What's a Good Question for Bob Layton
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- drmirage
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I have a question for Bob Layton. On his candid interview on
http://www.boblayton.com/Archive/August ... isited.htm
(very interesting read for those who are interested)
Bob mentions that Jim Shooter "spending was spinning out of control." I would like know specifically what Bob meant by "out of control".
The interview, Bob says, "After Unity, the sales figures were still not enough to make up for the huge debt load we owed Triumph. Jim's spending was spinning out of control. The initial investment by Triumph was for only two million dollars. By Unity, we owed them over four million and they were not happy with us --not one bit."
I remember hearing from the Valiant Podcast that Triumph provided $5 million in venture capital funding; So how can Valiant still owe $4 million by Unity.
Does this make sense?
http://www.boblayton.com/Archive/August ... isited.htm
(very interesting read for those who are interested)
Bob mentions that Jim Shooter "spending was spinning out of control." I would like know specifically what Bob meant by "out of control".
The interview, Bob says, "After Unity, the sales figures were still not enough to make up for the huge debt load we owed Triumph. Jim's spending was spinning out of control. The initial investment by Triumph was for only two million dollars. By Unity, we owed them over four million and they were not happy with us --not one bit."
I remember hearing from the Valiant Podcast that Triumph provided $5 million in venture capital funding; So how can Valiant still owe $4 million by Unity.
Does this make sense?
- Second_Death
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- Second_Death
- Clinkin' bottles with Aram
- Posts: 2589
- Joined: Mon Apr 24, 2006 11:59 pm
- Location: A little south of sanity.
Having read the interview previously, several things mentioned don't seem quite right. Found this statement to be interesting........drmirage wrote:I have a question for Bob Layton. On his candid interview on
http://www.boblayton.com/Archive/August ... isited.htm
(very interesting read for those who are interested)
Bob mentions that Jim Shooter "spending was spinning out of control." I would like know specifically what Bob meant by "out of control".
The interview, Bob says, "After Unity, the sales figures were still not enough to make up for the huge debt load we owed Triumph. Jim's spending was spinning out of control. The initial investment by Triumph was for only two million dollars. By Unity, we owed them over four million and they were not happy with us --not one bit."
I remember hearing from the Valiant Podcast that Triumph provided $5 million in venture capital funding; So how can Valiant still owe $4 million by Unity.
Does this make sense?
Under normal economic circumstances this is not an uncommon state of affairs for a business that is trying to break in. Business today can especially relate.Every day, the staff lived under the threat of closure at a moment's notice. Not a fun time.
- Second_Death
- Clinkin' bottles with Aram
- Posts: 2589
- Joined: Mon Apr 24, 2006 11:59 pm
- Location: A little south of sanity.
On a lighter note....have been rereading Valiant in alphabetical order by title since last Sept and I'm almost finished with Eternal Warrior (yeah, I'm slow). Noticed in an issue that Bob was credited as the "Eternal Worrier". How common was this at Valiant to inject a little humor into the credits?