HuffNPuff wrote:
devashish_paul wrote:
icabob wrote:
Why does the WTC need to cooperate with PTO and how does non cooperation with PTO have an adverse effect on WTC biz and WSG Shareholders? There is an endless conveyor belt of replaceable pros who can with Ironman races. The current crop of top performers will be replaced ANYWAY by those coming under than them who are younger. If the PTO pros don't show up to race, a new set of gladiators will be the next round of champions. Like in every industry, the workers are replaceable.....even Steve Jobs is dead. Track AAPL's market cap since Oct 5, 2011 to today (9.5 years or so since he died). It has gone up roughly by 1 Trillion dollars.
Exactly. PTO hasn't provided a shred of evidence that they could bring any higher value to Ironman. Saying they are essential to shareholder value is nothing more than sheer puffery. WSG should tell them to put up the money or pound sand. No further discussions required.
This is like an independent contractor going to NASDAQ and saying they are essential the valuation of Amazon.....no, Employees servicing the customers affect the valuation of Amazon....an independent contractor is totally replaceable.
If PTO wants a deal they should just front the money and make an offer.
No one cares which pro won....one year Mark Allen beats Dave Scott and he is the new hero, then Mark Allen does not show up and Welchie is that year's hero. Peter Reid wins and he's the hero and everyone forgets about Van Lierde, DeBoom beats Reid and everyone forgets about Reid, Crowie beats Stadler and everyone forgets about Stadler's miracle 4:18 bike ride, Macca beats Crowie and he's suddenly the smartest fox....Crowie retires and no one cares, we have Frodo and Frodo gets injured and everyone forgets about him and its all about Lange....who then starts crying on the side of the QueenK and suddenly Frodo is back to hero status.
It really does not matter who wins...we just need any winner and the show will go on. No one actually cares who wins (well I kind of do, but WTC does not care if my eyeballs watch Kona....they care that I submit my visa card number to enter the local race).