News ONE Championship raises another 150 million

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I will never understand how these billionaires decided to burn money in ONE lol
Like at least We work and Theranos made sense for "asset" and "world changing tech"

I mean just seeing that ONE hides the viewer count on YouTube while the South China Morning Post (ONE's closest media friend) barely did any number interviewing its athletes gotta raise red flags right?
 
No but legit someone please explain how ONE FC turns a profit!?

-They stream all of their cards on YouTube for free.

-Upload all their fights online for free archived on YouTube.

-Give out free tickets all the time.

-Have to pay their fighters.

-Have to pay for production and media.

-Don’t do PPV’s.

So how the fuck are they making so much money!!!
 
Gamblers cannot watch as most shows are pre-recorded... I watch free from YouTube but if I miss it I do not care. UFC and PFL I try to catch ever episode. One spends money on a few high level fighters and spends it's time trying to keep in the winning column certain fighters giving them break after break.<Moves>:sniper:
 
No but legit someone please explain how ONE FC turns a profit!?

-They stream all of their cards on YouTube for free.

-Upload all their fights online for free archived on YouTube.

-Give out free tickets all the time.

-Have to pay their fighters.

-Have to pay for production and media.

-Don’t do PPV’s.

So how the fuck are they making so much money!!!

Who said they make a profit lol
 
No but legit someone please explain how ONE FC turns a profit!?

-They stream all of their cards on YouTube for free.

-Upload all their fights online for free archived on YouTube.

-Give out free tickets all the time.

-Have to pay their fighters.

-Have to pay for production and media.

-Don’t do PPV’s.

So how the fuck are they making so much money!!!
They don't
 
No but legit someone please explain how ONE FC turns a profit!?

-They stream all of their cards on YouTube for free.

-Upload all their fights online for free archived on YouTube.

-Give out free tickets all the time.

-Have to pay their fighters.

-Have to pay for production and media.

-Don’t do PPV’s.

So how the fuck are they making so much money!!!

if they were making money, they wouldn't be needing some other investor's $150M
 
if they were making money, they wouldn't be needing some other investor's $150M
But how do they manage to convince people to invest in their company when it doesn’t turn a profit?
 
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