The myth of Erik Prince is that he is both a warlord and a business genius. He is neither.
- The first company he bankrupted was called Advanced Mixer (circa, 1999 in Indiana, try google)
- Then at Blackwater he turned a $1B asset into a fraction of that through recklessness.
-At Reflex Response he turned a $250M payday into something far less
- At Frontier Resource Group he set out to raise $500M, he raised. $52M and lost a big chunk of that on Thiangrial refinery in South Sudan and Cheetah (cement) in the DRC.
-It was a close friend of mine that suggested that if the Americans won't fund Erik, and the Emeratis won't fund Erik, let's go talk to the Chinese.
- So in May 2013 I headed to Hong Kong, Shanghai and then Beijing with Erik in search of funding for FRG.
You can follow @10milesbadroad.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.