With the amount of money required I don't think there is a chance of getting the funding without an IPO on one of the exchanges.
Do you mean that you don't think we would be able to raise this kind of money other than through an IPO or do you mean that you don't believe we will be able to convince any investor to come on board without first having an IPO to prove legitimacy?
I didn't realize his SFX company was buying those EDM brands I like, but the amount of money he is throwing at Viggle - a publicly traded company - and this attempted form of financing for this new venture makes it a huge caveat emptor
I don't understand really, is he competition or part of this venture
Both really. He will be competition initially, but the fact that he has already acquired so many entities and publicly plans to spend upwards of another $500,000,000 is a huge part of this strategy. Never in the history of music festivals has there been an opportunity like this to basically pump and dump the most ideal strategic brand for a specific buyer. This is why the opportunity is there for such a high ROI.