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(The Verge)   The founders of Three Arrows Capital named their $50 million yacht "Much Wow." What would y'all name your yachts before going from being worth $500 million to $604 after the eventual collapse?   (theverge.com) divider line
    More: Facepalm, Cayman Islands, Venture capital, Hedge fund, Arbitrage, New York Magazine, AC co-founders Kyle Davies, Su Zhu, early days  
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666 clicks; posted to Business » on 15 Aug 2022 at 5:25 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



33 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-15 4:49:41 PM  
She Sails She Sails by the She Shore

(cuz I'm a lesbian)
 
2022-08-15 4:55:42 PM  
I'm probably going to be buying a used sailboat rather than a shiny new one, so I'll be stuck with whatever it's named.
 
2022-08-15 5:02:43 PM  
I should buy a boat.
 
2022-08-15 5:33:12 PM  
The Land Yacht - my wife gets motion sick very easily, so land-based only.
 
2022-08-15 5:40:11 PM  
Der Hindenberger
 
2022-08-15 5:46:52 PM  
The Bearded Clam
 
2022-08-15 5:52:21 PM  
Should have gone for a more classic, ancient internet lulz name, the U MAD BRO
 
2022-08-15 5:57:22 PM  
i mean they still have the 50 million dollar yacht so, winning?
 
2022-08-15 6:11:29 PM  
Se Vende

Seriously, sell it to an oligarchy idiot, buy a very nice, modest sized forever yacht (sailboat with plenty of spares) in the 1/2 to 1 million range and live like a king in Patagonia
 
2022-08-15 6:25:50 PM  
Gushing Granny
 
2022-08-15 6:31:11 PM  
neongoats:

Do it, but do your homework first man.

/1976 28' Pearson
//she's named Circus
///it's fitting
 
2022-08-15 6:37:13 PM  

replacementcool: i mean they still have the 50 million dollar yacht so, winning?


if you've had a $50 million yacht for long enough to sign the receipt you don't have a $50 million yacht anymore
 
2022-08-15 6:38:55 PM  
Reposessable
 
2022-08-15 6:39:16 PM  

kozlo: neongoats:

Do it, but do your homework first man.

/1976 28' Pearson
//she's named Circus
///it's fitting


Oh I have plenty of time to do my homework. The finances won't match for a couple of years. I'm starting to get a sense of some of the red-flags.
 
2022-08-15 6:47:57 PM  
neongoats:

Make friends with sailors if you know any. They always have their ears up for stuff for sale. Get a book on sailboat repair to see what to look for. Sailboatlistings.com is a great place to find a deal. Also plenty of titles out there about "your first sailboat".
 
2022-08-15 6:47:58 PM  
Home One.

/IYKYK
 
2022-08-15 6:49:01 PM  
Fark user imageView Full Size
 
2022-08-15 6:51:52 PM  

kozlo: neongoats:

Make friends with sailors if you know any. They always have their ears up for stuff for sale. Get a book on sailboat repair to see what to look for. Sailboatlistings.com is a great place to find a deal. Also plenty of titles out there about "your first sailboat".


I've been watching this guy Sam Holmes on the tube thing - motherfarker is like the Mariner from waterworld.
 
2022-08-15 7:17:26 PM  
neongoats:

Yes, impressive but it takes a lot to get to that point. I've sailed blue water (Caribbean) before and I just about lost my nerve at the helm of a 40' Jenneau in a downwind with 8-10 foot waves. If you don't have any experience I don't recommend going straight to the stuff he's doing. Or if you do find a friend that knows what they're doing.
 
2022-08-15 7:17:50 PM  

neongoats: I'm probably going to be buying a used sailboat rather than a shiny new one, so I'll be stuck with whatever it's named.


After you make and sell your collection of neon goat NFTs you should be able to buy a new yacht.
 
2022-08-15 8:02:42 PM  

foosball64: neongoats: I'm probably going to be buying a used sailboat rather than a shiny new one, so I'll be stuck with whatever it's named.

After you make and sell your collection of neon goat NFTs you should be able to buy a new yacht.


The type of boat I'm looking at costs used in good condition about what a midsized suv does.
 
2022-08-15 8:04:02 PM  

kozlo: neongoats:

Yes, impressive but it takes a lot to get to that point. I've sailed blue water (Caribbean) before and I just about lost my nerve at the helm of a 40' Jenneau in a downwind with 8-10 foot waves. If you don't have any experience I don't recommend going straight to the stuff he's doing. Or if you do find a friend that knows what they're doing.


Oh yeah, I'm cognizant of the fact that I won't be going much past the sight of land for a long ass time. lol
 
2022-08-15 8:05:39 PM  
All they can afford now is a douche canoe.
 
2022-08-15 8:11:32 PM  

neongoats: kozlo: neongoats:

Yes, impressive but it takes a lot to get to that point. I've sailed blue water (Caribbean) before and I just about lost my nerve at the helm of a 40' Jenneau in a downwind with 8-10 foot waves. If you don't have any experience I don't recommend going straight to the stuff he's doing. Or if you do find a friend that knows what they're doing.

Oh yeah, I'm cognizant of the fact that I won't be going much past the sight of land for a long ass time. lol


I took sailing lessons in 2020, socially distanced and masked, etc.

I thought I wanted to sail, because my dad sailed. Playing some yacht rock, bring my friends along for a good time on the bay, etc.

I ended up buying a kayak instead. Just as fun and scary when the wind picks up even a tiny bit.
 
2022-08-15 8:34:29 PM  
They should rename their boat "So Long"
 
2022-08-15 9:26:19 PM  
SS Bob Wiley.

Crypto douche or not, I feel like if you get a new boat and don't give some nod that flick, it's a huge lost opportunity.

I'm probably just biased being from NH and a Murray fan.
 
2022-08-15 9:40:42 PM  
"The Rental"

/If it floats, flies, or f*cks ...
 
2022-08-15 10:34:34 PM  
Torpedo Practice.
 
2022-08-15 10:58:33 PM  
Same thing I named my house, cat and firstborn: Bust A Nut in My Grandma's Butt, Vol. 9

Sorry you found out this way, Buster Nutt.
 
2022-08-16 12:09:35 AM  
I'd name mine the "Warning: Ugly Nudists"
 
2022-08-16 8:26:55 AM  
Boaterface
 
2022-08-16 12:16:00 PM  
Having had boats big and small, were I to get another, it would be named "Forever Maintenance".
 
2022-08-16 1:43:29 PM  
Lotta boat talk in here and nothing about the crypto douches who doubled down on Luna, took mob money, crashed their company and took several others with them, funneled the last remaining stablecoins to the Caymans then fled into hiding while trying to get to Dubai to avoid mob assassination. I think their abandoned mega yacht (150 mil according to TFA) is the least of their concerns.
 
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