Quote:
Originally Posted by CaptainCrunch
So RSE bought it for 170 million and are selling controlling interest for about $150 million.
They probably lost their stuff at their first year losses.
They basically lost about 45 million in the fist year with this sale
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They paid $170 million for 100% of the team and would practically get all of that back now by selling 50% of it. That puts them about $135 million to the good (sale price plus value of remaining share), less whatever operating losses were, after only one year.
At this point, RSE is making a killing, really.