Al Gore Set To Rake In Millions Off An IPO

magprob · #1 Mar 8, 2008, 04:13 AM

Al Gore Set To Rake In Millions Off An IPO - America Talks Back, News

It has been reported that former Vice President Al Gore stands to make approximately $50 million when the TV channel he founded, Current TV, goes public.

The channel is very popular among tech-savvy 18-34 year olds, and it was billed the “television for the Internet generation." It is only currently available in about 19 million homes, and has been losing money for the past 2 years.

We have DBC, Democrat Broadcasting Company, and NBC, NeoCon Broadcasting Company. Now, isn't that FAIR AND BALANCED?

parttime · Mar 8, 2008, 04:23 AM

capitalism at it finest.

excon · Mar 8, 2008, 06:15 AM

Quote:

Originally Posted by magprob

Al Gore Set To Rake In Millions Off An IPO

Hello mag:

And, this pisses you off why?

excon

tomder55 · Mar 8, 2008, 07:07 AM

at least it isn't a global warming scam venture

I have no problem with him being a venture capitalist .It beats the hell out of the anti-business populist rhetoric that is now in the standard Democrat playbook.

inthebox · Mar 8, 2008, 12:55 PM

Can't say I like the guy's stance on issues, but if he worked for it, risked, and gets the benefits, all the more power to him.

magprob · Mar 8, 2008, 03:42 PM

Why would it piss me off? Did I say it pissed me off? No. I can just turn it off if I don't like it. The same way I turn Faux News off. I think it will be interesting to see the contrast from Faux news. Will there be any contrast? Doubtful. It will be a good platform for his agenda. I'm sure it will at least be as fair and balanced as Faux.

N0help4u · Mar 8, 2008, 06:18 PM

A. He is Democrat so he is ENTITLED to be a hypocrite of down with capitalism & make all the $ he wants to.
B. He DID invent the internet ~ remember?
C. We have DBC, Democrat Broadcasting Company, and NBC, NeoCon Broadcasting Company. Now, isn't that FAIR AND BALANCED? YES a plus because then they may not fight for the fair act or they would be putting themselves out of business

tomder55 · Mar 9, 2008, 01:19 AM

excellent point about the "Fairness Doctrine" although I hear they plan to be selective and apply it only to public airwaves and specifically target talk radio . Since the Democrats would be the final arbiter it would be interesting to see what they consider a fair representaion of news and opinion.

I will try to catch some Current TV on my direct TV (I did not even know I had the channel) I went over to the Current TV website. It does cater to a very selective niche of tech-savvy 18-34 year olds who are basically doing what we do here;except they are doing it almost exclusively in video format. ..... Posting things that they find interesting .

To me the genoius of the internet IPO/ stock is that they are selling basically a non-asset company for mega-bucks. Internet IPOs in particular are quick money grabs. Often times they don't even have revenue let alone a positive cash flow . But a venture capitalist and an investor weighs that risk against the possibility that they are getting in the ground floor of the next eBay .Sometimes it works out. Hmmmmm maybe I should take tomder inc. public.

magprob · Mar 9, 2008, 08:52 AM

Forget jumping in on the IPO, I'm going short from the start. If you are going public with tomder inc., you may want to look at a reverse merger. Believe me, there are plenty of shells to choose from! It's the cheapest way to go. So, what does tomder Inc. produce?

BUYINS.NET



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