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 Originally Posted by BennyLaRue
I guess this is where we differ. I've never understood why people feel it's a realistic scenario that an investor will swoop in and contribute funds to pay debts that were effectively borrowed in order to burn. What would this individual be buying? Certainly not a brand; it was seriously tarnished even before this. Not a player pool...a not-insignificant percentage of FTP players are just interested in getting their cash and moving it somewhere else or getting out of poker altogether until rosier times. There are no other assets to speak of.
Even after the black friday, how much do you assume that FTP earned each day on rake? Based on player pool of 80k players during peak 8 hours, I would assume that at least 1M$ of rake is generated each day. Or that seems too bold of an assumption?
I'm not a businessman but seems like a good idea to invest into something like that.
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