CGC/CCG to be sold... 8 8

[Funnybooks]

1 minute ago, onlyweaknesskryptonite said:

Sorry for delayed response..was yelling at my daughter ( on the left ) for being too soft at Kamp Kumbaya this morning

[onlyweaknesskryptonite]

11 minutes ago, Galen130 said:

 

[ADAMANTIUM]

8 minutes ago, Genuine Article Comics said:

Yes, it did happen at all tiers and make no mistake that it will happen again and at a hire rate of frequency. 

Lol I was just thinking actually what discounts are left to take away?

Also, maybe this has (sorry for another indefensible hypothetical) been why cgc let us finish out the year at current discounts if renewed by May whatever and the rest of time on current tier contracts?

Edited July 1, 2021 by ADAMANTIUM

[NewWorldOrder]

5 hours ago, csaag said:

also from the article

 

"Additional investors in today's transaction include Roc Nation; Michael Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; and Main Street Advisors, a leading investment advisory firm to prominent athletes, recording artists, and other leaders across entertainment and business."

 

76ers president?    first the Ben Simmons debacle - now this....

Joel Embid will be grading moderns soon! He has the time. 

[Frederic9494]

Frankly, if Blackstone wants to extract the true value out of this business, they will probably graft onto CGC an auction arm or even offer collectors to purchase some selected collectibles right as they are graded...

Wonder how long it will take to move from humans to AI-driven imaging software to "objectively" grade a comic book...

[ADAMANTIUM]

6 minutes ago, onlyweaknesskryptonite said:

Is it sad to say....?

Ibe owned that movie

Watched it by pressing FF (fast forward) in short the rain came 

Just Push Play- Aerosmith 

[Funnybooks]

Just now, NewWorldOrder said:

Joel Embid will be grading moderns soon! He has the time. 

Ouch...and he'll miss the mark like the Sixers missed the finals again this year

[Funnybooks]

Just now, Frederic9494 said:

Frankly, if Blackstone wants to extract the true value out of this business, they will probably graft onto CGC an auction arm or even offer collectors to purchase some selected collectibles right as they are graded...

Wonder how long it will take to move from humans to AI-driven imaging software to "objectively" grade a comic book...

Hopefully as long as it takes C-Link to acquire and implement auction technology newer than 2010

[D84]

14 minutes ago, onlyweaknesskryptonite said:

I bet one-eyed graders are cheaper...

[NewWorldOrder]

3 minutes ago, Funnybooks said:

Ouch...and he'll miss the mark like the Sixers missed the finals again this year

There is a reason I am from the city suburbs of Philadelphia originally and never rooted for them.

Thankfully I was a trendy Bulls fans of the 90's and went that route.  After seeing MJ no reason IMO to watch anyone else.

LeBron may currently still be in the NBA's penthouse, but MJ owner the building! 

Edited July 1, 2021 by NewWorldOrder

[JollyComics]

1 hour ago, ADAMANTIUM said:

Yes weren't we all, it is kind of a dream job, but I think you're not allowed to be in the market of slabs, not too sure the requirements of it when working with cgc.

I'm all for a bigger facility,  the start of this thread was how it would be long term and growth, i was only thinking a possible Avenue. Evidently my opinions are just that no worries

Now onto Florida and the job generating business of the people who have a value, I'm sure they're stressed out down there

I've heard of worst times for a company in transition, hopefully it looks up for them this holiday weekend.

 

I was told that I cannot sell due to the conflict of interest but I am allowed to buy them.

[ADAMANTIUM]

1 minute ago, JollyComics said:

I was told that I cannot sell due to the conflict of interest but I am allowed to buy them.

That's good to know.

Wonder if it was sell personally or if like you could still send ti mycomicshop and let them sell....

[onlyweaknesskryptonite]

10 minutes ago, D84 said:

I bet one-eyed graders are cheaper...

Half price grading? 

All in favor say eye..

[JollyComics]

1 minute ago, ADAMANTIUM said:

That's good to know.

Wonder if it was sell personally or if like you could still send ti mycomicshop and let them sell....

Since I was rejected, I have so many questions that are gone unanswered. No idea.

I know one former grader decided to leave the company so he can buy and sell.

Edited July 1, 2021 by JollyComics

[KCOComics]

I'll attempt to put a positive spin on this. 

CGC has developed a great product. The demand is huge and they've done a tremendous amount of good for the comic community. 

It's clear from an operational effecienicies stand point, they stink! They can't meet demand. Their QC seems to have suffered...  They've tried to hire, they've tried to scale, but with CSC pressing we are still talking 9 to 12 months to get comics graded.  

They need talented people to come in and right the ship.  

The key for this to be successful is for grading standards to be upheld and the best interest of collectors to be at the core of what they are doing. That can be achieved as long as existing leadership still has a role in the companies future, which it sounds like they will. 

[BlowUpTheMoon]

Very little reaction from the Coinees.

[Ceito]

delete

Edited July 1, 2021 by Ceito

[BabyAteMyDingo]

1 minute ago, BlowUpTheMoon said:

Very little reaction from the Coinees.

There's only 8 people left who collect coins so.....

[Ceito]

6 hours ago, Nic8612 said:

That's the VC model. Make a company grow too fast and bleed it dry at maximum speed/efficiency. Dump it when the company is just a shell of it's former self and you've alienated your base

THIS

[onlyweaknesskryptonite]

Just now, BlowUpTheMoon said:

Very little reaction from the Coinees.