically over he's back to almost no revenue there.
@@michaelsasylum face mask is on demand dresses aren’t. How I know I resell singular dresses from companies that better then each brand name he borrowed the name of and considering the economy situation . He doesn’t have background wisdom on this stuff, I thought it was weird when I saw that he did this, even worst if he never even been in those stores. Radio shack, Dressbarn and Models aren’t good stores at all. He not even an inventor or a creator for physical product like this, how I know because he copies a lot more. there a lot of people like this. He using what works for him though, using existing “targeted” demand. He have mad Farming related skills that what he really great at honestly.
Lol, omg Zoosk. I haven't heard that name in years. I was once offered a job with them, but after a few interviews, just about everyone was a dirt-bag so I turned it down.
A guy who never build any real successful company in his life wants other people's money in order to turn popular brands into e-commerce giants. That's a joke right there!!!
He used to run a few dating websites that was double charging people's cards. Probably made some good money there. That and he runs the company of his personal brand, selling all these courses. So he does have some kind of experience I guess. But yeah he's a meme.
He's out in Virginia milking a wealthy investor of millions of dollars buying defunct WEBSITES, not companies, and basically turning them into stores that sell facemasks like he did with Dress Barn. They are all losing tons of money and now he's back at the internet milking average joes of their hard earned money.
@@AJ-gn1qu And who are you going to trust running that syndication? Tai or someone who has years of experience buying distressed assets such as IP? NO legitimate investors is going to trust this guy to run the show unless his fees are ridiculously low relative to the expected return.
There is usually some sort of a "control premium" paid when acquiring a company, but 2x is massive. Usually in the ballpark of 1.1-1.5x trading price. Not sketchy per se but those two must have a LOT of faith in that company. That or they got into a bidding war.
@@malamute4793 you are right. 18% is still minority ownership, so I can't imagine they will have much of a say in the actual operations of a business. I'm only really familiar with majority ownership / LBOs so not sure on that dynamic
He's not acquiring companies, he is buying their website, domain name, and mailing lists at a massively overinflated price. He HAS TO WIN them no matter the cost because of his ego. None of them will ever be profitable as Tai has never actually run a business.
@@michaelsasylum thats a good point and something i overlooked. While the price hes paying might *barely* be reasonable for the whole company, he isn't buying that. I can't imagine he can do anything with what he's bought
I believe I read an article where he outbid another company. Probably a bidding war like you said. I feel sorry for the poor people that fall into these scams.
These two look Like they get up in the morning and call each other to see what color shirts they’re gonna wear that day, make sure the colors are complimentary;)
Those two guys buying a modeling agency sounds like a big problem waiting to happen...I'm calling it now there's going to be a few accusations down the line.
5 years ago I took Tai Lopez’s course (SMMA) and started a digital marketing agency. We’re still open today and doing a little over 4m a year now (first 3 years were pretty rough, our biggest month in the first 3 years was less than 30k lol) If it weren’t for Tai I probably wouldn’t be here, at least not this fast. I’m not standing up for him- just sharing my experience with him.
I've been a RUclips Premium subscriber for a couple of years because I hate the ads and I like the fact my subscription fees go towards the channels I like to watch. I'm also on quite a few Patreons because I love the idea of supporting quality channels so they can concentrate on making quality content without pandering to the myriad of RUclips regulations to avoid being demonitized. However, I lost my bankcard and had no cancel everything so I just had regular RUclips with all the truly pathetic ads and pitches . They are just so, so, sooo bad with all the fake gurus. Like it's been amusing, but I'm so glad my new card came and I'm back to my RUclips "happy place" with just my favourite content. Shine on you crazy RUclips diamonds ❤️❤️❤️
I've been watching your videos for a while now. I think I was recommended your channel by watching Coffeezilla videos and, for a while, I thought you were the same guy lol I enjoy your content more. It's less smart ass, though you do have a sarcastic wit that I like, and very well researched. You attempt to be more objective and let your findings speak for themselves.
Hey Spencer, Chapter 11 Bankruptcy is a Debt Restructuring where the terms of debt obligations are changed from what was originally agreed. The business must submit on a written 5 year plan on how it's liabilities will be paid. The court does a means test. If the business passes the test the business is deem solvent and able to pay in obligations. Which means this business had too many assets and/or income for a Chapter 7 which is what we commonly think of when we hear bankruptcy. I've heard a lawyer describe it as more of "taking a break" from the payments while maintaining the business, and all it's Intellectually Property.
Thank you. I figured the debt can't just disappear. They probably just change the terms to make sure it can get paid and the company can remain solvent
The biggest red flag to me is them writing down a company name for acquiring capital and not one of the two multi millionaires. Normally you’ll see these types of “shells” set up for tax evasion and other nefarious business practices.
I remember how anyone who would dare doubting him, would be crushed under an avalanche of insults, by those who wanted to believe him. The whole thing was so weird. Nobody was asking for proof of anything he was alleging.
Thanks for a great video brother! Absolutely love your work! You're one of the channels that deserves (and will in time) be a serious player in the space! Keep up the independent great investigative work!
Had the weirdest dream last night. I was training at the gym and, Tai was there and started talking shit. Lost it and beat him. Felt terrible afterwards, his dad came over and felt obliged to help him moving audio equipment, hoping not to get sued (but suspected deep down I would have gotten anyway). Yeah
Working capital is short term assets like receivables. Less of it can increase your turnover which makes you look more efficient and appealing to investors. And if the stock tanks they can deduct the losses so it’s a win win
I'm sorry but I really don't think accredited investors are going to fall for this...at least not through watching his RUclips videos. If he's reaching them some other way, like through traditional capital finders or getting funds to invest in him, that's different. But most AIs are not on RUclips looking for investment opportunities 🤣🤣
Exactly my thinking haha, I dont think accredited investors would find his style of videos full of buzz words trustworthy. But who knows, maybe he is only after the ones that are easily hyped and foolish enough to fall for that crap..
Generally when you make a move for a publicly listed company inevitably the share price will rise, so offering a premium to the market price is not uncommon as you need to convince majority shares holders that selling is in their interest. However, a premium in excess of 100% indicates they paid well of over the market price, which can be a sign that either, the current owners were not inclined to sell the company, the company was highly undervalued relative to future growth, or they are idiots and managed to leak their planned acquisition to the market prior to making an offer massively increasing the share price and then were too stubborn to pull the deal.
I listened to his ad and it sounded like the resume of someone who is under qualified and trying switch careers. Maintenance man = Environmental Specialist
That’s an actually strategy pe firms use. It’s called distressed equity. This is usually to strip it down pay the creditors and receive the rest in high returns. Or they perform a turnaround... which is much more difficult and usually for the knowledgeable people investing in industries they’re knowledgeable about
@@Redolentleek I definitely would believe in it if it was Warren Buffet at the helm but we are talking about Mr. Life Coach Tai Lopez and some scrub. Any reasonable investor would see through their lie. There’s a reason why they are targeting average citizens bcuz they are the only ones foolish enough to believe in these two thieves
@@kenxiong6830 this I agree with. Alternative asset managers (such as pe which is suppose this is) don’t really advertise their funds on RUclips or insta. In fact I don’t think by law they are allowed to. Their capital raises are usually close circle meetings with pension funds insurance companies family offices and single hni’s that can take several months or years depending on their clout, and they don’t raise capital perpetually. They also don’t promise any sort of returns at all.
@@Redolentleek yup!!! You are right!!! This is why anyone why a decent brain will figure out that Tai is just a scam artist. Dude is the biggest fake in the world. Thank god for guys like Spencer who expose these fakes
The ironic fact is that first ads came up when I click on the video was a guru ads. Dude holding phone recording himself telling me to invest in his guru business lol
yes thats how mergers and acquisitons work you have to pay a premium to the market price so that shareholders will give up their upside and vote in favor of the acquisiton. For a company that size and the upside thats available the premium they're paing isn't unreasonable at all
I remember this dude from the 10's. It took about 5 seconds to figure out he was just another scammer with his nonchalant douchiness as he flexed his lambo.*rolls eyes*
Tai Lopez’s 67 steps program actually really helped me in business a lot. $67 1 time for everything I got was legit. Affects my thinking till this day.
Funny, because he claims to read one book a day when all he's doing is skimming for one useful sentence that he can regurgitate, badly at that, in his BS online classes and videos.
Carla Fiorino did a similar thing over 20 years ago when she was put in charge of Hewlett Packard and the company was tanking. She merged it with another tanking brand so that it looked like she built up the company and expanded it's value on paper to tout herself as a savior.
Hey spencer, feedback - the thing i like about your videos is dont fear monger or witch hunt.... you just intellectually raise flags..... its a good angle... some other youtubers do these types of videos but just bash their subject to the point they just look jelous/catty/bitter.
I just read 300 Books in a day and now I have a Lamborghini. Thank you Lie Topez
lol
Lie Lopez 🤣🤣🤣🤣🤣🤣🤣🤣
Underatted comment
K N O W L E D G E
@@alwaysskeptical7221 KNNNNNAAAAAAWWWWWLLLLEEEEDDDGGGEE
Tai Lopez was the sole reason I purchased RUclips premium. After years of streaming for free he pushed me over the edge to actually pay so I could stop listening to his commercials.
come to find out, he might have a deal with youtube so he gets paid to annoy you until you go ahead with the ytb premium thing. that would be some genius evil shit lmfao
😂
Lol 😆 !!!!!
I just use ad blocker so i wont see his face or other con artists online.
Me too 🤣🤣
You know the only thing that I like more than this video?
KNOWLEDGE.
LMAO!!
Lmao at your comment HERE IN MY GARAAAGE 😂
Lol
are you in your garage??
Knaaawledge
Tai is the OG youtube fake guru. The man who started it all.
What about Dan Lok?
he is kang
he paved the road
@@axelpatrickb.pingol3228 I think Tai Lopez came in 2015 and Dan Lok a year later. Im not sure.
@Graham Nichols On youtube ?
@Graham Nichols Calm down, he said on RUclips, we all know the OG fake guru is the rich dad poor dad
One must always come back to the same unavoidable question: If they’re so successful, what do they need me for?
To stay rich
Their favorite shyster answer is “I was hesitant but when I found out about this opportunity I knew I had to bring in to all of you.” I wish RUclips would restrict some of those guys.
Certainly a valid inference, but multiple valid answers such as status, opportunity (through status), being a guru is very profitable, etc....
My take: If I have the actual goose that lays the golden egg I would never tell anyone :P
Because they’re doing you the favor of separating you from your money.
Tai Lopez be like... "HERE IN MY JAIL CELL, JUST GOT THIS NEW ORANGE JUMPSUIT HERE... FUN TO WEAR UP HERE IN SOLITARY CONFINEMENT!"
lool
Lmaooo
He can read all the books in the library
@Paul Henn because most people probably don't want to be scammers
I’m watching this in my garage in front of my lambo and books.
top man.
absolute legend :)
@@mariuspatru7 thank you
Tell me how you made it. Here my money 😆
@@epigon1 gotta join the free webinar where I upsell my $10,000 course.
Absolutely love how Spencer sends the most subtle savage shots at people while keeping a professional tone 🤣👌
I was hoping I'd be in my garage to watch this video but I'm in the office of my 9-5
Your content keeps getting more fire, Spencer
Right
I agree 💯
A gardening channel? Subbed! oooh i need to up my game.
Water
For a moment there I read 'contempt' Would also make sense!
"Jointly with a spouse"
If your spouse loves you, they wouldn't let you invest in Tai Lopez.
If there's an internet Hall of Douche, this guy will be one of the first inductees.
1000%!
I can name a few that can inducted
I work as bellman at 5 star hotel, he was staying at and i can tell you he is a douchebag in in real life.
The fun things about those video is having Spencer teach us how to spot fake gurus while having those gurus ads in between that same video 🤣🤣🤣🤣
If Tai is making that good of money, why is he filming on a potato?
🤣🤣🤣 seriously!
To seem casual and relatable
Tai is a smart scammer, he doesn't outright lie, he is good at obfuscation.
Exactly
@T interesting word
Just a Question, what's the difference between what Tai is doing and what Grant Cardone does with his Cardone Capital? and what Ryan Pineda is about to do with Pineda Capital? someone explain..
Agreed.
@@WeddingVideographyTips same shit just different asshole pushing it lmao
“Here in my garage”… Classic 🤣
Lmao 🤣🤣🤣
Can't he just run pump and dump crypto scams like everybody else?
The market is oversaturate atm... maybe 5yrs down line he'll think about it
Here in my crypto wallet.....
Because business's you know are real and can be here today gone tomorrow. I can wake up drive down the street and see the companies I have invested in. Crypto..... I login to my wallet and look at my 0.00000000000001 coin I "own" "I DONT OWN CRYPTO". The government cracks down on crypto like the chinese government stopped mining bitcoin my fake token I dont get to hold is now taken from me. Along with thousands of other people who bought a whole coin just like that grocery store 16million 10 million 1 million dollar investors down the money they invested everyone needs to eat to survive if this kind of store can go bankrupt anything can vanish invest in what you KNOW is a good investment now what you THINK is a good investment.
😂😂😂😂😭
Honestly, I’m not surprised that he didn’t start a LopezCoin or some shiz like that 😂😂
It’s funny and odd that he’s seeking $400k on Instagram from random strangers. Wouldn’t a savvy successful businessman already have a network of people with enough capital willing to fund his ventures?
Yup!
Those people arent dumb enough to invest on a whim and will have their team of lawyers and financial experts look into it. Those will likely either find something really dumb, illegal or on the edge of illegal. The ig ad focuses on unicorns who have made their money overnight, be it crypto jumps and lucky pull out or something like insurance, death will. Basically people who arent completely dumb to just waste money, but not smart enough to actually pay people to wealth manage their accounts and invest smart.
Yes. But savvy businessmen have savvy investors and savvy investors won't invest in this.
@@wardedopinions3361 it's 2020's. there's a really long list of people with money who have been dumb enough already in 2020's, the money can also be from normal business, accumulated over time from working etc. what the victims need to have is money, have confidence in themselves that they're not stupid(despite being stupid) and be coaxable into an "opportunity".
plenty of people who should know better fall for nigerian letters with dollar signs in their eyes about having more dollars, they're a shark, they know an opportunity when they see one etc. for those this makes more sense than a nigerian letter. the frigging ad itself is meant to just straight up make those people feel special, that they are special smart people who qualify because they have money, they wouldn't get scammed because they're qualified! they have money! this is an opportunity for smart people!
I work in investment banking, it is common practice to issue an offering for the acquisition of a company with a termsheet at a higher share price. Perfect example of this is Sotheby's the only difference is the auction house was a great acquisition lol
@@Dan-Chrssy Sotheby's was nearly double the market price. Prices went from 30 a share and buy out was 55...furthermore, this is scammer lopez we are talking about. He's probably going to attempt a low float high volume pump and dump.
yes, usually the price is higher than the market price, otherwise the existing shareholders have no incentive to sell.
I absolutely love this, thanks for the transparency they don’t wanna give us
Savage! Love your videos, Spencer.
That verified check gets me wet. Subscribed.
@@BarronVonSchnoot lmao. 😂😂
I almost forgot about Tai Lopez. Thought he retired as a billionaire 😂
No, Grant Cardone is the fake "Billionaire"
Right!!!??? I hadn't heard from him in a few years!
When Stein Mart went out of business I felt like I had lost an old friend. I had shopped there for decades, they're irreplaceable. Then one day I got an email from Stein Mart online. Hurray! Yesss! They're back!...only clearly this wasn't the same company. $200 scarves? $450 dresses? Not the same store and now I understand why. Thanks for this video.
My God I knew there was a reason why this guy was back with ads that I keep skipping every damn time I'm on my phone
The share price stuff (@ 10:15)- absolutely not a normal practice. The brand names in these "purchases" are probably only there to attempt to build credibility for some possible bigger end game. They might even be purposeful loss leader deals. While it might be possible to monetize these brand buys into some ecom play, I can't imagine anyone with a brain touching this with a 10 foot pole. Anything those brands can do online can get Amazon'ed with ease. You're also dead on with the 300m deal talk.... deals like that are baked with debt. IE- the first 150-200m goes to debt service, then the remaining 100m goes to share holders, which at that point can be 100s of people/entities. Often times, founders, by the time valuations are that high may only have 10%. So maybe 10m to the founder. That's fairly common. But I have no idea the details of that specific deal... But what I do know... is that it's NEVER as glorious as it sounds in the headlines, whether 300m, or 2B... whatever. Side note- the jet they are showed to be exiting is truly a starter millionaire jet. You can fly that thing for like $3000/hr. People with 300m wouldn't be caught dead on a small Citation (known as the slowtation). 😂
Lol informative reply👍🏾
Slowtation lol rich people talk
@@thomasaddison8984 his comment made me feel broke lol
Great reply 👍
Spot on comment. The dead giveaway is them advertising to the general public to raise capital. Laughable of you're a real player in M&A. Those guys have networks of PE firms and $100MM investment funds they pitch, not regular Joes making $200K. 🙄
"bought radio shack...bought Pier 1 imports..." lol...as a professional trader, that statement told me all i needed to know.
like?
You have to be insane to buy into a fake guru business. Edit and I think that most accredited investors have yt premium since dey value their time.
@@ewanrice no
"Trying to catch a falling knife...." I will be adding that to my repertoire. Thanks!
The original guru who got rich being a guru. Read 10 books a day people, that’s the key.
That's the key my friend, lol.
And a library in the garage is his secret 😂
He didn't even read one a day. Which would be extremely difficult given an average person's schedule, let alone a "business tycoon"
The whole "read a book a day" is even smarter when you realize the guy also had a company that sells book summaries.
Create a problem and sell the solution right?
How the fuck are you reading ten books a day unless they are picture books. So you don’t have a job? Or is this in between posting obvious bullshit on RUclips?
I have to admit Tai was ahead of the Guru game before just about anyone lol
On RUclips yes
@@michaelmyers2091 True
He was just one of the first to put the ads on RUclips. People like Tony Robbins have been selling lifestyles for years before tai. Idk exactly when Tony got into the game back I know there were more even before him. Back in the day the real fake gurus would buy late now tv commercials
Tony Robbins was first!
@@WhoCaresMyGuy yea, like Ed Beckley, Dave del Dotto, Carlton Sheets, Charles Givens,, the list goes on and on, oh yes Tom Vu and all them pretty hoes in his ads!
You are one of the realest people I have found on RUclips. Keep it up , man
I used to work for a company that took old-school businesses online with Amazon FBA + Shopify. Not saying it's not lucrative but ultimately we had to have lenders to buy inventory from the client - so we were basically their customer, with exclusive rights to sell their products online and it was extremely difficult. So I wanna see Tai and his partners succeed actually because I always thought it was a great business if run well.
What Tai is doing is ridiculous and shows he knows nothing of growing a business, once he gets someone's money and buys the website, all he does is puts up cheap chinese products to generate "revenue". He bought Dress Brn's website and turned it into a store that sells facemasks and claimed he increased revenue by 250% while selling almost NO dresses. Now that the scamdemic is basically over he's back to almost no revenue there.
Woah Kevin,
Listening To Your Proposition I think We Could Network with each other.
Anyways,
Wanna be friends?
@@michaelsasylum That's sad to hear. Sounds to me like he's thinking short term, pumping up revenue for case studies so he can cash out.
@@michaelsasylum face mask is on demand dresses aren’t. How I know I resell singular dresses from companies that better then each brand name he borrowed the name of and considering the economy situation . He doesn’t have background wisdom on this stuff, I thought it was weird when I saw that he did this, even worst if he never even been in those stores. Radio shack, Dressbarn and Models aren’t good stores at all. He not even an inventor or a creator for physical product like this, how I know because he copies a lot more. there a lot of people like this. He using what works for him though, using existing “targeted” demand. He have mad Farming related skills that what he really great at honestly.
Wow I totally forgot about Tai Lopez lol
So did I fr fr...lol
Dude he has a leased Gallardo and 2 or 3 bookshelves. How could he possibly be wrong?
I think Tai treads the thin line between scam and legit business. He does only enough scamming to keep his business legit.
I like the wording you used
Lol, omg Zoosk. I haven't heard that name in years. I was once offered a job with them, but after a few interviews, just about everyone was a dirt-bag so I turned it down.
Glad you got out, mate!
I get so much fake guru ads since I've started watching coffeezilla and Spencer. At least it's funny 😂😂
A guy who never build any real successful company in his life wants other people's money in order to turn popular brands into e-commerce giants.
That's a joke right there!!!
He used to run a few dating websites that was double charging people's cards. Probably made some good money there.
That and he runs the company of his personal brand, selling all these courses. So he does have some kind of experience I guess. But yeah he's a meme.
He's out in Virginia milking a wealthy investor of millions of dollars buying defunct WEBSITES, not companies, and basically turning them into stores that sell facemasks like he did with Dress Barn. They are all losing tons of money and now he's back at the internet milking average joes of their hard earned money.
every large corporation was built with other peoples money. Syndication is a pretty common practice.
It's not bad idea for drop shipping actually.
@@AJ-gn1qu And who are you going to trust running that syndication? Tai or someone who has years of experience buying distressed assets such as IP?
NO legitimate investors is going to trust this guy to run the show unless his fees are ridiculously low relative to the expected return.
Lol, this reminds me of the guy in TV from courage the cowardly dog who use to say " if you want to get rich send me money" 😂
I can't trust anyone who wears tight ass shirts like the way Tai does.
Another fantastic video from Spencer. Keep saving THE PEOPLE from the SCAMMERS
Love your content man, I work in finance and I appreciate seeing nice research 👌🏽
As warren buffet says “ if someone is selling a course online that they have the secret keys to making money. Run they are online for a reason”
I love how you started this video super critical and then ended it as being sold on the idea hahaha Tai is a master on whole new levels
The embodiment of "fake it till you make it"
There is usually some sort of a "control premium" paid when acquiring a company, but 2x is massive. Usually in the ballpark of 1.1-1.5x trading price. Not sketchy per se but those two must have a LOT of faith in that company. That or they got into a bidding war.
yes, but I don't think they will have control with 18% of the stock.
@@malamute4793 you are right. 18% is still minority ownership, so I can't imagine they will have much of a say in the actual operations of a business. I'm only really familiar with majority ownership / LBOs so not sure on that dynamic
He's not acquiring companies, he is buying their website, domain name, and mailing lists at a massively overinflated price. He HAS TO WIN them no matter the cost because of his ego. None of them will ever be profitable as Tai has never actually run a business.
@@michaelsasylum thats a good point and something i overlooked. While the price hes paying might *barely* be reasonable for the whole company, he isn't buying that. I can't imagine he can do anything with what he's bought
I believe I read an article where he outbid another company. Probably a bidding war like you said. I feel sorry for the poor people that fall into these scams.
Binge watching you like i see others are, your gonna get bigger! love your content.
The guru that started this RUclips advertising digital courses back years ago.
Before Tai Lopez I couldn’t read, now I am a 51% owner of Lamborghini
I love your channel because you are like an internet watch dog for people who can’t spot scumbags like this.
🙏
These two look Like they get up in the morning and call each other to see what color shirts they’re gonna wear that day, make sure the colors are complimentary;)
Those two guys buying a modeling agency sounds like a big problem waiting to happen...I'm calling it now there's going to be a few accusations down the line.
5 years ago I took Tai Lopez’s course (SMMA) and started a digital marketing agency. We’re still open today and doing a little over 4m a year now (first 3 years were pretty rough, our biggest month in the first 3 years was less than 30k lol)
If it weren’t for Tai I probably wouldn’t be here, at least not this fast. I’m not standing up for him- just sharing my experience with him.
How is he still fooling people?! Crazy
Unfortunately, millions of people are still ignorant of scams. There are still a lot of people that still fall for the “Prince from Nigeria” scam
Sadly, there is an endless supply of fresh meat that discovers him on RUclips every day.
Them hopping of the G5 in the extra medium pastel T shirt, makes me want to start a go fund me for some Hanes comfort T’s.
Remember when Radio Shack was a great brand? The 1980s remember. It's like buying the Akai brand and thinking you're going to take over the world.
Akai made the best samplers! There were king of sampling for hiphop and electronic dance in the 90s!
The combined sarcasm of you and Patrick Boyle would forever annihilate all ability for humans to speak in anything but sarcasm. It's delicious.
I've been a RUclips Premium subscriber for a couple of years because I hate the ads and I like the fact my subscription fees go towards the channels I like to watch. I'm also on quite a few Patreons because I love the idea of supporting quality channels so they can concentrate on making quality content without pandering to the myriad of RUclips regulations to avoid being demonitized.
However, I lost my bankcard and had no cancel everything so I just had regular RUclips with all the truly pathetic ads and pitches . They are just so, so, sooo bad with all the fake gurus. Like it's been amusing, but I'm so glad my new card came and I'm back to my RUclips "happy place" with just my favourite content.
Shine on you crazy RUclips diamonds ❤️❤️❤️
I've been watching your videos for a while now. I think I was recommended your channel by watching Coffeezilla videos and, for a while, I thought you were the same guy lol
I enjoy your content more. It's less smart ass, though you do have a sarcastic wit that I like, and very well researched. You attempt to be more objective and let your findings speak for themselves.
Hey Spencer, Chapter 11 Bankruptcy is a Debt Restructuring where the terms of debt obligations are changed from what was originally agreed. The business must submit on a written 5 year plan on how it's liabilities will be paid.
The court does a means test. If the business passes the test the business is deem solvent and able to pay in obligations. Which means this business had too many assets and/or income for a Chapter 7 which is what we commonly think of when we hear bankruptcy.
I've heard a lawyer describe it as more of "taking a break" from the payments while maintaining the business, and all it's Intellectually Property.
Thank you. I figured the debt can't just disappear. They probably just change the terms to make sure it can get paid and the company can remain solvent
The biggest red flag to me is them writing down a company name for acquiring capital and not one of the two multi millionaires. Normally you’ll see these types of “shells” set up for tax evasion and other nefarious business practices.
Read up on M&A buddy. Very big, little world and nothing strange here. Maybe new to you, but certainly not out of the ordinary.
no, this is actually completely normal in M&A.
Great insight and research on the videos man. You really look at the financials and legal jargon for us and interpret if need be. Keep it up !
I remember how anyone who would dare doubting him, would be crushed under an avalanche of insults, by those who wanted to believe him.
The whole thing was so weird. Nobody was asking for proof of anything he was alleging.
“…like catching a falling knife…”. Oh, I see what you’re doing there! 🤣
Thanks for a great video brother! Absolutely love your work! You're one of the channels that deserves (and will in time) be a serious player in the space! Keep up the independent great investigative work!
Bruh! Look at all those Lambo's, Porche's and Ferrari's! Look at that jet they are walking away from! I mean, they have to be legit!
/s
For what is the. /s
Had the weirdest dream last night. I was training at the gym and, Tai was there and started talking shit. Lost it and beat him. Felt terrible afterwards, his dad came over and felt obliged to help him moving audio equipment, hoping not to get sued (but suspected deep down I would have gotten anyway). Yeah
lmao!!
He's applying the Dan Pena methodology and Dan interestingly enough, calls people like him "net scum".
13:53 typically, its just restructured but that doesnt mean that you cant work out deals to get rid of some of the debt
Hey Spencer, how's that video on Dean Graziosi coming? He's my fav fake guru.
Working capital is short term assets like receivables. Less of it can increase your turnover which makes you look more efficient and appealing to investors. And if the stock tanks they can deduct the losses so it’s a win win
I'm sorry but I really don't think accredited investors are going to fall for this...at least not through watching his RUclips videos. If he's reaching them some other way, like through traditional capital finders or getting funds to invest in him, that's different. But most AIs are not on RUclips looking for investment opportunities 🤣🤣
Exactly my thinking haha, I dont think accredited investors would find his style of videos full of buzz words trustworthy. But who knows, maybe he is only after the ones that are easily hyped and foolish enough to fall for that crap..
I've had RUclips premium since 2016. Kinda miss the "here in my garage" days tho😂😂
Generally when you make a move for a publicly listed company inevitably the share price will rise, so offering a premium to the market price is not uncommon as you need to convince majority shares holders that selling is in their interest. However, a premium in excess of 100% indicates they paid well of over the market price, which can be a sign that either, the current owners were not inclined to sell the company, the company was highly undervalued relative to future growth, or they are idiots and managed to leak their planned acquisition to the market prior to making an offer massively increasing the share price and then were too stubborn to pull the deal.
I listened to his ad and it sounded like the resume of someone who is under qualified and trying switch careers. Maintenance man = Environmental Specialist
Dude is a straight scammer. Let’s buy businesses that failed and hope they can be resurrected with little to no financial backing smh
That’s an actually strategy pe firms use. It’s called distressed equity. This is usually to strip it down pay the creditors and receive the rest in high returns. Or they perform a turnaround... which is much more difficult and usually for the knowledgeable people investing in industries they’re knowledgeable about
@@Redolentleek I definitely would believe in it if it was Warren Buffet at the helm but we are talking about Mr. Life Coach Tai Lopez and some scrub. Any reasonable investor would see through their lie. There’s a reason why they are targeting average citizens bcuz they are the only ones foolish enough to believe in these two thieves
@@kenxiong6830 this I agree with. Alternative asset managers (such as pe which is suppose this is) don’t really advertise their funds on RUclips or insta. In fact I don’t think by law they are allowed to. Their capital raises are usually close circle meetings with pension funds insurance companies family offices and single hni’s that can take several months or years depending on their clout, and they don’t raise capital perpetually. They also don’t promise any sort of returns at all.
@@Redolentleek yup!!! You are right!!! This is why anyone why a decent brain will figure out that Tai is just a scam artist. Dude is the biggest fake in the world. Thank god for guys like Spencer who expose these fakes
"If your an Accredited, get ready to be Discredited" should also be in there😂
As an actual due diligence officer in the investment space (reg D mainly) this kinda stuff makes my eyes bleed
Happy to see your channel grow!
I like Tai a lot! He’s been a great role model for all these internet gurus. It’s been a decade of great entertainment
The ironic fact is that first ads came up when I click on the video was a guru ads. Dude holding phone recording himself telling me to invest in his guru business lol
Tai’s voice alone is sketchy lol
His face is sketchy looking too... 😬
Funny how i clicked to watch this video...and i get a tai lopez ad😂😂
Tai Lopez... huge upside potential (for him) ... with damn near guaranteed downside loss for you.
yes thats how mergers and acquisitons work you have to pay a premium to the market price so that shareholders will give up their upside and vote in favor of the acquisiton. For a company that size and the upside thats available the premium they're paing isn't unreasonable at all
KNOWLEDGE
I remember this dude from the 10's. It took about 5 seconds to figure out he was just another scammer with his nonchalant douchiness as he flexed his lambo.*rolls eyes*
Tai Lopez’s 67 steps program actually really helped me in business a lot. $67 1 time for everything I got was legit. Affects my thinking till this day.
What I like about being a long time subscriber, is I can see your hunger getting stronger, get these bastards Spenser lmao I love it
“The key to my success…mah books” ~Tai Lopez
PHAHAHAHAHAHAHAHA
Funny, because he claims to read one book a day when all he's doing is skimming for one useful sentence that he can regurgitate, badly at that, in his BS online classes and videos.
Excellent video. Great way to present the true colors those liars
Spence question; have you read every book in your shelf?
@Spencer Cornelia RUclips sccccaaaaaammmeeeerrrrrr alertttttt
@Spencer Cornelia RUclips fvck off
Carla Fiorino did a similar thing over 20 years ago when she was put in charge of Hewlett Packard and the company was tanking. She merged it with another tanking brand so that it looked like she built up the company and expanded it's value on paper to tout herself as a savior.
Was that compaq?
@@imjashingyou3461 Yes it was.
I literally work for this company... and have never considered any of this. All I can say is, I get paid! lol
Hey spencer, feedback - the thing i like about your videos is dont fear monger or witch hunt.... you just intellectually raise flags..... its a good angle... some other youtubers do these types of videos but just bash their subject to the point they just look jelous/catty/bitter.
I don’t think he’s going after the day to day people, I think his target market are people doing high 6 and 7 figures
"I'm here in my garage." I can never hear that phrase the same for the rest of my life.
Christopher Mitchell next.
The man who started it all, ladies and gentleman; Tai Lopez
I'm just here with my lambo.