humble sabot wrote: ↑
Tue May 26, 2020 8:30 pm
Any word on whether the new CEO from AMG is pro Valkyrie?
Big low profit/loss leader projects are usually the first to get the axe between new CEO and economic downturn. Even well advanced ones.
And then throw in the fact that he'd have been involved in this project's main rival.
I suppose there might be too much customer money involved to axe it at this stage though.
All the build slots were accounted for before launch but I don't know if that necessarily implies significant percentages deposited or a lot of handshakes and token deposits. I wouldn't be surprised if, in the case that AM were sufficiently solvent to do so, they'd return deposits and shelve the whole project.
Supposedly, the Valk was a profitable venture. The uber rich seem a bit more immune to pandemic derived insolvencies. Thus, my guess is that it is a go...IF the contracts/deposits are on "good paper". Furthermore, I would aver the DBX's, the pre-pandemic savior, hoped for customers will be hard to find for a few years. Thus, the Valk may have "wheels'.