Bevel took a huge L in its sale to Proctor & Gamble.

[Problematic Pat]

Possibly get 500 million dollars but only walk out with 40 million brehs
















Still 40 mil more than me though

Investors ain't recoup their $40 million investment so I wonder what Tristan got out the sale cause it sure wasn't anything near 40 mill.

 

[you're NOT "n!ggas"]

But he went right back to being an employee because he's the CEO but reports to Proctor & Gambles people before making an decision.

I saw his vision with the company but the way our communities across the globe have been purposely financially suppressed it's harder for him to market the product in the Caribbean or Africa at Americas price point. Not to mention the hundreds of million Afro latinos who are economically irrelevant along with the Afro Arabs. Economic warfare ain't no joke brehs.

If he's like any other entrepreneur, and I'm sure he is, this isn't/wasn't his only venture. It's just the one that has seen the most success. Chalk up the L(essons) and enhance the drawing board.

 

[Theo Penn]

Should have sold a couple of years ago.

Breh really played himself because a couple of knockoff companies came out right after that initial offer he got. For instance, these Indians came out with this bullshyt:

Bombay Shaving Company | The Finest Men's Grooming Products

Breh had the window at the best opportunity and overplayed his hand.

 

[---]

How the hell do you know they lost if you don't know any of the financial terms?

 

[Master Teacher]

turning down 500 million dollars is bad business borderline retarded, you can't start more business with that money lmao,

 

[Amerikan Melanin]

Tristan took an L. I knew it wasn’t going to last when black barbers started rejecting it. He should have given barbers with certifications a significant discount and formed some sort of social group for them to interact. Barbers used to be looked at as elite in black communities. He should have brought that back. Have Bevel endorsed barbers in every city.

He got a position with the company so he’s good.

 

[Theo Penn]

How the hell do you know they lost if you don't know any of the financial terms?

Nicca! Are you serious?!

That says it all

 

[I Really Mean It]

Possibly get 500 million dollars but only walk out with 40 million brehs
















Still 40 mil more than me though

He didn't walk out with $40 million.

 

[Theo Penn]

He didn't walk out with $40 million.

Sure didn’t. Had to pay back seed investors

 

[---]

Nicca! Are you serious?!

That says it all

Again what were the terms of the current financial deal? That other jpeg file you posted has no validity behind it, it was here say at most.

 

[Ol’Otis]

Dollar Shave Club was acquired by Unilever for 1 billion in September

They had such a simple business plan

 

[ATownD19]

Nicca! Are you serious?!

That says it all

I still remember this post

 

[Ol’Otis]

More than a few people say they weren’t feeling the clippers

shyt was expensive

 

[Amerikan Melanin]

That 500 million offer is bullshyt btw. It was never in writing. I don’t even remember hearing him say that.

 

[CHICAGO]

Again what were the terms of the current financial deal? That other jpeg file you posted has no validity behind it, it was here say at most.

ITS ALREADY BEEN POSTED IN THIS THREAD...

IT WAS LESS THAN 40 MILLION
BECAUSE THE INVESTORS DIDNT RECOUP
THEIR FULL 40 MILLION.



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