Velocity Capital Management
3 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Mar 23, 2023 by David Abrams · said 9 times in 1 episodes since 2023 · across every show →
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brought up most by Ted Seides (6), David Abrams (3)
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Everything said about Velocity Capital Management, oldest first
Mar 23, 2023 negative
Mar 23, 2023 positive
Velocity Capital Management invested in carving out the X Games from Disney
“Ultimately after a lot of stop and start negotiations and a long year-long discussion, it was carved out of Disney and the transaction closed in October, and given Arnie's historical knowledge of it and relationship, we invested in it in Velocity.”
Mar 23, 2023 neutral
The X Games historically generated zero game-day ticketing or hospitality revenue
“Historically just given the size of it for the game day events, whether it's the winter games in Aspen or summer games elsewhere, there were no game day revenues. So think of going to a baseball game where all the tickets are free and there's no hospitality an…”