Drip Footwear CEO Responds To Questions About The Finer Particulars Of His R100M Deal With Cassper. R100M is the determine that has been trending on all social media lately after Drip Footwear CEO Lekau Sehoana and Cassper Nyovest introduced a Legacy deal value that quantity. The determine surprised most, and had numerous questions on how the 2 got here to that determine.
Sol Phenduka and MacG lately hosted Lekau Sehoana on their Podcast And Chill collection to get some extra particulars concerning the deal after questions has risen about what precisely it means for him and Cassper. Lekau talked about that he knew the query was coming and didn’t hesitate in breaking down the R100M determine.
“We really solely agreed on the morning that permit us simply point out the quantity, trigger i’m not a numbers man. I’m simply the man within the background making an attempt to get work carried out. So yeah, it’s simply product, and a contract value R100M value of product.”
“If it’s a sneaker or a t-shirt that’s value R2000, we’re going to make ones which can be value R100 Million up till that specific time period ends. So that’s how we got here to R100 Million. If one Drip is R1000, we’re going to fabricate R100 000 Drips after which that’s R100 Million.”
“So the deal itself is value R100 Million to not say by the top of time period, Cassper would’ve made R100 Million. The deal that we signed each of us is only a R100 Million deal value of product.”
Cassper has responded to some criticisms concerning the deal on Twitter merely writing: “They speak, we work. Then they speak about our work and guess what we gone do ? Work some extra. Then they speak much more about our work and guess what we gone do ? Work much more!!!”