James Reid says he lost about P150 million after a business venture “went horribly wrong,” and he credits his partner Issa Pressman with helping him get through the setback. In interviews, Reid looks back on personal and financial challenges that affected him, including issues involving a business partner. While he does not fully detail the circumstances, he says he had a business partner and that events did not go as planned, leading to significant losses. Reid also discusses how he copes with life setbacks, mentioning Issa as a “compass” and emphasizing her presence during the difficult period. Reporting across outlets indicates that Pressman is portrayed as a source of support during the time Reid faced financial trouble. The accounts do not provide additional business specifics such as the company name, the partner’s identity, or the timeline of the loss. The focus remains on Reid’s acknowledgment of the reported P150 million loss and his attribution of emotional guidance and steadiness to Pressman as he moves forward.