Tom Nash
patreon
Patreon Zoom Call - August 30, 3:30PM EST
🕑 Added 2022-08-29 03:58:24 +0000 UTCHi All,
Thank you so much for the continuous support. We will be having our zoom call on Tuesday August 30 at 3:30 PM EDT.
Please note as long as all the participants in the call give their consent to record. We will be posting the recording here on Patreon after the call to give all the Patreons the chance to hear different perspectives about the topic.
Please see the below link for the Zoom meeting, hope to see you there!
Join Zoom Meeting
https://us02web.zoom.us/j/4454856545?pwd=VDRFandGYVdmV1hES2F5NENRczZ5QT09
Meeting ID: 445 485 6545
Passcode: Tom@2022
Comments
Sandra Catchings
Hey Tom- I realize that you do not buy IPOs, nor do I. However, I did want to know if you had any thoughts about the Porsche IPO :) Other than- watch and wait, which is normally what I do. I can say- if they stick with tying themselves to the VW image by using the ticker VOWG (or is it VOW3, not sure but both are pretty crappy) - they are missing out on capitalizing on the Porsche image and the fan base - which is both hefty and seriously dedicated. Porsche owners/fans and the general public, for that matter, may feel that the ticker drags down the image. Plus- I think VW's company has alot of issues with unions and such. I don't really understand the dynamics of it- as it seems that the with the CEO of Porsche now running both Porsche and VW, that Porsche would have a bigger voice in the company's business- but that is not the sentiment I am picking up on. I think that the families have just barely more - like 53% of voting rights. In most mergers that I've followed- when the principal has that little of an edge, it's just not enough. For example, Truist- that's a flipping trainwreck on the mangement level. BB&T was the rpincipal, but by a very small percentage--- thus the problem. Years later- ducks are still not in a row and the bank (6th largest) runs like a runaway train.
