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#132 Mario Malavé - Co-founder & Co-CEO, Mercury/13
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Welcome to episode 132 of Sports Management Podcast.
Mario Malavé is the co-founder & co-CEO of Mercury/13. He has previously founded the company Wagr and became the first company in US history to obtain a sports betting license for a social betting product. Wagr was later acquired by Yahoo Sports where Mario stayed as VP of betting. Now, he is fully focused on Mercury/13 and investments in women’s football. Mercury/13 is a multi-club ownership group focused on acquiring controlling stakes in professional women's football teams in Europe and Latin America.
Get ready to learn:
- How he Co-founded Mercury 13 with Victoire Cogevina
- How he and Victoire are Splitting the responsibilities as co-CEOs
- Mario’s favorite quote from Haley Rosen, founder of Just Women’s Sports
- Why women’s football is a great investment
- How he immigrated to US from Venezuela at age 16
- Why you don’t need a business degree to be successful in business
And much more!
WATCH ON YOUTUBE: https://youtu.be/MClE2omiHCY
Time Stamps:
00:00 Intro 02:30 Meeting Victoire Cogevina 04:05 Mario's Background 06:18 Co-Founding Wagr 11:33 Wagr Aquired by Yahoo Sports 13:48 Splitting Responsibilities as Co-CEO's 17:05 Mercury/13 20:08 Choosing Clubs to Invest In 23:42 Women's Football: Business Opportunity 29:00 Drive & Work Ethic 31:30 Immigrating to USA at Age 16 35:12 Inspired by Pep Guardiola 37:40 Defining Success 39:26 Bumps On The Road 42:20 Outro
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