The company Fanatics was valued at $31 billion after a December 2022 funding round; accordingly, the company is reportedly considering selling equity to employees at a $25 billion valuation, a significant discount.
Fans' decision to stay private longer than some market observers anticipated may have contributed to the employee tender, even though the company did not specifically name it as a driving force behind its consideration of selling stock to employees.
Fans' decision to stay private longer than some market observers anticipated may have contributed to the employee tender, even though the company did not specifically name it as a driving force behind its consideration of selling stock to employees.