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Skateboarding => USELESS WOODEN TOY BANTER => Topic started by: heckler on February 20, 2018, 05:41:47 AM

Title: Hypebeast buys majority stake in Berrics
Post by: heckler on February 20, 2018, 05:41:47 AM
http://www.hkexnews.hk/listedco/listconews/gem/2018/0209/GLN20180209071.pdf
Title: Re: Hypebeast buys majority stake in Berrics
Post by: hey pickle on February 20, 2018, 05:43:52 AM
finally some good news
Title: Re: Hypebeast buys majority stake in Berrics
Post by: feedmeseymour on February 20, 2018, 06:20:29 AM
hypebeast in business with scientologist. excellent.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: coyote2425 on February 20, 2018, 06:21:31 AM
Berra of The Berrics?

Also, Berrics only worth $1.4M? Buying The Skateboard Mag probably didn't do 'em any favors, either.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: ungzilla on February 20, 2018, 06:30:50 AM
Quote
The Company

The Company was incorporated in the Cayman Islands with limited liability and the shares of the Company have been listed on the GEM of the Stock Exchange since 11 April 2016. The Company is a digital media company which is primarily engaged in (i) the provision of advertising services to brand owners and advertising agencies on its digital media platforms; and (ii) the sale of third-party branded clothing, shoes and accessories on its e-commerce platform.

Hypebeast, Inc.

Hypebeast, Inc. is a company established in Delaware, the United States and an indirect wholly-owned subsidiary of the Company. It is principally engaged in the digital media segment in the United States.

tax dodgers
Title: Re: Hypebeast buys majority stake in Berrics
Post by: georgethecat on February 20, 2018, 06:55:25 AM
For  $750,000. I wonder how much more valuable the business would have been 5 years ago. Anyway, two things I don't care about becoming one bigger thing I don't care about is kind of nice, one less thing for me to not care about.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Donkey Lips on February 20, 2018, 06:58:04 AM
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.

Since when?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: DannyDee on February 20, 2018, 07:12:39 AM
Now that Berra has less power, do they finally do something about the dude who sodomizes people with a screwdriver?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: StabMasterArson on February 20, 2018, 07:50:24 AM
The board of directors consists of three people (two from HB one from The berries.)

Berra doesn't even call the shots at his own business anymore. I didn't read the entire thing, but is he still allowed to tell people how stupid they are via Instagram?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Budgie Lasek on February 20, 2018, 08:01:07 AM
That deal has been in the works for over a year, surprised it actually went through.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Francis Xavier on February 20, 2018, 08:02:57 AM
For  $750,000. I wonder how much more valuable the business would have been 5 years ago. Anyway, two things I don't care about becoming one bigger thing I don't care about is kind of nice, one less thing for me to not care about.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: fang on February 20, 2018, 08:07:49 AM
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?

He probably told them to add that.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: schralp pal on February 20, 2018, 08:08:44 AM
Is Eric involved any more, is this his way of cutting ties with berra
Title: Re: Hypebeast buys majority stake in Berrics
Post by: smellsdead on February 20, 2018, 08:27:45 AM
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.

call me crazy but i feel like i remember a trailer for a movie by steve berra after the credits of cky2k-circle of people all pointing guns at each other?
am i trippin?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Allen. on February 20, 2018, 08:43:07 AM
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?

Making a film is in itself an accomplishment.
Getting people to see said film is a much more difficult accomplishment.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Watson on February 20, 2018, 08:43:34 AM
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: shark tits on February 20, 2018, 08:45:02 AM
he directed a movie, whether it was successful.... think it was called '7-teen sips'.
slap movie cost a late night fee, steve berrics movie? straight to dvd.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Alan on February 20, 2018, 09:11:42 AM
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.

But dude, 16 pros in one room!!!

(http://www.reactiongifs.com/wp-content/uploads/2013/10/tim-and-eric-mind-blown.gif)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: doublesteveburger on February 20, 2018, 09:19:40 AM
"keep walkin, bro"
Title: Re: Hypebeast buys majority stake in Berrics
Post by: UselessAsshole on February 20, 2018, 09:25:56 AM
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.

One of his movies got a 20% on rotten tomatoes, the other I couldn't find any reviews so I'm assuming it was so bad even the internet refuses to believe it exists.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: poor alice on February 20, 2018, 09:26:49 AM
Shit, i would age thought of The Berrics being worth a good bit more than that.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: GAY on February 20, 2018, 09:29:34 AM
I hope this means they'll start carrying Vetements in their shop.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: bo golden on February 20, 2018, 09:35:36 AM
That deal has been in the works for over a year, surprised it actually went through.

That's what Chase said.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: SodaJerk on February 20, 2018, 09:42:40 AM
Expand Quote
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.
[close]

call me crazy but i feel like i remember a trailer for a movie by steve berra after the credits of cky2k-circle of people all pointing guns at each other?
am i trippin?
http://m.youtube.com/watch?v=LMGi4d8NJnw
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Style Police on February 20, 2018, 09:53:02 AM
ahahah ^ A Film By Stephen Berra.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: somethingmustbreaknow on February 20, 2018, 09:56:45 AM
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.

BOMBS OVER BERRAGHDAD

http://www.youtube.com/watch?v=lVehcuJXe6I
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Silky Johnson on February 20, 2018, 10:08:33 AM
unberrable.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Jehoshaphat Augustus on February 20, 2018, 10:52:10 AM
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: iKobrakai on February 20, 2018, 11:05:54 AM
The fuck is Hypebeast? Bunch of nobodies?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Atiba Applebum on February 20, 2018, 11:43:14 AM
Expand Quote
Expand Quote
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.
[close]

call me crazy but i feel like i remember a trailer for a movie by steve berra after the credits of cky2k-circle of people all pointing guns at each other?
am i trippin?
[close]
http://m.youtube.com/watch?v=LMGi4d8NJnw

This could just be a sizzle reel for investors, or the film was shot and couldn’t get distribution.  Maybe now Berra can live his 90s dreams of being a indie Chateau Marmont denizen
Title: Re: Hypebeast buys majority stake in Berrics
Post by: natenola forever on February 20, 2018, 11:54:41 AM
Expand Quote
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
[close]
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.
I've never seen that quote before but it's completely ripped from a 90s quote from Rodney Mullen that if World Park blew up right now skateboarding would be setback a bunch of years, kinda lame if Berra really stole that shit and tried to claim it
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Sold Out on February 20, 2018, 12:30:46 PM
I can't help but wonder if this deal is Koston selling his shares...
Title: Re: Hypebeast buys majority stake in Berrics
Post by: MexicanSpaniard on February 20, 2018, 12:39:23 PM
the quotes, the 'trailer', this is just way too much Stephan berra for one day
Title: Re: Hypebeast buys majority stake in Berrics
Post by: fang on February 20, 2018, 12:50:31 PM
Haven't seen that trailer in like 15 years. Looks like a cry for help (that no one will answer)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: lampshade on February 20, 2018, 01:15:02 PM
The fuck is Hypebeast? Bunch of nobodies?

Dude, it's obviously a beast that is hyped. 
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Atiba Applebum on February 20, 2018, 01:18:55 PM
Expand Quote
The fuck is Hypebeast? Bunch of nobodies?
[close]

Dude, it's obviously a beast that is hyped.

It seems like it’s a bunch of Asian American girls that repost brands’ press releases with bad titles and worse subtitling
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Robert Baratheon on February 20, 2018, 01:45:57 PM
Expand Quote
Expand Quote
Expand Quote
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.
[close]

call me crazy but i feel like i remember a trailer for a movie by steve berra after the credits of cky2k-circle of people all pointing guns at each other?
am i trippin?
[close]
http://m.youtube.com/watch?v=LMGi4d8NJnw
[close]

This could just be a sizzle reel for investors, or the film was shot and couldn’t get distribution.  Maybe now Berra can live his 90s dreams of being a indie Chateau Marmont denizen

You sell your family out for Scientology and the subsequent hollywood connections and all you can get out it is Leo Fitzpatrick and some shakey VX cinematographer? Bum deal.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Atiba Applebum on February 20, 2018, 02:00:23 PM
Expand Quote
Expand Quote
Expand Quote
Expand Quote
Expand Quote
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?
[close]

He probably told them to add that.
[close]

call me crazy but i feel like i remember a trailer for a movie by steve berra after the credits of cky2k-circle of people all pointing guns at each other?
am i trippin?
[close]
http://m.youtube.com/watch?v=LMGi4d8NJnw
[close]

This could just be a sizzle reel for investors, or the film was shot and couldn’t get distribution.  Maybe now Berra can live his 90s dreams of being a indie Chateau Marmont denizen
[close]

You sell your family out for Scientology and the subsequent hollywood connections and all you can get out it is Leo Fitzpatrick and some shakey VX cinematographer? Bum deal.

Hah I was thinking about this too.  My guess is, he failed on his own, then hooked up Xenu and got a spot on Felicity.  Surprised he doesn’t try and claim he used to work with JJ Abrams
Title: Re: Hypebeast buys majority stake in Berrics
Post by: VHS ERA on February 20, 2018, 02:16:59 PM
Expand Quote
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
[close]
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.

I mean, yea.

I’m not even a big Koston guy and Steve Berrics quote was delusional but yea Koston would be celebrated forever like those guys, probably more.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: poowizard on February 20, 2018, 04:25:40 PM
(https://scontent.fapa1-1.fna.fbcdn.net/v/t1.0-9/28167130_1615618395172709_7364074934496568869_n.jpg?oh=906fbfedc80724965226346a4579c981&oe=5B0F439B)

stephen of steve
Title: Re: Hypebeast buys majority stake in Berrics
Post by: andocom on February 20, 2018, 05:16:51 PM
Who was the poster that always had the breakdown of financial matters, need him to clarify this.

On a quick read it looks like:
Hypebeast puts in $750K for 51% of the JV
The Berrics puts in their business (valued at $2.4M) for 49%
The new JV assumes $1M debt/liabilities from the Berrics.

So I guess they sold 51% of the berrics for $1.75M, or is it $1.25M since they are still on the hook 49% of the $1M liabilities.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: sid vicious on February 20, 2018, 06:01:50 PM
i feel sorry for sebo wasting all that paint on the mural
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Dwyck on February 20, 2018, 07:15:41 PM
Expand Quote
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
[close]
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.

Do ppl actually think like this? like no one would miss koston because he's mean on IG and plays golf
Title: Re: Hypebeast buys majority stake in Berrics
Post by: shark tits on February 20, 2018, 07:22:29 PM
Expand Quote
Expand Quote
"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
[close]
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.
[close]

Do ppl actually think like this? like no one would miss koston because he's mean on IG and plays golf
far as i'm concerned he died when he pick up the sand wedge
Title: Re: Hypebeast buys majority stake in Berrics
Post by: thomas kook on February 21, 2018, 12:17:28 AM
i wonder if one of the conditions was that berra has to reply to every instagram post that meets his eyes. just saw him comment 'so Rad, ben!!' on a picture of him kissing his dad. seems auto comment bot-y to me now that i think of it actually, the same 5 generic phrases on every fucking post. maybe borphy hooked him up
Title: Re: Hypebeast buys majority stake in Berrics
Post by: KoRnholio8 on February 21, 2018, 02:34:21 AM
(https://memegenerator.net/img/instances/81357920/youre-tearing-us-apart-stephen.jpg)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: SkateChimney on February 21, 2018, 04:38:44 AM
I hope this means they'll start carrying Vetements in their shop.
Lmao
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Salty Lame Ass Poosey on February 21, 2018, 04:43:51 AM
Quote
Expand Quote
The Company

The Company was incorporated in the Cayman Islands with limited liability and the shares of the Company have been listed on the GEM of the Stock Exchange since 11 April 2016. The Company is a digital media company which is primarily engaged in (i) the provision of advertising services to brand owners and advertising agencies on its digital media platforms; and (ii) the sale of third-party branded clothing, shoes and accessories on its e-commerce platform.

Hypebeast, Inc.

Hypebeast, Inc. is a company established in Delaware, the United States and an indirect wholly-owned subsidiary of the Company. It is principally engaged in the digital media segment in the United States.
[close]

tax dodgers

Dela-Where?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: roba on February 21, 2018, 05:58:58 AM
I hope this means they'll start carrying Vetements in their shop.

and virgil abloh nikes
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Willie on February 21, 2018, 09:06:26 AM
Expand Quote
Quote
Expand Quote
The Company

The Company was incorporated in the Cayman Islands with limited liability and the shares of the Company have been listed on the GEM of the Stock Exchange since 11 April 2016. The Company is a digital media company which is primarily engaged in (i) the provision of advertising services to brand owners and advertising agencies on its digital media platforms; and (ii) the sale of third-party branded clothing, shoes and accessories on its e-commerce platform.

Hypebeast, Inc.

Hypebeast, Inc. is a company established in Delaware, the United States and an indirect wholly-owned subsidiary of the Company. It is principally engaged in the digital media segment in the United States.
[close]

tax dodgers
[close]

Dela-Where?

(https://media.giphy.com/media/EV0cGckwbnRG8/giphy.gif)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: calvinsdream on February 21, 2018, 09:26:17 AM
Expand Quote
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"We were sitting in there one day. It was a rainy Saturday. It was Eric, myself, and about 15 other guys. It’s like, man, if a bomb blew up in this place, skateboarding would be done. It was all the best dudes in the world, right?"
-sb

Classic Berra hyperbole and delusions of grandeur regarding not only himself, but Californian pro skateboarders.
[close]
Say Eric Koston drown in a swimming pool later this week, could you imagine saying "rest in peace eric koston" in like a year like for Harold or PStone? Fuck that.
[close]

Do ppl actually think like this? like no one would miss koston because he's mean on IG and plays golf
[close]
far as i'm concerned he died when he pick up the sand wedge

Glad somebody said it.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: shark tits on February 21, 2018, 09:27:06 AM
Expand Quote
Expand Quote
Quote
Expand Quote
The Company

The Company was incorporated in the Cayman Islands with limited liability and the shares of the Company have been listed on the GEM of the Stock Exchange since 11 April 2016. The Company is a digital media company which is primarily engaged in (i) the provision of advertising services to brand owners and advertising agencies on its digital media platforms; and (ii) the sale of third-party branded clothing, shoes and accessories on its e-commerce platform.

Hypebeast, Inc.

Hypebeast, Inc. is a company established in Delaware, the United States and an indirect wholly-owned subsidiary of the Company. It is principally engaged in the digital media segment in the United States.
[close]

tax dodgers
[close]

Dela-Where?
[close]

(https://media.giphy.com/media/EV0cGckwbnRG8/giphy.gif)
dela-cratic
http://www.youtube.com/watch?v=W9pGIyv-VDY
Title: Re: Hypebeast buys majority stake in Berrics
Post by: GAY on February 21, 2018, 09:27:31 AM
Cayman, my ass!
Title: Re: Hypebeast buys majority stake in Berrics
Post by: DannyDee on February 21, 2018, 10:47:29 AM
Who was the poster that always had the breakdown of financial matters, need him to clarify this.

On a quick read it looks like:
Hypebeast puts in $750K for 51% of the JV
The Berrics puts in their business (valued at $2.4M) for 49%
The new JV assumes $1M debt/liabilities from the Berrics.

So I guess they sold 51% of the berrics for $1.75M, or is it $1.25M since they are still on the hook 49% of the $1M liabilities.
I hope this means they can finally pay people so we get Biebel and Leo’s push parts. More likely they just in serious debt to banks and couldn’t make the payments.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: VHS ERA on February 21, 2018, 07:39:30 PM
Lol. It’s happening

(https://preview.ibb.co/dbn77c/3_FD7_FB52_8281_4_D33_B1_F2_06_F648_BEF2_BB.jpg) (https://ibb.co/kB2w0x)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: fulltechnicalskizzy on February 21, 2018, 07:44:04 PM
Natalie Portman in V for Vendetta like a slightly less sexy Sean Pablo
Title: Re: Hypebeast buys majority stake in Berrics
Post by: shit_for_brains on February 21, 2018, 07:52:11 PM
Remember that movie Closer where Sean Pablo almost shows her butthole
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Atiba Applebum on February 21, 2018, 07:59:18 PM
Lol. It’s happening

(https://preview.ibb.co/dbn77c/3_FD7_FB52_8281_4_D33_B1_F2_06_F648_BEF2_BB.jpg) (https://ibb.co/kB2w0x)

Science Fiction so good, Berra’s interested in joining the author’s religion
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Francis Xavier on February 21, 2018, 08:03:47 PM
Remember that movie Closer where Sean Pablo almost shows her butthole
Mmhmmm
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Tabletop on February 22, 2018, 05:35:13 AM
For  $750,000. I wonder how much more valuable the business would have been 5 years ago. Anyway, two things I don't care about becoming one bigger thing I don't care about is kind of nice, one less thing for me to not care about.

 8)

Care factor = 0 x 0 = 0
Title: Re: Hypebeast buys majority stake in Berrics
Post by: coyote2425 on February 22, 2018, 06:08:22 AM
Lol. It’s happening

(https://preview.ibb.co/dbn77c/3_FD7_FB52_8281_4_D33_B1_F2_06_F648_BEF2_BB.jpg) (https://ibb.co/kB2w0x)

Amazing. This is that real cringe.

Fire your account managers.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: jc on February 22, 2018, 07:14:19 AM
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/ (https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/)

Quote
Expand Quote
Currently, when you walk into The Berrics through its unassuming front door and down a short hallway you come right into the high-ceilinged park itself. Each section of the walls lining the space is sponsored. Here is a faux 7-11 storefront, there a chunk of wall decorated with the Red Camera logo — a favorite of Berra who is also an accomplished filmmaker.
[close]

Since when?



http://www.imdb.com/title/tt0790676/?ref_=nm_knf_t1


he made a decent movie.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: MexicanSpaniard on February 22, 2018, 08:17:05 AM
berries film society, fucking hell that made me laugh
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Alan on February 22, 2018, 08:39:07 AM
(https://i.imgur.com/lXjazNY.png)

Anyway, all those years in Scientology and all he got was this B-movie?
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Sold Out on February 22, 2018, 09:31:45 AM
https://techcrunch.com/2018/02/20/culture-juggernaut-hypebeast-takes-a-majority-stake-in-the-berrics-to-make-skating-huge-again-still/

This article says Hypebeat is putting in 750K for 51% and the Berrics is putting in 2.5 Million in assets (-1mill in liabilities) for 49%. Yikes, stuff not looking good for the Scientology twins...
Title: Re: Hypebeast buys majority stake in Berrics
Post by: The Ghost of Lenny Kirk on February 22, 2018, 11:47:14 AM
im sure in a year or so things are going to go really bad and theyre going to regret doing this.

the bright side is the berrics will be gone forever when that happens.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Seadramon on February 22, 2018, 12:04:56 PM
(https://i.imgur.com/lXjazNY.png)


(https://scontent-yyz1-1.xx.fbcdn.net/v/t1.0-9/28056093_10160088681515375_9020155435047296872_n.jpg?oh=41d7f018ba4e71eb3c9033bd7b624ac9&oe=5B00F4E4)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: CRAILFISH TO REVERT on February 22, 2018, 12:14:14 PM
Future Olympic training center.
Title: Re: Hypebeast buys majority stake in Berrics
Post by: calvinsdream on February 22, 2018, 03:12:34 PM
the bright side is the berrics will be gone
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Pigeon on February 22, 2018, 03:24:09 PM
The fuck is Hypebeast? Bunch of nobodies?
people that only wear shit that’s popular—according to Trinidad James
Title: Re: Hypebeast buys majority stake in Berrics
Post by: GAY on February 22, 2018, 05:02:31 PM
Never Stop Jumping Hypebeasts
Title: Re: Hypebeast buys majority stake in Berrics
Post by: ice nine on February 22, 2018, 05:24:57 PM
^lol

when did berra ever do a 12 foot drop? he better not be claiming that 5050'ing a handrail constitutes a transfer to drop
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Burt Ward on February 22, 2018, 05:33:20 PM
^lol

when did berra ever do a 12 foot drop? he better not be claiming that 5050'ing a handrail constitutes a transfer to drop

Watch his part in The End if you can be fucked. I can't. Pretty sure he does something that fits this description. Probs not 12 ft though. Ah fuck it. I'll look.

www.youtube.com/watch?v=FkcKET-jRAE

2:00
Title: Re: Hypebeast buys majority stake in Berrics
Post by: Jehoshaphat Augustus on February 23, 2018, 04:48:13 AM
I'll believe he did a 50-50 12 foot drop the day I believe he really was the first to heelflip on vert
(https://image.ibb.co/d01Afx/Gadams.jpg)
Title: Re: Hypebeast buys majority stake in Berrics
Post by: newMe on February 23, 2018, 06:35:12 AM
HypeBerrics now. Can wait for the sneaker drop video shoots in the warehouse.