“This is gonna be a billion-dollar company. I know it. I feel it.”
That is Jake Paul claiming that his new firm “Betr” is planning to turn sports media and betting world on its head.
The business aims at one day being valued at least 10 figures.
Jake Paul and his partner Joey Levy spoke to media and revealed details about the new company.
“We announce our new company Betr which has two parts. One is sports betting and online casino and the other is a media content factory. We plan on taking over the sports world and changing it forever. Bringing new sports content,” Jake Paul told media.
Levy revealed that Betr will focus on what is known as “micro bets” … which allows those betting to put money down on wagers during a game.
“We kind of view micro betting as the TikTok-ification of sports betting, and kind of like the final level of introducing instant gratification to the sports betting experience.”
Jake Paul will also have a show as part of the business.
“We already got some big guests lined up for the next couple of weeks. Anyone from the heavyweight champions of the world in boxing to rappers. I’m bringing everyone on the show to talk about sports,” Paul told media.
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“I don’t wanna do the long drawn-out sports show. I want it to be quick, easily digestible, you know, 20, 30, 40 minutes, and just fun. A fun sports show.”
Paul stated that his show will not be business as usual. It shall be very different from any sports show seen in the past.
“These sports show hosts are stuck in their set, they can’t get drunk and talk about sports, they can’t curse even. How you supposed to talk sports without cursing? So that’s where we’re really changing the game.”
Betr has already raised $50 million capital with some big celebrities committing their money to this investment.
“This is, I think, my biggest undertaking yet. My biggest project yet and we got a fantastic team and Joey’s an amazing CEO so the sky’s the limit here.
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