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Alex Rodriguez Goes From MLB Star To Space Investor With New SPAC Deal
Monday, December 18, 2023 - 2:35pm | 840Across 22 years in Major League Baseball, Alex Rodriguez was one of the most prominent hitters from the mid-1990s to mid-2010s. After retiring from baseball, Rodriguez has found success with sports investments and launched a SPAC (special purpose acquisition company) in 2021 to tackle additional...
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Warren Buffett's Crucial Investment Lessons To Alex Rodriguez After Signing Record MLB Deal
Friday, July 7, 2023 - 11:10am | 832One of the biggest Major League Baseball stars of the last 30 years was Alex Rodriguez. After a 22-year baseball career, Rodriguez is now an MLB studio analyst, NBA team owner, and the co-founder of sports betting and fan experience company Mojo. During his MLB career, Rodriguez got advice from one...
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EXCLUSIVE: Kevin Durant, Alex Rodriguez Backed Tracer Lands New Investors, Announces First President For 'Next Level Of Growth And Success'
Wednesday, June 14, 2023 - 9:01am | 1108Data intelligence platform Tracer announced a new president to lead the company and a funding round to power the company’s growth. Here are the key details. What Happened: Tracer announced Obele Brown-West has been appointed as the first president of the company. The company also announced a...
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EXCLUSIVE: Mojo Plans To Offer 'A Next Level Fan Experience' In New States
Wednesday, May 24, 2023 - 5:01pm | 780When sportsbook Mojo first launched last September with $100 million in venture capital backing, it proclaimed itself as an athlete "stock market." In other words, users frequent the app to gamble on a player's performance, whether it be in one game, an entire season, or the...
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Benzinga Names MOJO A 'Challenger' Award Recipient At Inaugural Titans Sports Betting Event
Wednesday, May 24, 2023 - 4:04pm | 227A leading fantasy sports and sports betting company has been honored with the "Challenger" award from Benzinga at the first Titans Sports Betting conference. What's A Challenger?: The Challenger Award is reserved for innovators and upstarts disrupting the industry of sports betting. A jury...
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Alex Rodriguez And Bill Gates Just Made Real Estate A Higher Percentage In Their Portfolios — Here's How You Can, Too
Thursday, April 20, 2023 - 11:38am | 705Celebrities and high-profile investors have turned to real estate as a vehicle for long-term appreciation and market-hedging diversification. In recent years, business magnate Bill Gates, the world’s fifth-wealthiest person, increased his investments in the historically stable asset...
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Celebrity Climate Culprits: What Elon Musk, Steven Spielberg, Kylie Jenner And Others Have In Common
Monday, August 22, 2022 - 2:02pm | 1054A few years ago, Elon Musk told Rolling Stone, “Climate change is the biggest threat that humanity faces this century," touting his electric vehicle company, Tesla Inc. (NASDAQ: TSLA), as a step toward sustainability. But after taking a look at his private jet-flying habits via @...
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Hoping To Be An MLB Draftee? Look To The Likes Of A-Rod And Realize That Baseball Is 'Not The Entire Journey'
Sunday, July 17, 2022 - 11:47am | 820Unlike in other sports, a popular requisite for major league baseball players is minor league or college experience. Notwithstanding, among those players that have made it to the collegiate level, the odds of playing professionally are narrow. In fact, the figure is below 20% with first-round draft...
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Toronto Blue Jays, Denver Broncos And More Sports Teams Could Be For Sale: Will A SPAC Land A Deal?
Friday, December 3, 2021 - 4:55pm | 1226Ownership of sports teams has often been limited to the wealthy or family members who inherited the team. A handful of sports teams are publicly traded, offering investors the opportunity to buy shares in the company. A handful of sales have happened across the four major U.S. sports over the last...
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Gronk Spike: Hims & Hers Signs Rob Gronkowski To Partnership
Tuesday, September 7, 2021 - 5:14pm | 457One of the most well-known NFL players is partnering with a health care company to bring awareness to men’s health issues and treatment. What Happened: Tampa Bay Buccaneers tight end Rob Gronkowski has signed a partnership with Hims & Hers Health Inc (NYSE: HIMS). The partnership will see...
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Trading Card Company Panini In Talks With Alex Rodriguez-Led SPAC: What Investors Should Know
Thursday, July 15, 2021 - 2:36am | 550If you collect trading cards or World Cup stickers, chances are you’ve heard of the 60-year-old Italian company Panini. Rival Topps announced a SPAC deal earlier this year, and Panini could also be taking the same route to go public. What Happened: Panini is in talks to go public...
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Hims & Hers Lands Miley Cyrus: Could The Stock Be A Party In The USA?
Monday, June 14, 2021 - 8:40am | 418A telehealth and health and wellness company that recently went public announced a new deal with platinum artist Miley Cyrus. What Happened: Miley Cyrus is joining as a creative advisor for Hims & Hers Health (NYSE: HIMS). In the role, Cyrus will collaborate with the company to create a new...
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PayPal-, Celebrity-Backed Investing App Acorns Announces SPAC Deal: What Investors Should Know
Thursday, May 27, 2021 - 9:18am | 534The savings and investing app Acorns Group is going public in a SPAC deal announced Thursday morning. The SPAC Deal: Acorns is merging with Pioneer Merger Corp (NASDAQ: PACX) in a deal valuing the company at a $2.2 billion equity value. The deal includes an oversubscribed and upsized PIPE. The...
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Alex Rodriguez, Marc Lore To Buy Minnesota Timberwolves For $1.5B; Could It Be A SPAC Deal?
Monday, April 12, 2021 - 6:10pm | 576One of baseball's greatest players and a retail leader are teaming up on a bid for a professional sports team. What Happened: 14-time MLB All-Star Alex Rodriguez is teaming up with Marc Lore in an attempt to buy the NBA’s Minnesota Timberwolves. Lore was the founder of Quidsi, which was...
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Fintech Focus For February 5, 2021
Thursday, February 4, 2021 - 6:53pm | 2031Quote To Start The Day: Robinhood Markets, GameStop Corp. and hedge funds are all on the wish list that House Financial Services Committee Chair Maxine Waters is assembling for a hearing that will dig into the Reddit-fueled stock trading that has shocked Wall Street and lawmakers. “I’m...