3
Shared Docs
3
Same-Page
3 / 3
Mentions
nding it difficult to get t= more than a 15 million total value for Next ( not including liabilities). The 18 million dollar bid that you mentioned Faith said was h=rdly legitimate. I think further review of the accounting tax etc. i= probably a waste of all our time. As you rightly said, what you ini
s etc. Tha= is not the way we look at what is unfortunately for all merely a pe=sonal service business. Faith and Joel make up the business, nothing more.&nb=p; We calculate the Ebidta, which we think is an odd way of measuring=value of a personal service biz with lots of competition and small growth o=po
ook at value. 6. = One other note t=at is relevant to us, is that when Elite Models in Europe contacted us with=an interest in buying the company, Faith told me to relay to them that they would not contemplate selling to Elite for less t=an $100 million (which at the time was a +10x synergy-adjusted
etc. Tha= is not the way we look at what is unfortunately for all merely a pe=sonal service business. Faith and Joel make up the business, nothing more.&nb=p; We calculate the Ebidta, which we think is an odd way of measuring=value of a personal service biz with lots of competition and small growth o=p
ook at value. 6. = One other note t=at is relevant to us, is that when Elite Models in Europe contacted us with=an interest in buying the company, Faith told me to relay to them that they would not contemplate selling to Elite for less than $100=million (which at the time was a +10x synergy-adjusted
s etc. Tha= is not the way we look at what is unfortunately for all merely a pe=sonal service business. Faith and Joel make up the business, nothing more.&nb=p; We calculate the Ebidta, which we think is an odd way of measuring=value of a personal service biz with lots of competition and small growth o=po
Entities connected to both Faith and more.&nb

Jeffrey Epstein
PERSON
Richard Kahn
PERSONNeale Attenborough
PERSON
Marc Rich
PERSONChris Lawler
PERSONElite Models
ORGANIZATIONTTM EBITDA
ORGANIZATIONOpenGate Capital
ORGANIZATION
Wilhelmina
ORGANIZATIONEquity Value
ORGANIZATIONCreative Artist= Agency
ORGANIZATION