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09-09-2024, 03:40 PM
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#1
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Need to Shave n Shower, but I CANT STOP POSTING ON RS
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Hoonigan Files For Bankruptcy With $1.2 Billion In Debt
https://jalopnik.com/hoonigan-files-...ebt-1851643671
So last year Hoonigan before Ken died was bought by Wheel pro's a company that has 60+ brands including Foose, TSW, etc. https://www.wheelpros.com/brands Wheel Pro's is owned by a hedge fund. After Ken died most of the OG talent at Hoonigan left. A few months back Wheel pro's changed it's name to Hoonigan.
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Until the lions have their own historians, the history of the hunt will always glorify the hunter.
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09-09-2024, 03:44 PM
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#2
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Need to Shave n Shower, but I CANT STOP POSTING ON RS
Join Date: Apr 2007
Location: Okanagan
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I didn't even know Hoonigan was a brand lol.
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Quote:
Originally Posted by maksimizer
half those dudes are hotter than ,my GF.
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Quote:
Originally Posted by RevYouUp
reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z
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Quote:
Originally Posted by Good_KarMa
OH thank god. I thought u had sex with my wife. :cry:
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09-09-2024, 04:24 PM
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#3
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Orgasm Donor & Alatar owned my ass twice!
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Yea, didn't know they were owned by a wheel company, gtr lighting, morimoto, all the eBay, tire rack brands.
But then what do you do after the main man dies. That's like Jeremy dying off top gear.
Wheels sales should have nothing to do with hoonigan
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09-09-2024, 04:28 PM
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#4
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Need to Shave n Shower, but I CANT STOP POSTING ON RS
Join Date: Apr 2004
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Quote:
Originally Posted by JDMDreams
Yea, didn't know they were owned by a wheel company, gtr lighting, morimoto, all the eBay, tire rack brands.
But then what do you do after the main man dies. That's like Jeremy dying off top gear.
Wheels sales should have nothing to do with hoonigan
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It was sold before he died.
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Until the lions have their own historians, the history of the hunt will always glorify the hunter.
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09-09-2024, 05:05 PM
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#5
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I subscribe to Revscene
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Location: Vancouver
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Quote:
Originally Posted by Manic!
It was sold before he died.
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yep. most of the OG hosts have touched on it in their various other endeavors and social media
hedgies were buying up brands. turns out there's really no money in it. Same thing happened at Donut. None of the talent owned any of it.
all those guys are running their own things now. Vin's channel is really good. Donut guys are doing OK too.
I do miss the daily transmission days. looked like a lot of fun
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Quote:
Originally Posted by westopher
replace that wood for who gets producer the wood.
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09-09-2024, 06:27 PM
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#6
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Rs has made me the man i am today!
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Wouldn't be surprised if all those companies were private-equity looted. Look up Red Lobster's hedge fund history and be appalled.
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09-09-2024, 09:03 PM
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#7
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in the butt
Join Date: Aug 2016
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The fact that any company, can be 1.2 billion in debt, without 1.2 billion in assets, is absolutely insane
minus REITs operating at 80-95% in debt cuz thats "normal"
Dont worry, taxes will bail em out
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Donk already looks like he's on fent
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09-09-2024, 09:13 PM
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#8
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I STILL don't get it
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I hate PE. It's a load of shit.
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09-09-2024, 09:29 PM
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#9
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I WANT MY 10 YEARS BACK FROM RS.net!
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damn, KMC and morimoto are legit too
then again bbs and recaro didn't liquidate going through similar changes
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09-10-2024, 06:46 AM
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#10
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I have named my kids VIC and VLS
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lol what was the valuation based on? Hoodies and an instagram account?
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Dank memes cant melt steel beams
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09-10-2024, 08:03 AM
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#11
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Orgasm Donor & Alatar owned my ass twice!
Join Date: Apr 2014
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Amount of monster stickers
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09-10-2024, 09:30 AM
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#12
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Rs has made me the man i am today!
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Quote:
Originally Posted by Hondaracer
lol what was the valuation based on? Hoodies and an instagram account?
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The market cap of stickers on Subarus and Ford Raptors like 96%
That's deep segment penetration. Every person with a pair of white sunglasses has at least 2.5 stickers per household and MONSTER drink fridge inventory turnover of just 3 days in North America.
They struggled with the Asian markets, but they did take some market share from Hellaflush and Stance Nation FY2023 Q3 according to their 10-Q filings.
Last edited by trollface; 09-10-2024 at 09:36 AM.
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09-10-2024, 09:32 AM
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#13
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Need to Shave n Shower, but I CANT STOP POSTING ON RS
Join Date: Apr 2004
Location: Nanaimo
Posts: 17,645
Thanked 8,518 Times in 3,991 Posts
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Quote:
Originally Posted by Hondaracer
lol what was the valuation based on? Hoodies and an instagram account?
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The Hoonigan YouTube channel had 5 plus million subs. They did a lot of deals with manufacturers and companies . Wheel pro has over 60 brands.
According to this site they have over 500 employees and annual revwof over 400 Mill a year.
https://www.apollo.io/companies/Whee...702d97c1a98901
__________________
Until the lions have their own historians, the history of the hunt will always glorify the hunter.
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09-10-2024, 10:23 AM
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#14
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RS Veteran
Join Date: Dec 2001
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Is Hellaflush and Stancenation still a thing? 
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Stock & Noob Meet 2026 - Stay Tuned!
Quote:
Originally Posted by whitev70r
you broke my heart :rukidding:
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09-10-2024, 10:55 AM
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#15
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Orgasm Donor & Alatar owned my ass twice!
Join Date: Apr 2014
Location: Van
Posts: 6,765
Thanked 2,733 Times in 1,483 Posts
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Rwb Liberty Walk bro
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09-10-2024, 01:06 PM
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#16
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Where's my RS Christmas Lobster?!
Join Date: Feb 2011
Location: Coquitlam, BC
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Quote:
Originally Posted by trollface
They struggled with the Asian markets, but they did take some market share from Hellaflush and Stance Nation FY2023 Q3 according to their 10-Q filings.
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Is this sarcasm? 
Good joke hahahaha
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09-10-2024, 01:39 PM
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#17
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Rs has made me the man i am today!
Join Date: Oct 2011
Location: Richmond
Posts: 3,182
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Don't forget Speedhunters. Their Cap-ex grew 269% to create new stickers and windshield banners leveraged by AI and cloud computing. They grew sequentially in emerging markets such as black G35's in Surrey and rats ass looking early 2000's 3 series in Richmond.
Speedhunters also showed record growth in the wearables segment such as hoodies despite a difficult prior year compare fueled by Sema.
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09-12-2024, 10:10 AM
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#18
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OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2008
Location: Richmond
Posts: 5,105
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Let's not forget about their sister (or mother) company - MILFhunters
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09-12-2024, 12:19 PM
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#19
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"Entertainment" mod.
Join Date: Feb 2009
Location: Surrey, BC
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The hedgies that drove Hoonigan into the ground were part of the same group that bought Chelsea FC. Like the brand hoarding they did with Wheel Pros, Chelsea hoarded a bunch of players that may not even see a game in the Premier League. The CEO of the hedge fund thinks that he’s a baseball GM with that logic.
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Green OJ Special
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09-12-2024, 12:36 PM
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#20
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RS Veteran
Join Date: Dec 2001
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Quote:
Originally Posted by Qmx323
Let's not forget about their sister (or mother) company - MILFhunters
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Legit asking: I thought MILFhunters was just a meme. I didn't think it was an actual brand. Without Google'ing what this is, is it explicit content? Or something else?
__________________
Stock & Noob Meet 2026 - Stay Tuned!
Quote:
Originally Posted by whitev70r
you broke my heart :rukidding:
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09-12-2024, 09:01 PM
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#21
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OMGWTFBBQ is a common word I say everyday
Join Date: Dec 2008
Location: Richmond
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Its porn lol and I don't think its built up as a brand, but its kinda just a meme that actually just got adopted into... everyday? life?
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