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Originally Posted by SZNY
He explained in his speech what he thinks about piracy, how he fights it and also explained that you can't really exterminate it. Personally I think that file lockers and forum sites where you find complete copies from pay sites did more harm as tube sites.
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File lockers are top of the tree for some downloaders. Remove them, the traffic ends up on Tubes. It's a cascading system.
As for fighting piracy, well that he's vague about. He said he can't delete whole accounts of people who break his TOS, well we know that's BS. He never did come back with a definitive answer from his lawyers on that one. Advertising on a piracy site isn't fighting piracy, it's funding it.
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In short, a WS firm/bank handing out 9 figure "cash" loan to a guy who went bankrupt and just 5 years earlier was freelancing whoring for coding jobs? Wake up as you can almost see his attorneys handler leash in the video.
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We are all assuming the money came from bankers. Knowing what's required to get a bank loan in good times in a flourishing industry and with a track record of a profit margin that would make many gasp. I doubt like you these financiers are bankers as we know them. The financial sector on this size of "loan" would of wanted some pretty water tight guarantees and collateral?
I said $100,000,000 Fabian implied it was a more. So does a financial organisation just "loan" a porn company $150,000,000 or $200,000,000. Or do they say "Go Public" and we will buy the shares?
Or did the money come from elsewhere?
One thing is 100% for sure. We will never be told.
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Originally Posted by Jesus H Christ
That made me laugh, hard. BUT if he was truly able to pitch a WS bank for a 9 figure cash loan for this industry with his past bankruptcy? He's totally in the wrong business as I personally, would of paid a lot of money just to be a fly on the wall during that pitch and close.
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You don't pitch to a banker. You lay down hard facts. Usually backed with collateral.
My company is currently worth $100,000,000 which we got from ??????????. Still here are my figures for the last 3-4 years, figures of the industry turn over for the last 5 years, figures of our projection of the industry for the next 5 years. Which is the time we will repay a loan from you of $200,000,000.
Yes that's a pitch. Into the dumpster.
