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🎙️12x Companies That Could Be Buyers or Sellers in NFT Sports | Pod 187

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🎙️12x Companies That Could Be Buyers or Sellers in NFT Sports | Pod 187

Disney just put the entire Metaverse on notice.

LG Doucet
Nov 28, 2022
2
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🎙️12x Companies That Could Be Buyers or Sellers in NFT Sports | Pod 187

thefirstmint.substack.com

What’s up everybody, it’s LG Doucet here.

Last week, Disney did something that put the entire Metaverse on notice.

They brought back Bob Iger as CEO, a man who led Disney through several major content acquisitions including Marvel, Lucasfilm, Pixar, and just recently 21st Century Fox.

Bob retired in 2021 but was recently asked to un-retire after Disney's Board of Directors grew unhappy with his successor, Bob Chapek.

And what did Iger get up to during his short retirement?

He invested in, and join the board of GENIES, a metaverse fashion company with avatars that look a lot like Pixar characters.

I’m not saying Disney is gonna buy Genies - actually, far from it!

Rather, I think Disney is going to invest in some web3 tech, and significantly change their PARKS experience, and potentially make changes to Disney+ (its losing money).

To try and get a sense of what might happen at Disney, I wrote an entire episode about 12x NFT Sports companies, and whether they are BUYERS or SELLERS in the space right now.

I also looked at if this is the right climate for NFT acquisitions (hint: yes), and also WHY companies are acquired.

I’m back to my “irresponsible speculation” roots in this one.

Hope you enjoy it!

Listen on Apple

Listen on Spotify


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🛍️Today’s Pod: 12x Companies That Could Be Buyers or Sellers in NFT Sports

Not a pod person? Too eager to know which companies I name in the pod, and wether they should be BUYERS or SELLERS?

Great, because I put em down on Twitter:

Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
Its never a bad time for some ACQUISITIONS Here's 12 companies that could a BUYER or SELLER in web3 x sports:
4:59 PM ∙ Nov 28, 2022
Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
12x companies on my list Draft Kings Dapper Labs Sorare Autograph Recur Nike Adidas Fan Controlled Football Ninantic Apple Amazon I forgot to dive into CANDY (sorry Candy!)
4:59 PM ∙ Nov 28, 2022
Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
Draft Kings: BUYER🛍️ Why • Leadership loves web3 • Bought 3 companies in last 5 years • They want MARKET SHARE in software/gaming Acquisition Targets • Tech/software providers (payments) • Native NFT IP x play to earn Ex: Virtual Human Studio (makers of ZED RUN)
4:59 PM ∙ Nov 28, 2022
Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
Dapper Labs: MILD BUYER🛍️ Why • No need to be aggressive buyer; they have a lot of assets • No need to sell; they should wait for the next bull run to sell (or go public) Acquisition Targets • Market share (companies w/ IP like Recur) • Tech in new business lines
4:59 PM ∙ Nov 28, 2022
Twitter avatar for @LgDoucet
LG DOUCET @LgDoucet
Sorare: SELLER👝 Why • Product is quite evolved + ready to go • Leadership is young/fresh • Already TONS of active users • Would benefit from a larger company that adds DISTRIBUTION Targeted By • Draft Kings/Fan Duel/Big Sports Books • Larger media companies (TimeWarner)
4:59 PM ∙ Nov 28, 2022

(click on any of the tweets to see the entire thread)


📺 ICYMI: Latest Pods on TFM

We’re in week 6 of the podcast revamp, and reminder that they are ALL available on iTunes and on Spotify.

⚽ How FIFA Makes $7 Billion Every World Cup
✍️ Why Tom Brady’s $200M NFT Project Is Struggling
👟 How Nike Plans To Double Revenue With NFTs
🏆 Why The Chicago Bulls Are Winning At NFTs

✨Top Hits of 2022

We’ve recorded a lot this year. Here are the top downloaded pods on TFM so far.

🔥 10 Rules for NFTs in 2022

🔥 The Blog That Blew Up NFTs | Jonathan Bales

🔥The Future of Crypto Influencers | Space Cowboy

🔥 Will Sports NFTs Survive?

🔥 The History of Crypto Winter

🔥 Crypto Portfolio 101 | Scott Melker


**This is not financial advice. Nothing in this newsletter, podcast, or publication should be considered financial or trading advice of any kind. Please do your own thorough research and make your own trading decisions. This is not advice.”


About The First Mint

A web3 sports community. Podcasts. Newsletters. Events.

We cover: Sorare, NBA Top Shot, NFL All Day, UFC Strike, MLB Candy, and more!

Tweets and Newsletters are not endorsements.


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