How much would I sell LTT for?
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- Опубликовано: 1 июн 2024
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A long way of saying "it'd take a LOT"
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luke is a marriage counsellor clearly
Luke is a bad prosecutor though.
Then linus and the marriage councillor need a marriage councillor
Luke is a better spouse
@@roberttalada5196 He always carries rubber. I hear.
@@strider029 cause he simps harder
"how much would you sell LTT for?"
Linus: immediately starts talking about billionaire sex dungeons
Lol
i love his adhd
😂😂😂😂😂😂😂😂
Linus: have I done a bad job???
Luke: Yesn't
Low-key though, a sign that he's done a good job is that his employees aren't afraid of telling him to his face when he fucked up.
@@neruneri this^
@@neruneri ABSOLUTELY.
Another sign is that they don’t show ant signs of fear, they show respect, it’s mostly a family
4:06 if anyone missed it
Linus’s radical honesty is exactly what makes these clips and this podcast such an interesting listen, and I don’t think it hurts his brand or damages his image in any way. It’s a look behind the curtain and an explanation on the way a multimillion dollar RUclips operation is run and operates. And I, for one, love it.
Honesty is only an asset because he's a decent person. Why many public figures can't do it.
Radical honesty is a great way of putting it
@@nightspeed4819 having his wife be the head of HR is definitely a Conflict of interest from my perspective. Obviously I'm not an LTT employee but it seems like the opinions linus displays in twitter aren't always enacted in his own business
@@nevermindful it's not solely HIS business. it's his and Yvonne's. she put money and effort to kickstart LMG the same way Linus did
@@nevermindful eh. It’s her business too at this point.
Luke is a fucking brilliant friend, it would be so easy for him to end up as a yes man but he still holds his boss and friend accountable and isn’t afraid to disagree or correct him. Don’t get me wrong Linus has to be a good guy to have a friend like that but Luke is one hell of a guy. Miss seeing him as much on LTT.
Id personally like to know how Luke isn't a 1/3rd owner of the company. He is as much LMG as Linus, or anyone else.
To someone like Linus, a Luke is work 100x more than any yes-man. Someone you can count on to be honest and hold your feet to the fire when youre headed in a dumb direction...those are rare.
Absolutely. A lot of people don't get how incredibly valuable and also rare honest criticism is!
@@badsamaritan8223 I've been curious about this too, but I think we got our answer: Linus likes control.
I got the vibe Luke would like some sort of option to hold stocks because he truly is invested into this and has been from the beginning.
@@badsamaritan8223 I expect that floatplane is probably a separate legal entity that luke has a significant ownership share in
I would totally watch Yvonne Cupcake Tips, and so would my wife.
lets hope the channel opens soon
@@schnauzer93 lol
Agree
I love when Yvonne is in the videos. She's really funny, and her opinions always feel very genuine. I think Yvonne and Sarah should have a show together.
Agreed! I think they'll be great hosts!
Yiss! Both have a great take on aesthetics and I would love to see some PC builds that aren't RGB unicorn vomit, and I bet Yvonne and Sarah would do an amazing job of those things. Also, Yvonne seems like she's organised, so videos about how to manage your life (software, etc) would be superb.
I'd love a LTT show hosted by the ladies. Yvonne, Sarah, Madison. It would be a great time
@@ShaggyBNE Madison is gone my friend. she quit
@@earthphoenix5226 Oh damn. That's a shame. Wonder why
Canadian financial analyst: "hit that hockey stick moment"
Could only be more Canadian if it was covered in maple syrup.
A famous comedian once said: "Never go to bed angry... Stay up, and plot your revenge!"
"She's finally gone to bed now I can think!!!"
Good advice, although not exactly in the spirit of the original...
The 51% was actually recommended to me by my business advisor to avoid stalemates between 50/50 partners, even in a married couple. When two partners are EXACTLY 50/50 partners, conflicts can be hard to resolve. Impossible, even. Whereas in a worst case scenario, the 51% controlling interest can at least overrule and ensure business continues. It's not about making 1% more money. Especially as a married couple, since as Linus put it, it doesn't matter at all.
It's about the best interest of the company and ensuring business continues even in light of a serious disagreement among the owning partnership.
Businesses need to be nimble to survive. 50/50 isn't nimble.
@@Edinburgh1000 to be fair, Luke’s opinion/reaction was justified. Linus’s explanation on why he wanted the 51% was basically just “I wanted to be in control”. He literally said he had a big ego about it.
As a business owner of 12 years, with a 50/50 split of shares, I disagree. It has helped shape ways of negotiating and reaching consensus that would never have been shaped if one of us could just overrule. Having a 50/50 split means that any decision that we disagree on gets a really good amount of scrutiny and exploration and we always end up picking the better option as a result.
@@RoxFlame I'm happy for you, but you're the exception that proves the rule. And merely incredibly lucky. (so far.) But for the grace of god you haven't run into a scenario that was simultaneously time sensitive, critical, and non-negotiable from both partners. Believe me, these situations happen, and they can destroy a business.
@@mackmcd We run into those scenarios all the time. If we can't come to an agreement we defer to our policies, and if policy can't decide it we defer to the director with the most subject matter expertise for that issue given (predefined) core responsibilities.
Then, we create policy for making decisions of the nature that caused conflict so that next time it's a no-brainer.
It's not that we're lucky to have not hit an impasse, it's that we have hit so many of them that we've strengthened our decision making processes. I'm personally convinced our company would not have survived so long without this (although I'm also aware that I'm speaking with survivorship bias).
I feel like insecurity is a double edge sword, you either get a S-tier partner who is so caring and supportive, or a psychopath.
Or, like in this case, both
I do not think it is quite that binary lol
@@kylenetherwood8734 nah you get both. Super supportive but also batshit crazy🤣
My psycopath is an S-tier who's caring and supportive
@@enbee_ash6740 Profile picture checks out lol
having 51% of shares is the most wise choice. it is not about when you split up, it is also about only one person making the final decision. Any lawyer worth his time and money would say so.
Yeah I think if I started a company and it’s built off of my name I would want majority stake in that company. I don’t think that’s wrong or selfish tbh
that's what I was told at law school!
It's like playing two DnD games at the same time(family and business) , and the only other member in your group is your spouse. Then your ego want to be the hotshot, calling the shots in one of the games. But the plot twist.. if you die/get hurt, the damages will spill over to the other game. Its a dangerous quest, proceed with caution travelers.
@@AGjengen for the love of god go outside
@@nrdisthewrd To be clear, giving the named person the majority might be a consideration. But it could be anybody that holds the majority. Even Linus's wife. It is just good practice to have someone who can make a final decision in the event of a blocking disagreement.
That went from buying LTT to having a "meeting" in a soundproof room very fast
Yeah, does anyone know what he means, couldn't find anything on it.
I feel like the offer for Linus and Yvonne to sell would have to be so big that them and the entire team could walk away and do something new and exciting but if everyone walks away there wouldn't be a company left for the new owners
Unless Linus labs REALLY takes off, I don't see anyone wanting to buy LMG. Not because it's not valuable, but if Linus left and the other major players went with them, what would a buyer have? The only way it would work is if the buyer is essentially Linus's boss, and I feel Linus and Yvonne wouldn't like being beholden to someone above them.
@@baddabaddabaddaswing depends on how much and who leaves, Linus has been introducing more and more hosts to get further away from being the main and only host of the videos. So inherently while him leaving would be noticeable, it has gotten to the point where channels like techlinked could be run without a lot of the main hosts. Ofcourse it also depends on what linus does, a lot of channels get brought by larger corporations and a suprising amount of people do still stay
@@baddabaddabaddaswing it would definitely have to be a conditional purchase, on the employees staying and likely include a fat retention bonus
@@robertse4026 the channel would die. Linus still is the face of lmg. Anthony is cool
Riley is cool.
All the hosts are cool but they're not linus
That's why he couldn't sell even if he wanted to. The value of LTT without Linus would be so much lower than the value of LTT with Linus, so while he would want to sell at that higher value buyers would only want to pay the lower value.
I personally think Linus Tech Tips should keep that name just because of the sentimental value and the history. Changing the Linus Media Group name is fine but I’d like Linus Tech Tips to stay Linus Tech Tips
I think that channel needs to Rebrand because it no longer is Linus tech tips.. it's Anthony, Brandon, and tons of others. Unfortunately Linus has to go corporate and step back from what his family has grown and you cannot have your big tech corps CEO on RUclips acting like he's in his 20's when he's almost to 50.
@@michaelf.2449 That's really not relevant though. Most businesses are like that. For example, Walmart is more than just the Waltons. Most people know that it's just not Linus, but the name of the company
@@-SP. i am today years old learning that walmart is named after the last name "Walton". i dont think people think of walmart as a family owned company or even that name. thats just me i guess.
Sam's club, Walmart, ralphs, Albertsons (just off the top of my head) are all based on the name of someone if not the founder. Linus tech tips is the channel that formed from linus giving tech tips. Now his team (that we can assume he trusts) gives tips along side him. It's an homage.
@@michaelf.2449 Remember Honda, Toyota, Suzuki, Mazda, those are companies with the founder's name. Edit: even Dell and HP
Shout out to Yvonne: We the viewers don't see you a lot but we know that you're there working hard in the background. You are already the best person you can be. Don't doubt in your abilities. Thank you for all your work and support in LTT, Linus and your family. You are loved!
I like the name Linus not because of it specific to you but because it humanizes your brand. LTT Group sounds like a good compromise
My opinion is the same... But understandably, Linus fears that his own name in the brand name indicates people that it is only Linus' company and not the remaining team.. But in reality, it's a team effort to run the company.
Just like Amazon, which is named after Thomas Amazon
@@VAISHALIDORANALA I’m skeptical that’s the main (or really any) motivation behind this change. He’s talked about wanting to retire, wanting to set up LMG so it’s more autonomous, giving up control and letting new hosts get more facetime.
The more cynical view is that he knows the more tied he is to the brand the less it’s worth without him, so selling or retiring wouldn’t work out.
51% means that signing agreements and contracts are a lot less of a headache. I'm surprised you didn't bring that up.
he doesn't know the headache from the alternative
@@bradhaines3142 yeah, luckily
The owner of a corporation isn't the one signing agreements. Even the controlling interest in the board isn't. That's still down to the usual board positions. Which then gets ratified by the owners. Which isn't any extra headache
@@deathhimself1653 somewhat pedantic but I’ll bite.
In almost all incorporated structures, unless secondary authority is given, the CEO/President is the person presumed to have the authority and responsibility to sign agreements on behalf of the entity. The CEO operates at the discretion of, and is accountable to, the board.
Yes, technically the CEO can sign agreements at will, it wouldn’t be long before they would be removed if they are operating in opposite of the board.
wouldn't power of attorney solve this?
"Objection! Hearsay" Linus is also watching the Johnny Depp and Amber Heard trial xD
He Probably enjoys himself a Mega Pint
I love how Luke said "im gonna do both"
It shows how their friendship is really great that honesty is something they both want to keep.
Love that Luke doesn’t let Linus off the hook, shows they actually have a healthy company culture.
Yep. Most bosses get defensive or angry when you try to hold them accountable. At least at most places I’ve worked at.
Makes me wonder what happened with madison. It was hinted towards the fact that LMG wasnt a great place to work
@@retrorewind6042 I don't know what you are referring to, but maybe she just didn't fit in.
@@strix3055 im referring to her quitting LTT and the stuff she hinted towards on twitter
@@retrorewind6042 It's a two-way street and she seemed to have exactly the kind of personality that would lead me to point the finger... not at the company.
4:38 - _She let me call it Linus Media Group to"_
Because naming it "Ho Media Group" would've been a bit confusing, yet a missed oppertunity...
Favourite part of WAN show are the asides where they just go off reminiscing about stuff. You get a momentary glimpse into the behind the scenes stuff that got them all to where they are now. And it does shine a glimmer of light on how everyone else makes LMG work, not just the faces that show up in the videos all the time.
People can be immensely bright and bubbly personalities but the moment you point a camera at them they lock up. Those people still do vital work to make the company keep ticking over, but might never be seen in the content itself. I like that the direction seems to be finding a way to make the company feel more about the entire staff than just the man with his name on the door, as funny as name on the door jokes can be, just ask Denny Crane.
Also great to see how human they all are. They all have foibles that aren't just covered up all the time so we only see the persona. Some are a bit egotistical. Some are a bit shy. Some are super knowledgeable but not super performers. Some are the opposite. It's a team of human beings that makes LMG great and keep excellent content worth watching coming out. No one is perfect, but from what we get to see, they seem to have found the balance point where most people can be kept happy a lot of the time so that life and work continue to run smoothly for everyone involved.
I like the idea of rebranding LMG, but I like linus tech tips. To me it's just a reminder of where it all came from. Rebranding LMG makes sense because short circuit and tech quickie and Mac address etc are so much more than just linus. No idea on a good name though.
Also I think the shift away from the Linus specific personality isn’t hindered by the name. Craigslist and Tom’s Hardware work just fine, nobody’s obsessed about Craig or Tom. I don’t even know if Tom exists. “Linus” gives the brand some fun humanity even if there isn’t a front facing Linus Sebastian
But yeah LMG could do with a rebrand. I don’t think it has the same sentimentality or brand presence. Giving it a more fitting name for everything under the umbrella would be good.
I agree, i dont feel that the linus tech tips name detracts from all the other great people (personally alex and riley are my favourites). Also i am used to and quite like the ltt name
Damn, I don't think I have ever seen an LTT video so deep into the personal sides of you
Linus should make a 2 part documentary, one about Linus and one about Yvonne. Titles : The man behing LTT and The woman behind LTT. That way Yvonne would get the recognition she deserves.
She looks at her bank account each month. That's her recognition
Looking forward to 9 years of Yvonne Media Group :D
That sound proof apartment sounds like my dream… not for murdering but I love loud music and hate people so it would be fantastic to be able to blast my music without worrying about my neighbours coming round to complain. If I could afford to I’d sound proof my entire house so I can game while screaming at the top of my lungs and blast music at 3am.
and for kinky sex! Had an ex into cnc. We had to be very careful about how loud we'd get during scene's to not get the cops called on us. And it sorta ruins it a little bit. (well for her, not really for me its not my thing lol)
@@Wylie288 CNC machining does get really loud.
Must’ve been that guy everyone complains about
Being in a relationship where everyone thinks that they are dating "out of their league" is so nice, so long as there's open communication especially about self doubts.
can we have some sort of public post session where everyone tells yvonne how much we all adore her and make linus print out all of the comments and present her with a book full of positive affirmation? because she totally deserves it.
It started from how much he would sell LMG for to how important his wife his. ❤️
Wan show clips is one of the best ideas in recent times. GG.
Linus: Half of her 49% would go to me.
*Family Court has entered the chat.*
Depends on the state. In Canada i think its more ironed out to actually split it. Unlike the US where 90% of the time is “fuck the man”
@@ByteSizedGamer I think I'm moving to Canada
@@Krashs6 idk at this point. Some courts split assets even if you arent married but have been together for a long time. Thats the issue, and ive heard canada might have those laws
Linus, Another reason to have 51% is that you can be the final decider if you both ever came to any major impasse. If that is a good thing or a bad thing, it at least sets up a place where you can "pull rank" to make something happen. Now the marital consequences are your problem post pulling rank.
I was gonna say “pulling rank” on your wife feels like a recipe for disaster
Even then, it's *barely* pulling rank. A 49% stakeholder can *easily* sue to argue that the major controller is acting in not the best interest of the company.
Yvonne's Public Persona (when in the rare instances we see her) Is Also Awesome.
Linus, you may be winning legally, but this is a kangaroo court
We love Yvonne! More videos with Yvonne!
At 10:32 I thought Linus was about to say that Yvonne and him are in an entanglement 🤣
To be fair. If linus manages to retire with the company in good condition, a good marriage and still being friends with most of people at work, it's a small miracle. Being liked and being the / a boss to many is difficult in it self (if you also have to make hard decisions) 😅
From the outside I really admire his work very much. Oh and also three kids... Marriages disintegrated on this alone 🙈
I Love seeing the love between Yvonne & Linus, it's so refreshing to see such deep love & commitment.
Yvonne's part of the roast is my all-time favorite LTT clip. She's amazing.
starts with jeffery epstein, nice
Yvonne is awesome, I love seeing her put herself more into the videos. Your family is really sweet and I love seeing yall interact and work together. Idk if that's weird but its wholesome to see for us
Linus: "Never go to bed angry"
Luke: "Yeah!"
That man has definitely heard some early morning resolutions 🤣
Man, watching you guys grow as a team for the past decade plus has been awesome. Kinda makes me want to move to Canada and apply for a job with you guys just to take a chance at maybe being in that kind of friendly tech-centric environment.
Linus this entire clip: Just keep digging! We going for the couch tonight!
I love that your whole company core are the best of friends and see each others stuff..
Holy fuck I never realised Yvonne has literally funded the start of ltt.
Luke had an axe to grind in this one. It was amusing to watch unfold.
Linus, consider offering bonds to us viewers. It's a good compromise between going public and self funding.
Honest to God if he offered corporate bonds with a decent interest rate that would match inflation I would definitely get interested.
@@michaelf.2449 I would be down.
@@michaelf.2449 well, if they Match Inflation it would be no brainer because you cannot Lose.
But how often do they Match 10% Inflation (or another number like that)?
@@cyjanek7818 ohhh I'm talking general inflation so 3%ish I know recent inflation isn't realistic
I was kinda like a manager for my ex as she tried to start a streaming career. I did a ton of work behind the scenes, and she actually started doing pretty well, making enough to pay rent from stream. I can related to the “not having energy” to have a public presence thing.
I fricking love the dynamic between Linus and Luke.
man i love these clips
ey, random CGP Grey mention
would it be better to change the name from Linus media group to Sebastian media group because Linus and Yvonne's last name is the same so that it becomes more apparently joint
I thought Yvonne still used Ho as her last name?
@@kecuthbertson maybe. I dont know
I think the idea is its not just Linus or Yvonne, but rather everyone in the organisation so it should be a completely separate name
Nope the only reasonable move left is to name it. "Meta Media Group" go public and raise 45 gazillion dollars
@@kecuthbertson Ho Media Group sounds like a different sort of online media firm.
one dollar, that's my final offer
I'd do it for Anthony
Completely agree with everything that was said, up to the point where "hockey stick moment" is said and I completely lost the thread of the conversation 😁😁😁
Luke nodding his head in agreement at 11:29 is by far the most hilarious part of the video!
I have so much fun seeing your friendship, keep it up!
(Okay, the content is great too... :) )
It’s good to see such strong rapport here, and it’s one of the reasons I love this particular show. Also I miss Luke in the main content, taking nothing away from the great team today.
8:50 - I literally couldn't help but chuckle and actually say out loud "Oh my God" lol.
It’s odd but I still think of it as NCIX Tech Tips. The bright side is that branding must be pretty cheap right now, although it’ll be more tarnished than anything in Eldin Ring. 😅
Turns out not even for 100 milion he'd sell it
Company valuations are not just based on ebidta and a multiple based on the ebidta. If you have the ability to show how the said explosive growth is going to affect your business, have a substantial line of credit or working capital then your valuation will go up. The only question is are you willing to let go of the profit just as you might start making a lot more money.
Who doesn't want a sound proof room
I'm actually very surprised that Linus and Yvonne didn't enter the prenuptial agreement, they look like the people that would have one
I really wish to see Yvonne in more videos. i think we all know that she low key "runs the show" and i enjoyed seeing her in the new lab building video, you right when there is a sharp contrast to past Yvonne and present with energy levels in the videos! running a business and raising kids is not easy! mad probs.
I love hearing about Linus the CEO and business owner rather than Linus the RUclips host. Keep it coming!
@11:40 all of a sudden those soundproof rooms from Fang aren't so bad. Haha
Good for you on making this work.
Personally I really become distanced from RUclipsrs trying to make this style of multiple people work.
I think branding away from your personal image is an option, but not required for growth. Most people just come for you.
i am so happy for LTT’s success, looking back on the NCIX days is so trippy.
7:39 "Hockey stick moment" so Canadian. XD
Yvonne in the videos is always refreshing. The Yvonne, great job Ts at ltt store would go as fast as the screwdrivers. Lol
Man Luke seems like a great guy to be in a relationship in. His SO scored
in fairness, if something would happen to linus and his family... LMG could be Luke Media Group. it would be like Steve jobs to Tim cook.
With the name thing, the yogscast did the same a few years back and they now have their umbrella corporation as forth floor creative and the yogscast (and its subsidiaries) under forth floor media.
This actually aged well. Roughly a year later and he's turned down a $100m offer to sell and hired a CEO to manage the day-to-day but retained creative control. Pretty much stayed true to his word in this clip.
Wow being a relationship manager for large corporates for an international European bank I can tell that you thought in the right direction in terms of group financing. Getting your legal and org structure right makes financing so much easier. From the data I know (number of staff, revenues, product range) I would assume that fixed term loans in combination with a good working capital facility would be the right way to go. Don’t think that IPO, Sam loans or bonds makes any sense here yet. Also additional equity could be an option.
I think LTT is a gem the deserves everyone's support and love for all they do so well
Linus is sleeping on the couch tonight
Please just make it "LTT Tech Tips". When someone asks what the LTT stands for you can say "LTT Tech Tips"
Recursive acronyms FTW
THIS
LinusRelationshipTips when?
Also, if you end up connecting with one of those discount organizations... could you end up having a Group Group Groupon?
The understated acceptance of his wifes worth shows a true love you dont often see...Im very impressed.
New parent company. The Tech Collective!
Okay want to comment again because I finished the video. Linus, you are amazingly self aware, selfless (to some degree). It takes a strong person to remove yourself from the giant LTT has become, many CEOs and founders forget this and still want everything to revolve around them.
This sounds like a really chill therapy session lmao.
Leading Tech Tips. Leading Media Group. That's a good name for what you guys do. You provide tips on industry leading tech. Also could imply that your tech tips are leading.
It shows what you guys do, while also allowing you guys to feel some healthy arrogance as a pick me when you need it.
Just imagine having a hard time on a project of some sort, and someone shouts "Come on guys, we are THE Leading Media Group, if anyone can do this, it's us!"
Now that is a morale booster.
This was a wild one lamo🤣🤣
how about Luke Umbrella Corp. because from the sounds of it he has been your counsellor for fucking decades
Not even in a jokingly way... the name "Whonnock Media Group" would be sick ngl
the "objection hearsy! killed me!!
Ayyy he mentioned the one and only cgp grey!!!!!
This went to the island man really quick lmaoo
"Group group" lmao
NOT ONE DIRECTION XD THAT KILLED ME
"that hockey stick moment"
I like Group Group, maybe Tech Group? LTT Group? I liked this clip and the relationship tangent, wonderful slice of life there. Whonnock Corp isn’t bad either :P
Luke roasting Linus is always entertaining XD
Just curious, does creator warehouse do any work for outside clients?
Time to add credit rolls at the end ov every video 😂