The company is hoping to secure nearly $600 million in new funding
  • David_Eight@lemmy.worldEnglish
    1·
    2 months ago

    What exactly does Hooligan do that they have 1.2 billion in debt? Like I thought they sold T-shirts and made YouTube videos?

    • Brkdncr@lemmy.worldOPEnglish
      0·
      2 months ago

      Private equity installs middle management with benefits and salaries to pay.

      Use excessive production which increases costs.