News Get In! Get Rich! Get Out! (Conor sells off Proper 12! Doubles Net Worth!) - Updated

[FIghtxIQ]

how are you concluding this is what happened?

The reports everyone is posting is he got bought out by force. Not that he sold off the rest of his company purposely.

Conor likes being a successful businessman, I don't think he wanted to fully sell his company that he started from nothing after spending all this time promoting it. He doesn't have another business venture besides this (except for his merch and clothing line, but the clothing line isn't successful like Proper 12). Plus all reports are saying he got bought out and didn't purposely sell his remaining ownership. People get bought out like this in business all the time, it's how they take control of the business by force.

That's why if that's what really happened, then I don't think McGregor is happy about it at all even if he got paid.

 

[kflo]

The reports everyone is posting is he got bought out by force. Not that he sold off the rest of his company purposely.

he wasn't "bought out by force". they (becle) exercised an option that was negotiated at the inception of the brand. this could have been exactly what conor and his team wanted all along when it was started.

 

[Fergelmince]

George Foreman?
Oscar?

by the age of 32?? not even close.

 

[FIghtxIQ]

he wasn't "bought out by force". they (becle) exercised an option that was negotiated at the inception of the brand. this could have been exactly what conor and his team wanted all along when it was started.

That is assuming that is what they wanted. If they didn't, then he was bought out by force. Either way we'll find out soon enough when more reports come in and how McGregor handles the sale.

If this sale was on purpose he will post about it like all his usual successful business news, just like Jay Z recently tweeted about his successful champagne sale. If it wasn't on purpose you probably won't ever hear anything about Proper 12 from McGregor ever again.

 

[kflo]

That is assuming that is what they wanted. If they didn't, then he was bought out by force. Either way we'll find out soon enough when more reports come in and how McGregor handles the sale.

If this sale was on purpose he will post about it like all his usual successful business news, just like Jay Z recently tweeted about his successful champagne sale. If it wasn't on purpose you probably won't ever hear anything about Proper 12 from McGregor ever again.

i don't know what you mean on purpose......the large beverage company exercised their option to buy out the rest of the company at a price point that was negotiated at inception. this is exactly what an investor (conor in this case) is hoping for when they enter into such an agreement. the sooner it happens the better. of course conor will say this was a success.

 

[FIghtxIQ]

i don't know what you mean on purpose......the large beverage company exercised their option to buy out the rest of the company at a price point that was negotiated at inception. this is exactly what an investor (conor in this case) is hoping for when they enter into such an agreement. the sooner it happens the better. of course conor will say this was a success.

Because people can be bought out from their position against their will. People can lose ownership on technicalities, and that is what being bought out means. Unless he expected this, and this was his end goal all along. If it isn't he got bought out by force.

No word from McGregor when he usually post about his business ventures/deals is a bit of a clue in the whole situation. If that was his end goal to sell the whole company, he would be posting about it since he just reached his goal. McGregor has never been shy about highlighting goals being reached.

 

[kflo]

Because people can be bought out from their position against their will. People can lose ownership on technicalities, and that is what being bought out means. Unless he expected this, and this was his end goal all along. If it isn't he got bought out by force.

again, of course he WANTED this. this is the only best case scenario. he KNEW at inception that the big company had an option to buy out the company at a set, high, pre-negotiated price. if the company valuation gets above that price, they WILL exercise that option. getting to that point is the objective. getting to it faster is even better.

if the company valuation gets high enough, how can anyone expect the call option to not be exercised?

 

[FIghtxIQ]

again, of course he WANTED this. this is the only best case scenario. he KNEW at inception that the big company had an option to buy out the company at a set, high, pre-negotiated price. if the company valuation gets above that price, they WILL exercise that option. getting to that point is the objective. getting to it faster is even better.

if the company valuation gets high enough, how can anyone expect the call option to not be exercised?

You are assuming he wanted this. Let's wait for the news to come out. Conor has never been shy about his successful business outcomes. If this sale was something he intended to happen, he will highlight it the same way he has in the past. Just like Jay Z did recently with his successful sale.

 

[Papa Doc]

I think it will do well because it's a Conor trilogy but it's the end of the line when he gets finished again.

He's playing his last hand.

Other than the Nate trilogy and a Super fight at WW with a 40 something year old GSP.

 

[Royce's Gi]

Great move, I think.

Now he's even richer!

 

[snackgod]

You don't get it, he purposely sold 51%, he didn't purposely sell the rest of his ownership stake. You guys are just looking at it like at least he still got paid. That isn't the point of all this. This was a power move done to take the company away from McGregor. That's the most important thing to focus on in all this. Stop focusing on the money. He actually loss money because it's worth more than what he got paid. That's why they are willing to buy him out.

This is very different than Jay Z's recent sale of his Ace of Spades champagne which is valued at over 600 million with Jay Z still retaining 50% ownership. Conor was bought out, Jay Z purposely sold and kept 50% ownership.

https://www.forbes.com/sites/abigai...-kardashian-george-clooney-rihanna--cashouts/

Others purposely sold partial ownership or full ownership, they weren't bought out by force.

let me be pwoer played and my bank acount double or tripled.

conor is laughing all the way to the bank. if you think conor was paid pennies than your nuts. conor was paid many millions wouldnt shock me if it was a few hundard miullion he put in the bank

 

[kflo]

You are assuming he wanted this. Let's wait for the news to come out. Conor has never been shy about his successful business outcomes. If this sale was something he intended to happen, he will highlight it the same way he has in the past. Just like Jay Z did recently with his successful sale.

how can it not be intended? it was an option built into the arrangement from inception. you're trying to dig in from your original point when it's not really logical.

 

[FIghtxIQ]

let me be pwoer played and my bank acount double or tripled.

conor is laughing all the way to the bank. if you think conor was paid pennies than your nuts. conor was paid many millions wouldnt shock me if it was a few hundard miullion he put in the bank

Then we should see him posting about it soon enough. The sale is a couple days old already. He's usually very vocal on his social media with any of his successful business deals. I think a lot of people only focus on him getting paid, not factoring if he actually wanted to be bought out and still retain ownership. Too many are just focused on the money and not looking at everything else. He was already a multi-millionaire, that was never the point of this whole thread. It was if he was bought out by force, or he sold off full ownership purposely. The bigger picture.

 

[FIghtxIQ]

how can it not be intended? it was an option built into the arrangement from inception. you're trying to dig in from your original point when it's not really logical.

Guess we'll find out soon enough. Conor isn't quiet about his successful business deals. If he intended to fully sell ownership, we will hear about it from him, just like all the other deals as they happened in the past. He may have sold off too much of his shares which led to the option of him being bought out. He may, or may not have wanted that to happen. We'll see how it unfolds.

 

[MMAMAX]

Not sure I’d want to relinquish total ownership of a product I created, but hey... the money probably softens the blow.

 

[kflo]

Guess we'll find out soon enough. Conor isn't quiet about his successful business deals. If he intended to fully sell ownership, we will hear about it from him, just like all the other deals as they happened in the past. He may have sold off too much of his shares which led to the option of him being bought out. He may, or may not have wanted that to happen. We'll see how it unfolds.

i don't know why you are not accepting reality. he intended to sell ownership the second they started the company, by agreeing to an option for their investor to buy them out at a certain price.

if you were looking for an investor, and they agreed to invest $1M for 20% share in your company, your company is valued at $5M. your value is $4M and theirs is $1M. if at that very same time, as a condition of the deal, you give your investor an option to buy your $4M / 80% share for $40M, your objective is for them to exercise that option as soon as possible. it is your intent. and hope. from day 1.

 

[DivineMind]

Because people can be bought out from their position against their will. People can lose ownership on technicalities, and that is what being bought out means. Unless he expected this, and this was his end goal all along. If it isn't he got bought out by force.

No word from McGregor when he usually post about his business ventures/deals is a bit of a clue in the whole situation. If that was his end goal to sell the whole company, he would be posting about it since he just reached his goal. McGregor has never been shy about highlighting goals being reached.

What you've been saying is technically true, he was bought out.

However, I don't think you can draw too many solid conclusions from this. Did they part ways based on McGregor's dwindling star power? Maybe. But then again, maybe not - it could have been a predatory move on their part, seeing that the brand had already taken off and they don't need McGregor anymore. Way cheaper to buy now compared to later.

And I don't think it was completely unexpected, either. These were terms written into the contract.

These advantageous buyout terms are part of the reason I don't think McGregor invested that much of his own capital into the venture, the main thing he brought would probably just be his star power.

 

[FIghtxIQ]

i don't know why you are not accepting reality. he intended to sell ownership the second they started the company, by agreeing to an option for their investor to buy them out at a certain price.

if you were looking for an investor, and they agreed to invest $1M for 20% share in your company, your company is valued at $5M. your value is $4M and theirs is $1M. if at that very same time, as a condition of the deal, you give your investor an option to buy your $4M / 80% share for $40M, your objective is for them to exercise that option as soon as possible. it is your intent. and hope. from day 1.

The reality is you don't know the official terms to their deal. You are reading the same sources we are, so unless you have actual information that is not posted on these posts you are assuming the details. I am going by the information that is posted. If you have more sources feel free to post them.

Like I said we'll find out soon enough, when has Conor ever been quiet about his successful business deals? The answer is never.

 

[kflo]

What you've been saying is technically true, he was bought out.

However, I don't think you can draw too many solid conclusions from this. Did they part ways based on McGregor's dwindling star power? Maybe. But then again, maybe not - it could have been a predatory move on their part, seeing that the brand had already taken off and they don't need McGregor anymore. Way cheaper to buy now compared to later.

And I don't think it was completely unexpected, either. These were terms written into the contract.

These advantageous buyout terms are part of the reason I don't think McGregor invested that much of his own capital into the venture, the main thing he brought would probably just be his star power.

it by definition can't be predatory. they exercised an option.

 

[DivineMind]

it by definition can't be predatory. they exercised an option.

I meant completely self-interested, just said predatory for flavor.