2nd paragraph we agree.
1st paragraph, he can be worth all the money in the world. a) Would he put his personal money to do this? b) Merlin HAD to bail because the previous investors aka equity partners wanted OUT from a bad deal bleeding profusely. Would the same ones do it again? Doubt it. Would others do it? Not impossible, but a tough sell.
Your Nick D statement is out of place. If you wanted a cheap jab at Nick D, well done. Otherwise, didn't contribute to the discussion unless I am missing the implied joke?
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