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BLK / Michael Rubin's Fanatics worth US$27bn as BlackRock and Fidelity invest

Michael Rubin's Fanatics worth US$27bn as BlackRock and Fidelity invest
Michael Rubin's Fanatics, which is an American online sports retailer, was valued at US$27bn on Wednesday following a successful US$1.5bn funding round. The company, which was valued at US$18bn under a year ago, benefitted from new investors Fidelity, BlackRock Inc (NYSE:BLK), and MSD Partners in its latest round, according to the Wall Street Journal. Read More
Posted: Mar 3 2022, 07:46
Author Name: Proactive Investors
Views: 092174

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