stanford millions revenue?

[Mard]

Ok I can see how IPL and ICL are making money because there are so many viewers of it in India, but how stanford millions make any money????

[superkingdave]

Global Wealth Management

[pup11]

Originally Posted by Mard

Ok I can see how IPL and ICL are making money because there are so many viewers of it in India, but how stanford millions make any money????

Yeah i raised this question too in the official Stanford thread, but its pretty clear that Stanford is doing this just as an effort to help WICB and revive interest for the game in the Caribbean once again without expecting any realistic financial profit in return, but i am not sure this is the best way too go about it though.

P.S: Not too sure ICL is making too much money though....

[Goughy]

Originally Posted by Mard

Ok I can see how IPL and ICL are making money because there are so many viewers of it in India, but how stanford millions make any money????

He has also been on record saying that T20 can become the biggest team sport in the world and can break the US market.

Despite assuming there is an element of exaggeration there, there is logic that by investing early then he is putting himself in a massive position of strength when the market explodes.

This common sense perspective is in addition to his philanthropic (sp?) efforts.

[GingerFurball]

Originally Posted by Mard

Ok I can see how IPL and ICL are making money because there are so many viewers of it in India, but how stanford millions make any money????

Because Stanford is rich enough to bankroll it himself.

[Prince EWS]

Originally Posted by GingerFurball

Because Stanford is rich enough to bankroll it himself.

Obviously, but he's a businessman. The question being asked is why he'd want to bankroll it himself if he didn't expect to make a profit from it.

[Richard]

If he doesn't expect to make a profit from it, he's simply spending money because he's got too much of it.