Posted on 09/02/2023 8:10:34 AM PDT by Responsibility2nd
~snip~
Let's start with the basics. Ramaswamy has funded his campaign through the sale of over $32 million in Roivant stock options in February of this year. This could lead one to believe that Roivant, based in Bermuda, is thriving and that Ramaswamy is a great entrepreneur. Except the company reported staggering losses of $1.2 billion in its financial report of March 2023. This isn't a one-time slump: In March 2022, when Ramaswamy was still Roivant's chairman and a major shareholder, the company reported an annual loss of $924.1 million.
~snip~
The reality is that Roivant's finances were abysmal under Ramaswamy's watch. During his tenure in 2019, the company's net operating loss exceeded $530 million. By 2020, the losses had doubled to over $1 billion, accompanied by a 65 percent decline in revenue.
These numbers raise a puzzling question: How can a company consistently bleeding billions trade at over $10 a share?
~snip~
While Ramaswamy vocally opposes ESG principles, Roivant's major institutional investors—including Morgan Stanley, Viking Global, and BlackRock, the very firms he criticizes by name—are among its largest stakeholders, owning over 500 million shares. Ramaswamy himself holds more than 80 million shares, making him an essential partner of these major ESG funds.
In a deeply ironic twist, Ramaswamy's anti-"woke" campaign is being bankrolled by the profits reaped from the very policies he denounces.
~snip~
Ramaswamy's latest scam appears to be his run for president. The 38-year-old presidential candidate appears to have no serious interest in leading the nation. In fact, according to people who know Ramaswamy, the goal of his campaign seems to be to block Florida Gov. Ron DeSantis' path to the nomination by running as a MAGA-adjacent candidate.
(Excerpt) Read more at newsweek.com ...
OK. 🙂
Vivek vs Newsweek.
I take Vivek!
He keeps saying things the left hates, but his arguments are persuasive so he must be silenced. They will bring charges against him soon.
He also puts the lie to the Dem narrative that a person of color is greatly oppressed in America, and can not succeed without government intervention. He did it on merit alone and without screaming white supremacy every ten minutes. That also has to be silenced.
No, the establishment on both sides is afraid of him.
Let him speak.
_____________________________
Exactly what foreign policy views does Vivek have. Nikki was dead on when she told him this...
You have no foreign policy experience and it shows
hmmm ... if the leftist deep state fascist long knives are out for Vivek, then they obviously view him as a threat of some kind to their agenda ...
“In the meantime, founders and early investors commonly sell off pieces of their ownership, not just to get cash for themselves but to expand the pool of investors backing the company. That does not mean that Vivek or other entrepreneurs are frauds.”
That is true—but it does raise the possibility of money laundering or other dubious activities—and in many cases there is fraud happening.
The details matter—and I think it is reasonable to suggest there is a red flag there.
V’s spinners have a semi-credible answer for everything—the problem is that there are just too many “clues” that something is amiss...
It kinda reminds me of a large scale version of Hillary’s cattle futures deals...
A fan of Nikki Haley are you? You must be a neocon and Israel firster like she is. She’s totally in their pocket. Personally I’m done with these never ending neocon wars that have bankrupted this country financially and have accomplished exactly NOTHING.
Most interesting is the idea posed here that Vivek is just in this to set back DeSantis and his intent here is to glom on the MAGA train and ride along with Trump.
*********************
The only person setting back DeSantis is DeSantis.
Vivek should be dead meat compared to the greatest Governor in American history.
I am currently working at my 6th Startup.
As you say it’s a risk. However I enjoy building something new, and working with different people. The opportunities at a startup are considerable for the resume…if one is willing to do the work.
I like Vivek. Not for VP. He can fit in somewhere else. Trump Will surprised with VP pick I think
The attacks on V.R. are from Team Meatball, because there guy is Toast.
You just can’t get enough transgender love. Vilek says he fully supports transgender military personnel in the military and would not kick them out. You have the pride flag flying at your home I bet.
Personally I believe “transgenders” are basically just mentally ill people who don’t belong in the military any more than other mentally ill people belong in there. But there’s no candidate that I agree with 100% and as political policies go whether trannies should be in the military or not is not near the top of my list of importance. So I can disagree with his position on this but overall still support him.
I have no interest in the guy, but if I was interested I would want to look closely at the names and backgrounds of all of the (particularly early) investors to see if they could have ulterior money laundering motives (other than just good old fashioned greed)...
;-)
Vivek has the gift of gab, or perhaps it's more appropriate to say he has the grift of gab.
In other word, he's a very gifted conman.
He has the right enemies.
Ramaswamy is no record empty suit. Campaign season gum flapping is worth less than nothing. But go ahead and project onto him whatever you wish.
He keeps saying things the left hates
He keeps saying those things because he knows that is what the MAGA audience wants to hear.
That wasn’t projection. It was observation.
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