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25 May 2021, 02:06 PM | #1 |
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TPG lost me when they started asking for $2k in exchange to be part of a "wholesale group"
Roman is great. I've been watching his content for years.
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25 May 2021, 02:23 PM | #2 |
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I started watching TPG after reading about it on this forum, to get a look at how the greys work. It was informative, and I like the fact that Anthony has turned his life around. Respect the hustle. However, it seems like they're pretty bad at business (losing watches, unsure about inventory, no real systems in place.) I get that the "openness" is considered honest, but I wouldn't want to do business with them. This $2M raise they're doing at $2k per person seems weird. It's probably legal in that it's not a literal scam... It's a free country, you're allowed to give them $2,000 for access to a facebook group and your name on a plaque in their future store if that's what you want to do. But it does feel like they very quickly jumped from growing the channel to "how can we get money out of these viewers?"
Side note - does anyone know why Anthony was banned here? Roman and Adrian are definitely running a better business, and seem to know more. I prefer watching them, and love when they go into NYC to see that whole scene. Roman has been making vids for years, and while he's trying to grow the channel, it doesn't seem like he's immediately trying to extract money out of the viewers. I'll keep watching both, since they're entertaining. But if I was buying grey, I'd buy from Luxury Bazaar and not TPG. |
13 June 2021, 04:17 PM | #3 | |
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They asked for a 2 million raise before they even had a place to lease!! So they had no clue what they would even need to spend yet. Besides, on a recent episode Anthony mentioned that people were asking what if they don’t get the full amount? To which he responds “ we don’t need the funds as we can do it on our own if need be” basically saying “ we’d rather suck you guys then spend our own money” to which I say. A suckers born every minute. Whoever gave them 2K. It hurts. There are so many poor people that can use the 2K. |
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25 May 2021, 02:49 PM | #4 |
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I’m hooked on TPG but I am very concerned that they will go broke if they move to the new space. They appear to have poor accounting controls, and with the lavish spending, I’m not sure they can keep the party going long term. I really enjoy the show and hope they ink that Netflix series before they run out of cash...
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25 May 2021, 09:58 PM | #5 |
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As sad as it seems, offering the $2k is the right thing to do as a business. "Use other people's money".... It seems he has a lot of followers and people believing in them. It might just work.
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26 May 2021, 04:13 AM | #6 | |
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he loves the non-popular crazy stuff. grey market and watches and whiskey is sick. the moment anthony starts asking 2k crowd funding for his new store place, that disgust me. man, doing well but asking people for money adrian is great but i always feel he's always angry lol. he knows the modern stuff and popular stuff but roman is the real wizard on watches. |
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6 June 2021, 12:27 PM | #7 |
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Has anyone else noticed how Roman and Adrian's videos seem to have started to look more and more like the TPG's?
Flashier and more 'look at me' style in my opinion. |
13 June 2021, 04:31 PM | #8 |
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Lol it’s not a $100mm company. Sales DNE EV
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30 June 2021, 11:50 PM | #9 |
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Yeah, I was thinking the same thing. It's not a $100mm company. No way. People on this forum know better. Many of us have our own businesses or are executives in fortune 500 companies. We know better.
He may have had $100 million in sales, but that's probably not annual sales, and sales doesn't equate to value of company. To put things into perspective, they need to sell the equivalent of 2,777 Day Dates per year at $36,000 (or 53 per week) to achieve $100,000,000 in annual sales. Keep in mind that sales are not the same as net margins either. Plus, we all know that annual sales is not the same thing as net value of company which on very simple terms is assets - debt = net value. It's more complicated than that, but that's where you'd start to calculate it. I don't trust anything these guys say. |
1 July 2021, 12:00 AM | #10 | |
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1 July 2021, 12:20 AM | #11 |
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3 July 2021, 05:16 AM | #12 |
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Best thing we can do is STOP talking about this piece of shit scumbag!
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3 July 2021, 05:43 AM | #13 |
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14 June 2021, 04:58 AM | #14 |
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Had a deal done with TPG a while back for an AP Off Shore and it arrived broken. Anthony put me into contact with Marco and customer service i gotta say was terrible. Had to consult with a dealer I’ve dealt with numerous times to help me out. He basically helped me middle man the entire repair process. Marco did not know who to send the watch to to have it repaired and was in no rush to have it fixed or sent out. Communication was terrible. I don’t think they know what they’re really doing as much what they’re trying to make people believe.
I would never deal with TPG again. I saw his few good reviews on here as well as his following in YT so i thought i would be in the clear, but i was definitely wrong about that. Sent from my iPhone using Tapatalk |
14 June 2021, 05:21 AM | #15 | |
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15 June 2021, 10:49 AM | #16 | |
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TPG have admitted on camera that YT was their primary focus. |
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15 June 2021, 10:46 AM | #17 |
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Just caught the new TimePiece Gentleman video. They backpedaled on quite a bit of things they've been doing. Very interesting video.
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15 June 2021, 10:56 AM | #18 |
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15 June 2021, 09:59 PM | #19 |
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If people read between the lines, it appears there is something going on. Either sales are down more than they stated and/or there was an issue with how they "structured" their plea for money. They repeatedly stated what & how it is described as. They now refer to it as a "membership". I'd be curious to know if an issue was raised as to the legality of how it was structured. Anthony is too fast & loose. He's like a popcorn fart in a skillet. There doesn't seem to be much long term planning, he is very reactionary in making quick decisions. Marco just appears to be along for the ride. I'll keep watching, it's like driving past an accident, you just cannot look away.
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15 June 2021, 11:18 PM | #20 |
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I agree, something doesn't seem right with the numbers they were disclosing in the financials.
I'm an accountant, and when he was posting gross profit, he more than likely wasn't factoring in his operating expenses. He should be disclosing net income. I also just saw a thumbnail for a new TPG video on Youtube. Seems the woman they hired is no longer employed with them. She only last a few weeks. |
16 June 2021, 01:02 AM | #21 | |
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I haven’t watch today’s in full yet, but skipped through it. Apparently the landlord at their newest desired store location hasn’t given them a lease offer. This is the third or fourth location they’ve looked at. It’s obvious something else is at play here. They didn’t share their financials with the first location and I have a feeling it’s because it wasn’t appealing. They decided to go to a higher level at their current building instead of doing a large showroom build out elsewhere. I wonder if they’ll have any legal actions brought against them as they offered a ton of perks regarding their new office, which isn’t happening as big as promised. |
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16 June 2021, 11:09 AM | #22 |
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The timepiece gentleman videos get sketchier and sketchier. Now they want deposits when they have to get the watch from another dealer . Theses guys are a mess.
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16 June 2021, 01:51 PM | #23 | |
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Not sketchier. Not a mess. They are doing what they want and asking for the craziest things with the craziest terms. Simply because crazy people are eating out of their hands and they know it. I love how Marco talks In the latest video about “enjoying your money while letting it appreciate in value” on a Breguet. Ha. Guy should have asked him, if he wants to sell it back to him in a year if he’ll pay him more or at least what he’s paying for it now?? NOT. Marco would come up with some… Look, people get swept up in the hype and take a gray dealers word at face value, that on them. Honestly TPG are not being right to customers for misleading them and convincing them not a bubble. |
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16 June 2021, 01:00 PM | #24 |
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Train wreck waiting to happen….
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16 June 2021, 09:37 PM | #25 |
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i think more grey dealers are getting on the youtube train.
end of the day i feel grey market really gives me the most in depth view on how a big grey dealer works. all the interviews and roman going around meeting other dealers and their business. |
19 June 2021, 08:16 AM | #26 |
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They need to stfu about watches being guaranteed to appreciate. Its clear they don’t know what the hell they are talking about or they are providing horrible guidance to clients.
Anthony bought a black panther AP and those went from 450 to 250 in a week lol
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19 June 2021, 08:21 AM | #27 |
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I agree. What annoys me is how he pulls these future valuations out of his a** and is so confident it’ll go there once it gets discontinued lol. This is the same guy that bought like 6+ YG green Daytona at hype prices a few months ago as he was positive it’ll be discontinued as it wasn’t on the 2021 price guide.
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19 June 2021, 08:45 AM | #28 | |
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It’s crazy but you always hear them saying when someone tries to sell them a watch based on market prices, they say valuations on Chrono 24 are hyped and therefore they need to pay much much less. Then you always see them whenever asking “what’s this going for”? Or whenever they make up a price, they always refer to the high price on Chrono 24. So dishonest. And don’t say that’s business. There’s a businessman, and then there’s a sleazy businessman. they match the latter. Definitely not gentlemen. Lol But hey, they have the views including ours, so they’re going to be laughing all the way to the bank once they monetize YouTube. |
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19 June 2021, 03:28 PM | #29 |
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They were supposed to upload Week #23 Part 2 today, but never did. Fair enough, sometimes issues pop up... But people have been asking where it is on the YouTube channel, and TPG changed their pinned message to:
With all the negativity in the comments and as many lives it seems we are ruining why don’t we just delete this channel all together? Kind of funny. People are (justifiably) giving them a hard time in the comments about asking for a $2k investment to build a store, and then two weeks later deciding they're not going to actually build that store. Pointing out there might be some legal ramifications to that. Anthony posted an IG video on Thursday saying he was in federal court all day in Los Angeles. Did not provide any context as to what he was there for. |
19 June 2021, 11:17 PM | #30 | |
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