Kanye in banker terms
Imagine - you’re an MD/Partner with strong connections in your coverage industry, but have been too lazy to branch out from your firm and start your own practice. But one day you realize you’ve had enough, but your current firm is being a pain in the right cheek about you leaving, so they start painting you as some villain that’s up to no good. You try defending yourself but it only plays into the narrative they’re pushing, so rather than defend yourself, you play into it & embrace the villain image to the point where your firm has no choice but to let you leave (terminate you) and forego the deal fees you would’ve generated.
The reality is this, you had no choice but to force your way out and start your own firm because your ex-wife and mother to your children just launched a PE fund while you’ve been too focused on working your way up the corporate ladder. Sure it pays the bills, but it’s time to show her that you’re not just a businessman - you are the damn business, man.
*assumptions* - Ye (f/k/a Kanye West) forces way out of Adidas, Gap, Balenciaga, etc. to launch all-in-one music publishing, fashion manufacturing/retailing, strategic advisory firm that features a buyout & growth stage VC arm alongside it’s banking services so that Ye can provide outside capital to his company, rollup small fishes in his pond, and lead left his company’s acquisitions of Adidas, Gap, and Balenciaga.
Sincerely,
Intern
Looks solid, pls put on slides, make nice!!! and send over thx
I can definitely subscribe to your analogy. Self-sufficiency is an absolutely incredible feeling! Although in your particular example, perhaps without the Kanye West mental health issues...
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Update: Ironic what's transpired the *very day* after this thread got posted. Adidas, rather, has CANCELED Kanye over his egregious antisemitic comments. As a result, overnight, he's lost more than 3/4ths of his wealth and is no longer a billionaire (Forbes Net Worth $2B ↓->↓ $400MM).
#coolitwiththeantisemiticremarks
#dontbitethehandthatfeedsyou
Smh, took them long enough. You'd think a German company like Adidas would've acted quicker, haha. On the flip side, their stakeholders had to agree on terminating the man responsible for literally 10% of their yearly revenue, which is fvcking insane!
😶🍿
Is this a fact? Insane if true, gives me a bit of a softer perspective on his outbursts. I thought he was just being a spoiled little child about it.
Can we point out the irony of Adidas, named after a literal Nazi Party member, cancelling anyone over anti-Semitic comments?
Highly doubt he loses that much net worth and cash flow. Factories outside the US don't give a shit about the PC police. His brand accounted for $1.8-2B in sales and over 10% of Adidas' topline. Demand is demand.
Adidas will come out rougher in the long run, unless Kanye torpedoes his own brand, which is still far-fetched.
Dude this isn't up for debate, it's black and white reality. Irrespective, market volatility doesn't care about what you think, society determines it's worth. The faster you learn that, the sooner you'll be successful. For Ky, banks won't even work with the man anymore, JPM also dropped him like a hot potato.
Where does his $1.8Bish in revenue go from here? He could conceivably blow it but has shown ability so far. He learned from Kim for years.
I think he got cancelled over the violent "death con 3" statements towards Jews. The media, finance, law, medicine stereotyping comments, while insensitive, weren't the deciding factors (like saying women are generally homemakers, not men).
That wasn't "violent" lol, he meant "defcon 3" and used a malaproprism instead because he's not all that bright. It just meant he's "going hard".
wallstreetoasis AndyLouis can we move this to OT? I think we know which direction this is going. Hot takes starting to come in from our brave brave anon posters.
Yeah my bad. I started out in good taste it just went left from there really quickly.
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