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🤣Endeavor’s IPO🤣

Ari Emanuel,
u a *Dirty Bird.

After returning $400M of
direct KSA investment,
now, Mr. Hollywood Mob
taking co. *public.

Sher there will
B NO KSA investors invld.
Trip. Fall. Fail. Repeat.
routine always fun.…
Ari Emanuel built a great talent agency
—and then bought a jumble of assets
mostly w other people’s money.

With the IPO,
he will fulfill a great Hollywood dream
—but that doesn't make it a great company.


Endeavor IPO
could benefit backers,
▪️Silver Lake Partners

[Silver Lake invested $200M
4 a 31% stake in 2012 + another $500M
4 add'l 20% stake in 2014.
SoftBank invested $250M
4 a 5% stake in 2016.

Who doesn't enjoy a little UFC?…
Read 7 tweets

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