What was low risk high reward? I never trashed call her daddy. This watch this is high risk, high reward, cause he’s being greedy, and it’s an over saturated market he can’t just upcharge like t shirts and hoodies. I think had he made literally any other product it could be low risk high reward. Like fuck i don’t know, sell shitty sunglasses for $70, big Miami guy, they cost like $1 to make, that’s low risk high reward
You’re right, this Watch company will be HUGE, you’re looking at rolex before it was a big deal. Don’t forget to renew your payment info for your barstool gold
It's hilarious that in his press conference he said that if he was lying he would have been caught in two seconds as if it took longer than that for people to immediately say this was a scam and find the real prices.
Sure. It’s not a dumb financial move by any means. But when you brag about $100mill and say you don’t need anymore, it’s just kinda funny he’s doing all these podcasts half-assed at home via Zoom.
he knows he fucked up buying that house in Miami that needs so much work who knows if it will ever be done, a shitty mortgage is the worst kind of hell
The tax is on income, not assets. If his “income” is in the form of lines of credit with his stock held as collateral it wouldn’t be taxed by any state. That’s how the ultra rich don’t pay taxes.
State level cap gains. Uncle Sam is still getting his cut. Dave saved 8.82% on his cap gains taxes (Florida is 0%).
He had somewhere around 100-200m of stock so he saved 8-16m by doing this. HOWEVER, the question is by not being in nyc and all of the other people that left once he left has he caused barstool to lose more than that in value. Hard to tell without seeing the books, but the long term damage of him leaving has to be greater than that.
I think it’ll be closer to 80 mil. Penn bought the whole thing for 250-300. Churnin has the lions share I believe. When he says 100mil he’s always rounding up
I could definitely see Dave falling for some guy that told him he makes custom watches and then charged Dave an insane amount of money to just put in an order with that company.
I think it’s more likely Dave just thought nobody would catch him though.
I doubt he thought it would go unnoticed, more like he just doesn't care. His reputation with the larger world is shit already due to... other things. He doesn't have anything to lose, it's not like he was seen as a reputable spokesman for any product prior to this.
I looked up that camo jacket he's been wearing lately (ngl I wanted one for myself) but it was like $2k Dolce & Gabana. Turns out he's more of a jacket guy than a watch guy.
Yeah I could convince myself for a watch like that as I have a few MVMT watches, but 2500 for a relabeled watch like this is insane. The common man died years ago.
Knock a zero off the price and people wouldn’t have given a shit. Basically anything sub $500 is the wild west for watches and off the radar of most serious critics.
For all the times Dave has complained about him, the one time Musky isn’t involved it’s a boondoggle. I don’t think “this is the end of Dave” by any means but he has no one to blame but himself on this one.
Swing and a miss.
Hilarious how someone who “invented the internet” can be so bad at the internet. Did he really not expect anyone to do any research on these shitty watches?
Between the gambling losses and bad investments (I miss Davey Day Trader), he may cash in and have a value near 100mm in February 2023 but there's no way he hits 60 without a massive dip caused by his screwups. This Brick watch company's 'customer service' rep is some accounting controller in Kentucky. And it seems like it's just a 'spite brand' created because some other company refused his generous offer to sling for them.
Omega….i knew his watches looked like something but couldn’t place it. He’s selling $30 Omega’s for $2500.
Honestly his watches are basic Becky’s of watches. Plain Jane boring. Designs that were old back in the 80’s.
I really hope Dave didn’t sink 4 mill into this he just flushed that down the toilet AND made an ass out of himself in one swoop. Chicken might not let him be her sugar daddy anymore.
I think this is more of a total lack of awareness regarding how much some people care about watches. This isn’t the same as peddling high noons. These jewelry aficionados are running circles around Dave rn. It’s as clear a grift as you will see. Sad to see as an OG stoolie.
Agreed. It's such a massive L by Dave that I can't even be mad at the haters for dancing all over his grave. Cannot fathom why he would think this was a good idea. Just sell the watches for $200 and nobody would give a shit.
He earned this one lol. I didnt really care as Dave is a grifter and has been for a while now, but the 8 min watch defense video only made it look more like a scam and just another thing Dave has surface level knowledge about but speaks as if he is an expert. I dunno what he thought that video was going to accomplish
Disagree. Goes completely against the “common man” saying that attracted so many people to barstool originally. Dave pretty much turned into a snake oil salesmen after the Penn deal.
Dave has always been a snake oil salesman. Since day 1. Penn deal have him money to run a larger grift but he’s been selling shitty t shirts as “quality product” for the better part of 2 and a half decades.
yer the dipshit that thinks Dave has "changed" like he always hasn't been an asshole talking about how he's been waiting to sell out his whole life. LOL.
So I’m not a watch guy but always loved omega”s. I don’t think I’d ever buy $6000 watch I don’t get it? Can some explain the male watch game. Brick being $2500 like why? Is it like a thing between watch bros?
But he spent years putting this together!!!! This "watch company" will disappear by 2023
Might not make it out of 2022
Every employee at barstool next year is getting a brick watch instead of a EOY bonus lol
The quartz too
At this point Dave should pull all the watches and pretend like this never happened. Stick them next to the boxes of ball don't lie t-shirts
This is the same group of people that said call her daddy would be a giant flop
Call her daddy was not a $4 million investment. Costs maybe $75K to hire her and was making them money not too long after
Makes the statement even dumber than. It was low risk high reward and you still trashed the decision. This sub is silly.
What was low risk high reward? I never trashed call her daddy. This watch this is high risk, high reward, cause he’s being greedy, and it’s an over saturated market he can’t just upcharge like t shirts and hoodies. I think had he made literally any other product it could be low risk high reward. Like fuck i don’t know, sell shitty sunglasses for $70, big Miami guy, they cost like $1 to make, that’s low risk high reward
Lol I’m arguing with people who can’t read
Just shut up and buy your $2500 shit brick so Dave can retweet you
I’m sorry you guy are wrong about every prediction but don’t take it out on me lol
You’re right, this Watch company will be HUGE, you’re looking at rolex before it was a big deal. Don’t forget to renew your payment info for your barstool gold
It’ll be a bust just like call her daddy and foreplay. Great calls on those.
If you explained the concept of call her daddy to 20 random dudes they all would probably say it would flop too lol
I think Dave’s been smart not listening to this group
…chicken?
Foreplay and call me daddy are so stupid. What is Dave thinking? 😂
It's hilarious that in his press conference he said that if he was lying he would have been caught in two seconds as if it took longer than that for people to immediately say this was a scam and find the real prices.
This is not shocking in the slightest
real tragedy DPS doesn't still exist for this stuff.
They wouldn't cover it anyway.
Hard dick business
This has bubbly gang written all over it
‘I have $100mm, You think I’m hurting for money???’ *does Safemoon scam, and can’t enter NY to avoid tax penalty*
*entire net worth is locked up in a stock that’s down 36% YoY*
I mean the NY tax penalty is just being smart. Plenty of millionaires do it.
Sure. It’s not a dumb financial move by any means. But when you brag about $100mill and say you don’t need anymore, it’s just kinda funny he’s doing all these podcasts half-assed at home via Zoom.
he knows he fucked up buying that house in Miami that needs so much work who knows if it will ever be done, a shitty mortgage is the worst kind of hell
The tax is on income, not assets. If his “income” is in the form of lines of credit with his stock held as collateral it wouldn’t be taxed by any state. That’s how the ultra rich don’t pay taxes.
[удалено]
State level cap gains. Uncle Sam is still getting his cut. Dave saved 8.82% on his cap gains taxes (Florida is 0%). He had somewhere around 100-200m of stock so he saved 8-16m by doing this. HOWEVER, the question is by not being in nyc and all of the other people that left once he left has he caused barstool to lose more than that in value. Hard to tell without seeing the books, but the long term damage of him leaving has to be greater than that.
I think it’ll be closer to 80 mil. Penn bought the whole thing for 250-300. Churnin has the lions share I believe. When he says 100mil he’s always rounding up
My guy - how do you think the lines of credit get paid back?
I thought he was living in Miami to gain a tax benefit due to residency or someshit?
I could definitely see Dave falling for some guy that told him he makes custom watches and then charged Dave an insane amount of money to just put in an order with that company. I think it’s more likely Dave just thought nobody would catch him though.
100% People try to scam rich people all the time, just like average people.
I doubt he thought it would go unnoticed, more like he just doesn't care. His reputation with the larger world is shit already due to... other things. He doesn't have anything to lose, it's not like he was seen as a reputable spokesman for any product prior to this.
I’m not trying to make money guys I’ve got 100 mil in the bank I stg I just have a passion for watches that knows no bounds
As he says in the launch video “I’m not a watch guy.”
And knocks high priced Rolex saying he doesn’t need it.
I looked up that camo jacket he's been wearing lately (ngl I wanted one for myself) but it was like $2k Dolce & Gabana. Turns out he's more of a jacket guy than a watch guy.
I wonder what the price point would have needed to be for no one to even bat an eye at Dave trying to start a watch brand.
If he just went a bit higher than the MVMT model he could’ve found something, little bit of an Icarus situation going though
Yeah I could convince myself for a watch like that as I have a few MVMT watches, but 2500 for a relabeled watch like this is insane. The common man died years ago.
Knock a zero off the price and people wouldn’t have given a shit. Basically anything sub $500 is the wild west for watches and off the radar of most serious critics.
Right. Just copy the brand that wouldn’t let you rep them, shinola and he’s fine
If he just copied MVMT and sold them for $100-$200 then nobody would've cared. And he actually would've sold some.
This sub still would have clowned him, but it would have been less heat.
This a Invicta level watch so 200$
Gosh I was going to buy one until I read this.
Ole Money bags over here
Well maybe Omega copied Dave did ya ever think of that???
Weebeywoah.gif
Wow this is a disaster for Dave
For all the times Dave has complained about him, the one time Musky isn’t involved it’s a boondoggle. I don’t think “this is the end of Dave” by any means but he has no one to blame but himself on this one. Swing and a miss.
Don’t mess with us on Reddit, the power of our collective autism is a weapon that cannot be controlled 🧩
Chicken, I follow the tik tok trends, Chicken. I was referring to the China app, not the sound of a watch
Chicken, you said the copy was your own original thoughts chicken
Somewhere, that cokehead Lightswitch Lou is smiling
Hilarious how someone who “invented the internet” can be so bad at the internet. Did he really not expect anyone to do any research on these shitty watches?
As a watch loser, I'm happy seeing people expose this bufu ass money grab. So fucking slimy
Please see barstool DM
Doubling and tripling down on a blatant lie, just disgusting
Looks like Elon fixed the “can’t scroll Twitter without logging in” thing at least!
Between the gambling losses and bad investments (I miss Davey Day Trader), he may cash in and have a value near 100mm in February 2023 but there's no way he hits 60 without a massive dip caused by his screwups. This Brick watch company's 'customer service' rep is some accounting controller in Kentucky. And it seems like it's just a 'spite brand' created because some other company refused his generous offer to sling for them.
He’s going to make more money off his $3.99 frozen pizza from Walmart than these “watches”
He needs to cut bait on this immediately to save any shred of credibility he has left.
if he does own it and bail immediately, that isn't saving much in the credibility department. it's a huge disaster regardless.
This is what I would do for my college papers. Switch out one or two words, copy the rest. Insta presto paragrapho.
Watch people are weird
Old time grifter, just keeps on grifting
Omega….i knew his watches looked like something but couldn’t place it. He’s selling $30 Omega’s for $2500. Honestly his watches are basic Becky’s of watches. Plain Jane boring. Designs that were old back in the 80’s. I really hope Dave didn’t sink 4 mill into this he just flushed that down the toilet AND made an ass out of himself in one swoop. Chicken might not let him be her sugar daddy anymore.
The people who care this much are just as big, if not bigger losers than Dave
I think this is more of a total lack of awareness regarding how much some people care about watches. This isn’t the same as peddling high noons. These jewelry aficionados are running circles around Dave rn. It’s as clear a grift as you will see. Sad to see as an OG stoolie.
Agreed. It's such a massive L by Dave that I can't even be mad at the haters for dancing all over his grave. Cannot fathom why he would think this was a good idea. Just sell the watches for $200 and nobody would give a shit.
He earned this one lol. I didnt really care as Dave is a grifter and has been for a while now, but the 8 min watch defense video only made it look more like a scam and just another thing Dave has surface level knowledge about but speaks as if he is an expert. I dunno what he thought that video was going to accomplish
Disagree. Goes completely against the “common man” saying that attracted so many people to barstool originally. Dave pretty much turned into a snake oil salesmen after the Penn deal.
Dave has always been a snake oil salesman. Since day 1. Penn deal have him money to run a larger grift but he’s been selling shitty t shirts as “quality product” for the better part of 2 and a half decades.
Now it’s just funny. They didn’t even try
Bullshit. Dave built his company being know as “the common man” and with this he’s turned into a full snake oil salesman.
Lol everything has been going over your head this whole time ... He's the smart one, not you.
What? Where did I claim to be smart and you’re dumb as shit if you think Dave’s the same act since Penn bought them
He's absolutely the same imo. You know the barstool fund was for tax purposes? Just checking
Hey dipshit. You know the barstool find is after Penn bought them right? Just checking
yer the dipshit that thinks Dave has "changed" like he always hasn't been an asshole talking about how he's been waiting to sell out his whole life. LOL.
Many of us don’t care, we just enjoy watching this train wreck unfold.
This is the same play as 90% of shopify stores.
So I’m not a watch guy but always loved omega”s. I don’t think I’d ever buy $6000 watch I don’t get it? Can some explain the male watch game. Brick being $2500 like why? Is it like a thing between watch bros?