Fantex, a brokerage that allows fans to buy and sell shares in future earnings of athletes it has bought a stake in, is now seeking approval from the Securities and Exchange Commission for the opportunity to sell a portfolio of athletes under a single symbol on a national stock exchange for the first time. Vernon […]
This is an op-ed guest post written by Mike Kwatinetz, Founding General Partner at Azure Capital Partners, a leading venture capital firm, where he makes a statistical case for the Golden State Warriors’ Steph Curry to win the NBA MVP Award as well as the possibility that an athlete can reach a $1 billion in […]
Fantex CEO Buck French (AP Photo/Marcio Jose Sanchez)
Every once in a while an idea comes along that makes us scratch our heads… we ask, “Should this exist?”
Buck French, Co-Founder and Chief Executive Officer of Fantex, the only brokerage for stock linked to a pro athlete’s brand, seeks to explain what exactly him and his team are up to and help us all understand how a radical new idea can become a success.
Entrepreneurs from all over the world have hopes and dreams of one day of developing a product that can eventually be bought by one of the big investors in their industry.
The problem is that the large majority of these individuals aren’t able to show their ideas and products to investors and often times make critical mistakes that perhaps could have been avoided with the proper professional advice.
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Arian Foster already paved the way as Fantex’s first client to sell himself on an open market, but now a second NFL Pro Bowler has decided to do the same. San Francisco 49ers’ Tight End Vernon Davis will now be on the market the San Francisco based company announced yesterday. FanTex will also hit the road now in a former Madden Crusier to promote the IPO that will make it’s way all over the country.
Fantex, Inc. launched its first IPO Road Show aimed at individuals across the country interested in investing tracking stocks linked to the value and performance of an athlete’s brand.
