by Spoopytime October 18, 2017
Get the sponcon mug.an individual who pays for your food, your clothing, your vacations, your extxra curricular activties and alcohol. Also provides transportation.
by Spackle April 3, 2007
Get the Sponsor mug.Related Words
Sponyo • sponsor • spongo • spondoolies • sponsored • spondon • Spondoolie • soonyoung • Spongocunt • spono
An experienced or senior facebooker who guides or explains how to do stuff on facebook that the rest of us can't figure out on our own.
"I couldn't figure out how to post those three pix in a row on my wall, so I had to ask my Facebook Sponsor. He got me straightened out, but he totally lost me when he started facebook preaching."
by Ando Indigo October 1, 2009
Get the Facebook Sponsor mug.Tag Sponsor is a girl on Instagram, who is trying to look decent but is actually a high end prostitute and has been caught falling for a deal made by a guy to pay for sex. She usually accepts 20k for a weekend and says she will do extra stuff like golden shower or corpophilia (disgusting) for extra. Some women have even agreed to go with a 13 year old for extra (terrible). The screen shots of the conversation have been uploaded online to Tag Sponsors website
by Frank467 May 5, 2017
Get the Tag Sponsor mug.(FINANCE) an initial public offering of stock in a company by a private equity fund that already owns it.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
ILLUSTRATION
Suppose we have a company, HCA, that currently a publicly traded corporation. Now, some people with a lot of money arrange to borrow even more money, buy ALL the stock in HCA, and then turn it into a private corporation. All of the shares of stock are withdrawn and the company no longer has to publish its financial data with the SEC.
In theory, the new ownership can totally restructure the management; invest in new assets; divest old assets; retrain staff; or otherwise refurbish HCA so it does its job better and more cheaply. After doing this, it sells the new HCA to the public for much more than it paid for it, and everyone comes out a winner.
In practice, PE fund raids HCA to the tune of $2.5 billion and saddles it with the gigantic finance costs of its own LBO. Investors think they're buying a set percentage of HCA when they buy shares, but they're really just extending the process of vacuuming cash from the pockets of investors.
MIKE: So I hear that KKR and Bain Capital are selling HCA back to the public. A new IPO, huh?
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
MARGARET: Avoid it. Ordinary IPO's by companies going public for the first time are doing much better.
MIKE: But that's crazy! It's a sponsored IPO! By KKR and Bain Capital! It's got to be good! They'll still own most of HCA afterward, so they'll do what it takes to make sure the price stays high.
MARGARET: No, they don't care what the share price does so long as they get your money out of you. In the meantime, they've looted the company in the most inefficient way possible: using an LBO financed with junk bonds.
MIKE: Ouch, I guess my head is glad I talked to you about it but my heart is a greasy stain in the pavement.
by Sorry, the good guys lost September 2, 2010
Get the sponsored IPO mug.In YouTube there is a certain powerhouse about sponsorships where they get the YouTubers to say "Today's video is sponsored by Raid Shadow Legends, one of the biggest mobile role-playing games of 2019 and it's totally free! Currently almost 10 million users have joined Raid over the last six months, and it's one of the most impressive games in its class with detailed models, environments and smooth 60 frames per second animations! All the champions in the game can be customized with unique gear that changes your strategic buffs and abilities! The dungeon bosses have some ridiculous skills of their own and figuring out the perfect party and strategy to overtake them's a lot of fun! Currently with over 300,000 reviews, Raid has almost a perfect score on the Play Store! The community is growing fast and the highly anticipated new faction wars feature is now live, you might even find my squad out there in the arena! It's easier to start now than ever with rates program for new players you get a new daily login reward for the first 90 days that you play in the game! So what are you waiting for? Go to the video description, click on the special links and you'll get 50,000 silver and a free epic champion as part of the new player program to start your journey! Good luck and I'll see you there!" This is very annoying because I just want to watch your !!!!ing video you dullard. Just get on with the video.
by LukeIsCoolerThenU April 30, 2022
Get the Raid Shadow Legends Sponsorships mug.To secretly and anonymously donate a bowl of hot chips to a group of people at a pub or bar.
The intention is to make them think that the bowl was brought to their table by mistake, giving them the illusion that they scored a free snack that should have been delivered to someone else.
You then watch them try to work out how it could have happened while they eat and enjoy their 'stolen' chips.
The intention is to make them think that the bowl was brought to their table by mistake, giving them the illusion that they scored a free snack that should have been delivered to someone else.
You then watch them try to work out how it could have happened while they eat and enjoy their 'stolen' chips.
Drinker1: That group of guys over there looks hungry, lets send them a snack.
Drinker2: Yeah right! Lets sponsorchip 'em.
Drinker2: Yeah right! Lets sponsorchip 'em.
by WarrenMad November 29, 2010
Get the Sponsorchip mug.