Los Angeles Clippers Minority Owner Dennis J. Wong made an investment of almost $ 2 million in December 2022, just a few days before the company Kawhi Leonard $ 1.75 million paid as required by his approval contract, according to a new episode of Pablo Torre discovered. The payment was made on December 15, on the same day that the company dismissed 20 percent of its employees.
“It is more than shocking, and I will tell you that I knew that the board (from directors at Aspiratie) had placed (in) money in December and renting money … (SO) It is not a rational investment that someone (WONG) would make,” said one of the two anonymous former former aspiration employees on the Podcast. “So it is very shocking for me that $ 2 million was made as an investment by Dennis Wong, who is identified in my texts as … Steve Ballmer’s partner a week before $ 1.75 million was paid to Kawhi.”
“There are several things that stand out,” said a second anonymous former aspiration officer. “First, we are brutal. We are brutal. So to invest in a bracket company is beyond me … and then the other thing is the amount that is invested, that is such a nominal amount if we have pure investment, especially in a startup in the late stage that … a year earlier $ 300 million (sic) (sic)?”
According to Torre, WONG AA made confidential share purchase agreement of Aspiration of 9 December 2022, in which his limited partnership DEA 88 Investments bought 0.072 percent of the environmental company.
“In all honesty towards Uncle Dennis (Robertson), he is not the only one calling to be paid,” said one of the former aspiration staff on the podcast. “There is a huge freezing because there is no money to spend. So from the perspective of the financial team we have the feeling that we are calling for ourselves on the other side of collections. People are constantly coming in to ask for their money.
“Between those months in which all this is missing – so September, October, November and prior to December, the actual security of the company that even exists for picking up. At that time we are paid as employees? Why do Uncle Dennis keep calling us? We have such greater concerns that we think about, which are our own salaries.
“But see, Uncle Dennis is being paid.”
Adam Silver weighed by the clippers on the NBA investigation from the NBA and said that the “burden” in the competition is to prove that the team has actually committed misconduct to be punished.
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