Cameo Collapse Explained: From a Billion Dollar Idea to Falling 90% in Valuation

In this video, Patrick Bet-David explains the fatal flaw in Cameo's business model that led to a 90% drop in value. Learn from their mistakes to avoid similar pitfalls in your own business strategy.

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

[nicolasbenson]

I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better

[kortyEdna]

The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[javiersp]

First 10 minutes are informative, last 2 are just an advertisement

[shaunkellison]

FACT: Nobody is going to pay a washed up Star Trek actor for a cameo when they can just talk crap to them on Twitter for $10 a month

[codycast]

0:10 ”everyone’s talking about it”

Me, never having heard of it…

[perlitalaguna]

It failed bc we are moving away from celebrity worship. If anyone in my family wanted to send me a birthday greeting...sending me a celebrity video would have me saying: why though? Ya could've just taken me to the Pancake Factory😢....

[eduardoluevano]

Who cares about celebrities, take me to a nice birthday dinner.

[Louisbrus]

As a newbie that wants to invest, you must have these three things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advisor.

[mballer]

Wow, an infomercial, I didn't see it coming,

[rpm]

A business like Cameo should just be 3 guys, no expenses, all revenue is profit. Not 400 staff and $100M funding.

[karantov]

I knew it! This was a Minect commercial!

Though Cameo is alway a 100 hundred million dollar company. Covid artificially inflated a good idea.

[theylied]

Mr. NBA himself Jerry West. For the few who don't know, Jerry West is the official silhouette of the NBA. Other than Chuck Talyor and Micheal Jordan, the Jerry West image is the most recognized image/trademark associated with the NBA.

[Thiernodjo]

as soon I saw the title I knew this would be about promoting Minect

[matthewghardy]

This is an investor pitch for Minnect. And a good one.

[tomsmith]

Thing is you don’t buy anything twice for the same person as a present so that doesn’t necessarily make cameo uniquely flawed

[adamross]

This is why Pat is a great salesman. The transition from cameo to minect was smooth and well crafted.

[RME]

This business is kind of like those little cakes that you can order where butterflies fly out and candy pours out. You buy it once and you realize it really wasn’t worth the money.

[holdupwaitaminute.]

I didn’t know this video was an AD 😂😂😂

[JohnMcclaned]

Lmao this is an ad. He used semrush to try prove that no one is going on cameo in order to plug his "speak with tate" app.

[luweybeatz]

Smart for PBD to study this because it's similar to Minnect