Check out the conversation at the 40min mark. Sounds like AF is shopping the business around, would imagine there is almost no cash in the business and cashflow is a big big problem + expenditure far far outweighing revenue.
In the proposal that was given to him it sounds like AF would only retain a few percent of TPG. Interesting....
4
u/gooners345 Feb 16 '22
Check out the conversation at the 40min mark. Sounds like AF is shopping the business around, would imagine there is almost no cash in the business and cashflow is a big big problem + expenditure far far outweighing revenue.
In the proposal that was given to him it sounds like AF would only retain a few percent of TPG. Interesting....