Topgolf's decline explained with visuals from @shaneohgolfs
The speaker discusses Topgolf's rise and fall, highlighting its acquisition by Callaway and subsequent decline in value. He uses graphs and news articles to support his analysis, concluding that Callaway invested in a trend rather than a sustainable business. He asks for viewers' thoughts on the matter.
Creator: @shaneohgolfs on Instagram
Transcript
Topgolf has experienced the worst fall off we've ever seen in the sports industry. A company that was so great for the game of good. They put a modern twist on the everyday driving range with new technology, a place to hang out with friends, eat, drink. It was so valuable to the game. So much so that Callaway, one of the world's largest golf brands, acquired Topgolf in 2020 for $2,000,000,000, billion with a b. Topgolf grew rapidly. They started in The United Kingdom in the year 2000 and today h
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