BARSTOOL FINANCE: "WE'RE (finally) BUYING TITS!"

Tyler Morin and I are interviewing someone from the investment community every Thursday to compliment the weekly podcast we put out under The Family Office and the daily newsletter Tyer creates every morning called The Water Coolest.

This week we were lucky enough to sit down with Eric Langan, the CEO, president, and chairman of the board of RCI Hospitality Holdings, Inc. (ticker: RICK), the only publicly traded company that owns gentleman’s clubs.

Giphy Images.

For the financially astute, RCI's variable cost structure, balance sheet, and access to capital provide significant advantages. The business has pricing power on both the service and alcohol sides, has assets to monetize, and is on a mission to acquire another $20mm of EBITDA by 2023 via accretive M&A where they serve as the buyer of choice for mom-and-pop nightclub operators… (Not sure where I cut and pasted that from.)

For the not-so-astute, Eric is in the business of showing guys tits for cash, and no matter the pandemic or recession…

Giphy Images.

I was expecting our conversation to devolve into talk of c-section scars and unwanted pregnancies. Instead, I was confronted with a savvy CEO at the helm of a business model that makes a ton of sense.

Give it a watch and take a report.

-Large


Barstool Finance

25 videos

Play Video
Now Playing

BARSTOOL FINANCE: "WE'RE (finally) BUYING TITS!"

2
When Boxing and Investments Collide, You'll Find Barstool Finance

When Boxing and Investments Collide, You'll Find Barstool Finance

3
IWYIM- Make An Irish Cream This Christmas

IWYIM- Make An Irish Cream This Christmas

4
Getting Fat(ter) In NOLA: The Video

Getting Fat(ter) In NOLA: The Video

5
Canelo Alvarez Is Locked and Loaded

Canelo Alvarez Is Locked and Loaded

6

The Fat And The (Tyson) Fury-ous

7

There's A Mexican Civil War Going On Tonight Featuring Andy “The Destroyer” Ruiz Jr. vs Ch...

8
Why Friday's $PENN News Is About To Make For An Interesting Week

Why Friday's $PENN News Is About To Make For An Interesting Week

9

Saturday Night’s Alright For Fighting- Adrien Broner Interview, Preview of Tonight's Actio...

10
Recap of Wednesday's Action With Another Buddy

Recap of Wednesday's Action With Another Buddy

11
Before The Open- Yesterday's Market Recap With Another Guy Who Is Smarter Than Me.

Before The Open- Yesterday's Market Recap With Another Guy Who Is Smarter Than Me.

12
GameStop (GME) Update- Shooting the shit with an old friend.

GameStop (GME) Update- Shooting the shit with an old friend.

13
A GameStop Q&A With At Least One Guy (not me) Who Knows What The Fuck He Is Talking About

A GameStop Q&A With At Least One Guy (not me) Who Knows What The Fuck He Is Talking About

14

I asked Paige VanZant to get naked and fight Serena Williams.

15
Large's Irish Cream Revisited- Video and Full Recipe

Large's Irish Cream Revisited- Video and Full Recipe

16
Everything You Need To Know About Tonight's Tyson Fight PLUS My Jake Paul Interview

Everything You Need To Know About Tonight's Tyson Fight PLUS My Jake Paul Interview

17

A Monster And A Tank Are Fighting On Halloween- Weekend Boxing Preview Part II + Tank Davi...

18
I am legally going to enjoy an edible with Bob Arum before we fly to England.

I am legally going to enjoy an edible with Bob Arum before we fly to England.

19
I Want You Inside Of Me- Stuffed Sweet Peppers

I Want You Inside Of Me- Stuffed Sweet Peppers

20

Eye Of The Beholder

21

"Flattery Can Get You Pigeon Holed"... A Very Long and Extremely Weird Blog

22

"Sometimes the best offense is jerking off a horny hippo with your fat feet."

23

MIND YOUR BUSINESS- CrossFit Is Cancelled

24
Embracing A Close Shave On Father's Day

Embracing A Close Shave On Father's Day

25

MIND YOUR BUSINESS- The Cheat Codes For Dating