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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    None, though he's clearly well off. Seems like he has a reasonably successful plaintiff's side litigation firm (likely the basis for this business idea); based on that I'd guess he's got a few million liquid. Very liberally I'd guess over $10M but not significantly more. Most of his overall...
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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    Sure, industries get disrupted. I'm saying based on the publicly available info I've seen, my opinion is that it is considerably more likely that this company is NOT the Uber of revenue cycle management than it is. Particularly since it does not appear to make any money yet. That said, it...
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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    The more I read about the company and what it ostensibly does, the more I am convinced it is some kind of scam. Lots of companies actually are doing this already, there's a whole ecosystem of revenue cycle management companies that work on making sure whoever was supposed to pay does pay. The...
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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    Right, and it appears that the entire company P&L is currently back of napkin. I think @Rickd is actually quoting the 2023 projected enterprise value / gross revenue number on pg. 38 of the investor presentation, which is 10.5x. A 10.5x current PE multiple implies that the company is currently...
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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    Out of curiosity, where are you getting the profitability numbers from? Their investor presentation with the SEC shows no gross or net revenue in 2021.
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    The John Ruiz family is ready to support Miami’s athletic department ‘substantially’ in the future per 247

    I'd second this call for restraint, at least as it relates to everyone's eyes popping out like the cartoon wolf at the billions Ruiz is supposedly going to be worth - and by extension, the tens or perhaps hundreds of millions UM is potentially going to receive - after the SPAC deal. When his...
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