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Millionaire Ex-Demon

darkhorse72

By darkhorse72
in Melbourne Demons

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Biffen Legend

Biffen   12,343

Posted
Posted

Like I always said about Justin Bieber-

"What a schmuck.He'll never be anything".

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Moonshadow
Moonshadow

Really? How does a person "fluke" a business valued at about $200 mill?  Wouldn't have anything to do with his hard work, IT nous, intelligence and business skills by chance? Pretty successf

La Dee-vina Comedia
La Dee-vina Comedia

Meanwhile, the equivalent discussion on the Collingwood supporters' discussion board is whether Centrelink payments have kept pace with the price of ready to drink Southern Comfort and Coke.  

Nasher
Nasher

Macdonald.

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Zoiikgarden Demon

Zoiikgarden   134

Posted
Posted
On 10/24/2017 at 9:22 PM, DeeSpencer said:

The whole thing is a bit of a fluke but good on him for starting a business and getting lucky.

Strauss and Bail were also involved, hopefully they kept their shares.

Also it's not real money if you can't sell your shares, so it might be a little premature.

Read the article.  It wasn't a fluke!  It was being creative with his business, hard work, IT intelligence, seeing opportunity and seizing it - and as he says, creating culture in his workplace. 

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Bigred Demon

Bigred   494

Posted
Posted

Lucky be damned

As no better coach then the great man  Napoleon Bonaparte himself said

'I would rather have a general who is lucky than one who is good' 

The 'post football' career of footballers is worthy of study.... the 'tradesman' footballers often seem to benefit more than the gifted, with exceptions of course.

Joel MacDonald is listed on the stock exchange. James Hird I saw the other day promoting chocolate in a super market..... go figure. 

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CBDees Redleg

CBDees   3,162

Posted
Posted

Nice to see such a young bloke steering a $100,000,000.00+ company! Not many people on this planet have achieved that plus an AFL career! ?

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M_9 Redleg

M_9   1,701

Posted
Posted

Reported on BF that Joel's company may not be travelling as well as has been made out:

(there is a firewall)

http://www.afr.com/business/banking-and-finance/hedge-funds/getswift-too-fast-for-its-own-good-20180116-h0ji3t

" ...Tim Hannon, chief investment officer at Newgate Capital Partners, is shorting the stock.

"We think GetSwift is a company that has developed a product with a useful but very limited application," he said. Mr Hannon said the company has made "a series of regular, high level announcements that lack substance or are unclear ...."

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Biffen Legend

Biffen   12,343

Posted
Posted

I want one of those companies where you burn 100 million and make 90 million and have potential billions to come in.

Delivering fired chicken to bogans can't be that hard.

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The Chazz Trident

The Chazz   4,077

Posted
Posted
28 minutes ago, Biffen said:

I want one of those companies where you burn 100 million and make 90 million and have potential billions to come in.

Delivering fired chicken to bogans can't be that hard.

As long as Joel's not being caught out spending company dollars on the 3Ps (porn, punt and prostitutes).

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Diamond_Jim Legend

Diamond_Jim   11,856

Posted
Posted

When the market starts shorting your stock watch out. It becomes a self fulfilling prophecy.

Profits though are over rated it seems... just look at Facebook, Uber etc and the other darlings that lose money hand over fist.

Facebook will probably come good simply because marketers cannot ignore the platform (unfortunately)but Uber will always be an easy target for competition. In Asia it is Grab for example.

Good Luck Macca .. if someone's going to make the money it may as well be an ex Demon

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Demonland Legend

Demonland   65,653

Posted
Posted

Non firewalled article - https://www.foxsports.com.au/afl/allegations-threaten-the-120-million-business-of-exafl-player-joel-macdonald/news-story/0ac6c38281af8fcbb8fbaff4a1ae5513

Lucky we didn't announce them as our major sponsor a few days ago. This turn of events would have been a very MFCSS thing to have happened in some alternate universe.

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Cranky Franky Redleg

Cranky Franky   1,493

Posted
Posted
On ‎25‎/‎10‎/‎2017 at 7:25 PM, dieter said:

He was a reliable, dedicated and consistent performer. Give him his dues...

Might have been reliable & dedicated but still a poor selection by the Club IMHO.  He was courageous but not overly quick & had very average skills.  Basically a Casey level player useful as a backup.  To add further insult we picked him in the 09 pre season draft ahead of Dylan Grimes.

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Clintosaurus Redleg

Clintosaurus   6,534

Posted
Posted

Won't be the only company to not meet continuous disclosure obligations. Plenty of others have done it and got away with it. A certain former Tasmanian timber company comes to mind. 

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The Chazz Trident

The Chazz   4,077

Posted
Posted
4 hours ago, Cranky Franky said:

Might have been reliable & dedicated but still a poor selection by the Club IMHO.  He was courageous but not overly quick & had very average skills.  Basically a Casey level player useful as a backup.  To add further insult we picked him in the 09 pre season draft ahead of Dylan Grimes.

You complain about Joel's skills, then whinge because we didn't pick up Dylan Grimes instead?

Wow.

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Cranky Franky Redleg

Cranky Franky   1,493

Posted
Posted
21 hours ago, The Chazz said:

You complain about Joel's skills, then whinge because we didn't pick up Dylan Grimes instead?

Wow.

And here's me thinking that the whole point of football was to win premierships.

Obviously the Richmond coaches think Grimes skill are adequate for the job but you obviously know better. 

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dazzledavey36 Legend

dazzledavey36   48,913

Posted
Posted
3 hours ago, Cranky Franky said:

And here's me thinking that the whole point of football was to win premierships.

Obviously the Richmond coaches think Grimes skill are adequate for the job but you obviously know better. 

Dylan Crimes, Mitch Morton, Steven Armstrong, Trent West...

Front seat passengers of a premiership side.

Grimes is a hack. 

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Demon trucker Redleg

Demon trucker   1,776

Posted
Posted
21 minutes ago, dazzledavey36 said:

Dylan Crimes, Mitch Morton, Steven Armstrong, Trent West...

Front seat passengers of a premiership side.

Grimes is a hack. 

He plays his role, which is as a stopper, his job is to spoil and his good at that 1 skill

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