<story><title>Las Vegas Sphere reports $98.4M loss; CFO quits</title><url>https://lasvegassun.com/news/2023/nov/08/las-vegas-sphere-reports-984-million-loss-cfo-quit/</url></story><parent_chain><item><author>mmanfrin</author><text>It was open for 2 days of the fiscal quarter. The CFO quit after being yelled at by the notoriously combative CEO. The news has been running with this headline because it&amp;#x27;s drawing clicks but it&amp;#x27;s not really painting an accurate picture.</text></item></parent_chain><comment><author>alephnerd</author><text>&amp;gt; notoriously combative CEO&lt;p&gt;Understatement of the year. Dolan successfully destroyed 2 major sports franchises (Knicks and Rangers) he spent millions on acquiring and managing.&lt;p&gt;He is also using facial recognition to ban all employees of law firms suing MSG (his company) from going to any of their properties, and NY State is considering pulling his liquor license as a result.&lt;p&gt;The only reason he&amp;#x27;s solvent is because the Madison Square Garden is basically el dorado (financially speaking) and he inherited a bunch of money from his father (the founder of HBO and Cablevision)&lt;p&gt;Imagine if GOB Bluth became CEO. That&amp;#x27;s Dolan.</text></comment>
<story><title>Las Vegas Sphere reports $98.4M loss; CFO quits</title><url>https://lasvegassun.com/news/2023/nov/08/las-vegas-sphere-reports-984-million-loss-cfo-quit/</url></story><parent_chain><item><author>mmanfrin</author><text>It was open for 2 days of the fiscal quarter. The CFO quit after being yelled at by the notoriously combative CEO. The news has been running with this headline because it&amp;#x27;s drawing clicks but it&amp;#x27;s not really painting an accurate picture.</text></item></parent_chain><comment><author>nerdjon</author><text>This was my confusion seeing the headline, there is no way the people building this did not realize that this was an &amp;quot;investment&amp;quot; and would take time to make money?!?&lt;p&gt;Even once it&amp;#x27;s built you have some logistical things to figure out to start making profit day by day before taking into account the investment.&lt;p&gt;The real story is apparently the asshole CEO, not the loss.</text></comment>