Californian company will offer shares tracking athletes
- 5 years ago
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Californian start-up Fantex is offering investors a unique form of public equity - shares that track the performance of star athletes. This week the company announced a deal with its second athlete, Vernon Davis, a tight end for the San Francisco 49ers. The FT's US markets reporter Arash Massoudi speaks with Lex writer Sujeet Indap about this unique development in capital markets
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Californian start-up Fantex is offering investors a unique form of public equity - shares that track the performance of star athletes. This week the company announced a deal with its second athlete, Vernon Davis, a tight end for the San Francisco 49ers. The FT's US markets reporter Arash Massoudi speaks with Lex writer Sujeet Indap about this unique development in capital markets
\For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes