MrBeast's videos are losing money, but his consumer brand could be worth billions

MrBeast's videos are losing money, but his consumer brand could be worth billions

The scoop comes from an investor pitch deck obtained by The Verge, which reveals that Jimmy Donaldson (MrBeast) is seeking to raise $200 million from investors for his company, Beast Industries. This funding round could elevate the company to a staggering valuation of over $5 billion.Read Entire Article

Inside the high-wire business of MrBeast

The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire.  For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor pitch deck I’ve obtained gives an unprecedented look at the fast-growing, money-losing business of MrBeast and his fut…

How Formula E got MrBeast and what happens next

Formula E has been motorsport's hidden gem; its concealed secret; its sparky enfant terrible for so long that status all started to feel quite normal.Like a future pop megastar stuck in a backing band, it couldn’t find its true limelight. But then, just as some started to lose faith, one of the world’s most recognised social media stars sauntered into the Miami paddock on Wednesday and perhaps some of that congestion will now start to shift.Let’…

Inside the business of MrBeast

Source: The Verge The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire. For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor pitch deck I’ve obtained gives an unprecedented look at the fast-growing, money-losing business of Mr…