Ciroc and Deleon cut ties with Puff ?

[1thouwow]

Y'all dudes should not discuss business here. Just go back to dodge coin and amc investments. Thread title is bogus and so are the conclusions people are making

Can you help explain it to us simple minded folks

 

[fifth column]

and that’s where you’re wrong. You just wanted to come into this thread to talk down to people when you don’t know wtf you’re talking about. He doesn’t own Ciroc, he’s the marketing and promotion manager and he doesn’t own a majority stake in Deleon. He was MARKETED as an owner and YOU fell for it just like they wanted you to.

The info provided says he has a 50% stake though, where does your info come from?

 

[Amestafuu (Emeritus)]

and that’s where you’re wrong. You just wanted to come into this thread to talk down to people when you don’t know wtf you’re talking about. He doesn’t own Ciroc, he’s the marketing and promotion manager and he doesn’t own a majority stake in Deleon. He was MARKETED as an owner and YOU fell for it just like they wanted you to.

Damn you showed me.

the ciroc profit sharing deal was public from the beginning. So who was lied to or fell for what again?

He's not leaving with nothing. They buy his stake or he buys them out

Can you help explain it to us simple minded folks

Stop it bruh you know exactly what I mean. You could be a fashion business with Just your creative ideas that you take to a distribution network of printers and manufacturers. That doesn't mean you just a worker.

 

[African Peasant]

Not really because if you are a billionaire why do YOU have bosses???

You can be a billionaire and have bosses. It just means you're part of the high managerial class.

However, I don't believe these rappers/celebrities are billionaires. Most of the time it's PR.

 

[African Peasant]

Y'all dudes should not discuss business here. Just go back to dodge coin and amc investments. Thread title is bogus and so are the conclusions people are making

LOL @ you acting like you're dropping some DEEP knowledge.

You're just bullshytting like the rest of us on thecoli.

 

[skokiaan]

Preh flipped 1k into nearly a billy?...someone call ja rule

 

[GunRanger]

The 5th slide clearly states he has 50% stake in the brand and y’all ran in here with that same BuT hEs Not A BosS talk



That 3rd slide is wild though. Puff made over 1.5 billion and only spent $1k out of pocket

He only has 50% in Deleon. He was just a marketer for ciroc.

 

[degu9089]

However, I don't believe these rappers/celebrities are billionaires. Most of the time it's PR.

Or if they are billionaires, it’s lower class billionaires. They own percentages of business that don’t give control, but they reap some profit from it. They are cut out of owning controlling shares though, so they are kind of told what to do. But a lot of it is cap as well. Dre’s divorce proved that, he wasn’t worth close to what was being shared.

 

[Complexion]

Be surprised when rappers exaggerate, brehs....

 

[NigerianDonDada]

 

[Amestafuu (Emeritus)]

LOL @ you acting like you're dropping some DEEP knowledge.

You're just bullshytting like the rest of us on thecoli.

Nothing about being deep. Just hate these narratives about Black men at the top being workers ans having no ownership because they don't have 100% of a business's.

 

[Gritsngravy]

I hope he don’t sell no weak ass weed, seems like all the celebrity weed brands is overpriced trash

 

[gho3st]

Same game new players. Make money off black folks, cut ties, and then rebrand. Still I am getting tired of the rappers and entertainers passing off products like its there's when they are really employees.

right? Nobody knew about ciroc before diddy. But he lowkey fooolish for not stressing ownership in his deal

 

[King Poetic]

Puff made his money off only contributing only $1,000 .. got damn what a win

I see why he just giving city girl ass a couple jewels

 

[CrimsonTider]

right? Nobody knew about ciroc before diddy. But he lowkey fooolish for not stressing ownership in his deal

Ownership is overrated. He had 50% split of the profits