Ranked 293 among the nation's richest people. Net worth is now nearly $2B.

Once Ubiquiti was able to curtail all the counterfeiting of it's products, the stock really took off. Pera also said the FEF wifi is nearly a go according to an interview with a local writer.

'NBKay: Give it to me straight, Pera… will we ever REALLY have wifi at the forum? GrizzNation wants to tweet!

RJP: Yes, we have a team that has been stress-testing the deployment during the offseason. It will be officially supported at season start.'

Here's the whole interview with RJP:
http://www.3sob.com/uncategorized/breaki...nd-3/9333/

(09-16-2013 11:20 AM)UofMark Wrote:  Once Ubiquiti was able to curtail all the counterfeiting of it's products, the stock really took off. Pera also said the FEF wifi is nearly a go according to an interview with a local writer.

'NBKay: Give it to me straight, Pera… will we ever REALLY have wifi at the forum? GrizzNation wants to tweet!

RJP: Yes, we have a team that has been stress-testing the deployment during the offseason. It will be officially supported at season start.'

Here's the whole interview with RJP:
http://www.3sob.com/uncategorized/breaki...nd-3/9333/

Wonder if they are using Cisco wireless access points.

I'm very glad that I bought at $13

Funny to look back on all the idiots who didn't think he had the money to buy the team. Some people don't understand how the market works I suppose.

(09-16-2013 04:05 PM)Rob Wrote:  Funny to look back on all the idiots who didn't think he had the money to buy the team. Some people don't understand how the market works I suppose.

I guess you are calling me an idiot.

If he has not sold any stock or issues dividends, he has $2 billion on paper but not $2 billion in cash. He was worth $2 billion two years ago until he was worth $400 million a year ago.

The dude won't have cash to run the Grizz out of pocket until he sells some stock.

(09-16-2013 04:57 PM)Latilleon Wrote:  

(09-16-2013 04:05 PM)Rob Wrote:  Funny to look back on all the idiots who didn't think he had the money to buy the team. Some people don't understand how the market works I suppose.

I guess you are calling me an idiot.

If he has not sold any stock or issues dividends, he has $2 billion on paper but not $2 billion in cash. He was worth $2 billion two years ago until he was worth $400 million a year ago.

The dude won't have cash to run the Grizz out of pocket until he sells some stock.

Yeah! And Buffet's not rich either.

I'd rather have in in stock that cash, anyway if I were him. I'd just have it in gold, silver, and mines.

(09-16-2013 04:57 PM)Latilleon Wrote:  

(09-16-2013 04:05 PM)Rob Wrote:  Funny to look back on all the idiots who didn't think he had the money to buy the team. Some people don't understand how the market works I suppose.

I guess you are calling me an idiot.

If he has not sold any stock or issues dividends, he has $2 billion on paper but not $2 billion in cash. He was worth $2 billion two years ago until he was worth $400 million a year ago.

The dude won't have cash to run the Grizz out of pocket until he sells some stock.

Broke azz bastard can't even fill up his car without selling stock. Paper tiger...

(09-16-2013 05:11 PM)tigerjamesc Wrote:  

(09-16-2013 04:57 PM)Latilleon Wrote:  

(09-16-2013 04:05 PM)Rob Wrote:  Funny to look back on all the idiots who didn't think he had the money to buy the team. Some people don't understand how the market works I suppose.

I guess you are calling me an idiot.

If he has not sold any stock or issues dividends, he has $2 billion on paper but not $2 billion in cash. He was worth $2 billion two years ago until he was worth $400 million a year ago.

The dude won't have cash to run the Grizz out of pocket until he sells some stock.

Yeah! And Buffet's not rich either.

Warren Buffett has sold stock and received dividends. He also doesn't own a major league franchise in a small market.

(09-16-2013 10:50 AM)mairving Wrote:  Ranked 293 among the nation's richest people. Net worth is now nearly $2B.

Interesting to look at this thread after 5 years. Today Robert Pera is worth 5.8 billion and Ubiquiti stock is trading at $106 a share.

(09-16-2013 11:43 AM)whoyarootinfor Wrote:  I'm very glad that I bought at $13

Over five years later, trading at $106 per share. Hope you held them.