FINANCIAL ANALYSIS: How Can Draft Kings Buy Another Company When it Makes No Money?

FINANCIAL ANALYSIS SERIES:
"Accounting Deep Dive: It May Put You to Sleep or it Could Kill Your Business or a Business in Which You Invested"

-In the FINANCIAL ANALYSIS Series from the Red to Black Podcast, we review the 3 Accounting Statements (Cash Flow Statement, Income Statement, and Balance Sheet) of any business, private or public, to discover whether or not the company is profitable. We are looking for highly profitable businesses that pay you to own them.

CURRENT EPISODE:

"Draft Kings, Makes No Money, Yet Makes a $20B Offer for Entain"

-In this episode, we discuss how Draft Kings and other similar companies can only expand by raising more Equity and Debt instead of expanding through cash from their operations. It is essential to know whether a company generates money from operations or from the Debt and Equity markets as an investor.

"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast

Follow Us & Provide Feedback:
** We invite you to Subscribe to the Channel
Youtube URL - https://www.youtube.com/channel/UCSO7op2alg-Usl03gpl3blg

## Don't Forget to Press the Bell Notification for Future Updates.
@@ Please Comment below with your Questions, Thoughts, Feedback and Any Recommendations for New Content

We Appreciate Your Support and We Thank You for Taking Time out of Your Day to Engage with Our Content.

Contact the Co-Hosts:
Werner Minshall: https://www.linkedin.com/in/werner-minshall
Mario Parzino: https://www.linkedin.com/in/mario-parzino

Stay in Touch:
Website - https://www.redtoblackpodcast.com
Instagram - https://www.instagram.com/redtoblackpodcast

Relevant Videos:

Disclaimer:
We are not financial advisors and do not provide any financial information for investment purposes. All our advice is solely our opinions. When you consume our content you are responsible for how you perceive, judge and evaluate this content. Any decisions you make in the future based on this content is not our responsibility since this content is our opinion.

All content, material, audio, video, branded material and anything else pertaining to this Podcast is solely owned and controlled by Bridger Equity LLC."