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The Joe Pomp Show
The Company Allowing Fans To Buy Stock In Their Favorite Athletes
Jul 17, 2024
Co-founders of Vestible discuss their innovative investment platform allowing fans to buy stock in athletes. They cover the idea's origin, regulation process, first offering with a Denver Broncos linebacker, profit opportunities, and plans for expansion. The concept reshapes athlete sponsorship deals and empowers fans to engage financially with athlete careers like stocks.
35:49
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Quick takeaways
- Vestible allows fans to invest in athletes' careers as if they were stocks, providing a unique opportunity for fans to earn alongside athletes.
- Vestible's business model focuses on investor demand to set athlete stock prices, creating an exciting marketplace for sports fans and investors.
Deep dives
Concept of Vestible - Investing in Athletes
Vestible, an investment platform founded by Parker Graham and Eve Batoba, allows fans to buy stock in their favorite athletes. This concept, similar to athlete stocks, allows fans to invest in athletes' careers as if they were stocks, providing an opportunity to earn money alongside the athlete's success.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode