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 ...
Not always.
Your problem is known as the genetic fallacy. The article is either true or false, regardless of who publishes it. And that’s seldom easy to figure out.
I was an original employee of a biotech company in St Louis, Mo called Invitron.
I was given a lot of stock.
Years later when they looked to be folding, I sold it and made some good bucks off it.
Moved to Boulder to work for another biotech company, Synergen, which I then left later to work for Oncogen in Seattle.
All 3 of these companies folded after I left them.
That is the nature of biotech...you move a lot and the small startups are high risk.
What is it you think Vivek should do?
Are we not capitalists?
I guess I am also a fraud for looking out for myself and my dog, being single at the time.
How absurd.
I dislike both of them.
It is an interesting idea, though, I admit.
If he is out to support Trump, why is that a problem?
I don’t know whether Ramaswamy is sincere in his political beliefs or is a fraud but to be fair people have also questioned Trump’s business ethics and Trump was once a registered Dem and supported them financially. Maybe Ramaswamy just woke up as Trump eventually did.
Stop your tantrum for a moment and discover that you are responding to my post, which links to a Gateway Pundit article.
Read the article. Ramaswamy is a danger to the U.S.
If he is out to support Trump, why is that a problem?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Because Trump supporters have identified Vivek as a fraud, WEF Fellow, Soros beneficiary, not a NBC, a Hindu and so much more.
Besides, many many people out to support Trump have deeply regretted it later when they were thrown under the bus.
I think Vivek is riding the Trump train only for his own success. That’s a mistake.
The biggest warning sign to me is he came from out of nowhere to the top of the heap in a matter of months. That does not happen organically. That only happens when there is a hidden force operating somewhere in the background.
Barrack Hussein Obama comes to mind.
The second biggest warning sign is he is a highly articulate speaker who mouths the exact right words at the exact right times, in Swami’s case the words of Donald John Trump. It is almost as if he took acting classes for that very purpose.
Barrack Hussein Obama comes to mind.
Face it, you're just bad luck. The jinx is strong with this one.
It’s better then desanctomonious ass wipes.
__________________________________
What a cool insult. You should pass that along to Trump. He’s famous for grade school locker room put downs. Maybe he’ll use this in one of his many nasty comments.
>>His qualities or political positions are irrelevant. He simply isn’t a member of the insider’s club and must be attacked.>>
Largely this.
And my God, people. Why are you analyzing how many Fed printed pieces of paper his company made or didn’t make? How can that possibly matter? It’s a substance that comes whimsically from nothingness via QE. How can such a substance possibly measure any sort of ideology.
I am concerned that there are accusations of fraud. Because the *only* issue is whether or not he has ever participated in politics, these accusations would seem to say he has been holding political office and we have not known. The media has found the elected office he held and is keeping it from us? Why have we not been told of this?
Evidence of THAT, and only THAT, is important. We would like to know about such a thing.
Both of those non-starters became President.
Non-starter for me to put it into context.
In fairness to Vivek, new biotech companies and other tech start-ups are notorious for burning through cash for years before finally becoming profitable as their product or service matures and becomes widely adopted. 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.
I don’t waste my time on politics. It just doesn’t matter, and perhaps it never did.
“He simply isn’t a member of the insider’s club”
Debatable....
Lessee...he didn’t know who Soros was when he took the scholarship....even though V is stunningly brilliant....
Oh yeah—it was the “other” Soros....
...and the WEF honored him by mistake...or something like that...
...and he paid to have his Wikipedia page scrubbed...sounds like transparency to me...
Lol.
It’s no surprise you anti-Trumpers don’t like Vivek since they have similar foreign policy views. All of the low Q neocon scum hate Vivek for that reason.
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