Tiger Woods launches “TGR” company

Tiger Woods’ launch of “TGR,’’ an umbrella company for his business and philanthropic interests, sparking more speculation that Eldrick is considering buying TaylorMade Golf, or at least being a partner in the purchase.

tigercoBut why would a fledgling company want to get involved – for big bucks or little bucks – in a company that 1) has been on the market for than one year 2) has lost nearly $1B in sales the past three years 3) isn’t likely to deliver anything better than low single-digit growth in an industry that is struggling to deliver any growth?

This is the golf industry, however, check your business sense at the door.

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