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Reply to "Succession - Season 4"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does anybody else think think the way Kendall monkeyed with the financing projections and his dad’s video (double the revenue!) will come back to bite him? A lot of people know the numbers were funny and that he messed with the video. And some of those same people are motivated to do him in.[/quote] I think that's quite possible. I also think one of the old guard will be shut out or will leave - probably Gerri, but maybe Frank because Frank seems pretty decent.[/quote] Karl threatened to go public about the numbers if Kendall fires him. So Karl won't be fired. Roman already fired Gerri and Kendall apparently doesn't care, so it will be interesting to see if Gerri has a way back in. I'm guessing Frank is next, too. Although all of them know the numbers are rotten so maybe they all have leverage. [/quote] It's funny though how Roman has technically fired Gerri twice and yet she is still there, and neither time was the board informed of the firing. So it will be interesting to see if the board learns about this one eventually and if a replacement is appointed and what the blowback is -- Gerri no doubt has allies (and enemies) on the board. I don't think an interim CEO firing the company's General Counsel with no warning in the middle of buyout negotiations will go unnoticed. I think firing Gerri is significantly trickier than firing the studio head, which Roman also screwed up and will almost definitely result in blowback as well. Another thing to remember is that pretty much everyone involved with Waystar wants this deal to go through because they stand to make a f**kton of money off of it. The offer that Lukas has communicated is a massive valuation and everyone involved has giant dollar signs in their eyes. Except Kendall and Roman. So the idea that they are going to just go rogue and tank the deal and all the people who will lose (on paper) millions of dollars as a result will just accept it? Nope. This is how shareholders lawsuits and SEC investigations are born. And Roman and Kendall haven't even been particularly careful -- Jess and Greg both know what they are doing. Do you really think Greg wouldn't fold under tough questioning in a deposition? I don't see any way Roman and Kendall get away with their current plan. They will likely get away, generally, with being rich idiots with very few consequences. But I don't see any way they successfully tank the deal, hold onto their CEO roles, and get to run Waystar the way they apparently would like to (note: they have no concrete vision for the company, just a vague attraction to the idea of playacting as Logan). That will not happen. If it does, I'll eat my shoe.[/quote] I’m not sure whether they’ll be able to tank the deal or not, but one thing they mentioned in this ep is that the Mattson deal gets shareholders (or maybe just board members? Not sure?) half cash and half stock. So everyone has a vested interest in Mattson not being a total f***up who trashes any stock value going forward. So the baby steps about Mattson being irrational are significant (and if Shiv ever cares to share her blood story that would be even more significant) towards the goal of trashing the deal. Question - Kendall indicated at one point that they would be able to still buy Pierce without selling to Mattson - how is that possible? I thought they needed the Mattson $ to go out on their own and buy Pierce. And I agree with many of you here that Greg has been sidelined/underused lately but his line to Tom about how his presentation isn’t great but it won’t matter because no one would be paying attention? Perfect.[/quote] Regarding Kendall's idea to buy Pierce without selling to Matsson -- I think it's pure fantasy. He said this in the context of arguing they could make Waystar so profitable that they could make enough money off of it to buy Pierce. But he has no actual ideas to make this happen. His best idea at this point is to lie to people that they are trying to figure out how to make people live longer in order to juice the stock price. That is NOT going to produce enough equity to buy Pierce. It's just ludicrous on its face. Kendall's behavior in the last two episodes have made me wonder if he's relapsing and doing drugs again. He seemed pretty level headed and calm in the episode where Logan died and the one after, but since then he's back to his old manic antics. He's lying to people, ignoring massive red flags (like Roman firing two major players in one afternoon), taking massive risks. Given his history and the fact that his dad died just a few days ago, I would not be at all shocked to learn that he was using. And actually, speaking of drugs, the show has gone out of its way to show Roman taking a pill from a bottle on his dad's desk, and then later unpacking a big prescription bottle in his cabin in Norway. Though he doesn't have the same history, it would also not surprise me to learn that Roman is self-medicating.[/quote]
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