We're going into sports betting, trading cards, and ticketing. People say we're spreading too thin. I say we're the only company that has a direct relationship with every fan. That's the platform.
I dropped out of high school to start a business. Then I went bankrupt at 21. Then I built a $31 billion company. The dropout part is not the lesson. The bankruptcy part is.
We don't just sell jerseys. We own the entire chain — the league license, the manufacturing, the website, the delivery. Nobody else in sports has that. Nobody.
When a player gets traded, we can have a jersey with the new team on sale within minutes. Traditional retail takes months. Minutes versus months. That's the business.
Jay-Z, Meek Mill, and I throw a Super Bowl party every year. People think it's just a party. It's actually the most efficient networking event in sports business. Every deal I've done in five years started at that party.
I owned GSI Commerce. Sold it to eBay for $2.4 billion. Kept Fanatics because I thought it could be bigger. eBay got $2.4 billion. I got $31 billion. Best negotiation of my life.