Albert Chen on "Billion Dollar Fantasy"


Manage episode 243537531 series 1274618
By Andy Baldacci. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Today, I’m talking with Albert Chen, a staff writer at Sports Illustrated and the author of Billion Dollar Fantasy: The high-stakes game between FanDuel and DraftKings that upended sports in America. Albert isn’t a founder and frankly, the story of two companies that raised a combined $1.1 billion dollars probably isn’t that applicable to your business, at least not directly. That being said, it’s an incredible story and as a former professional poker player who now operates a SaaS company in the daily fantasy sports space, I thought this would be a great opportunity to share a bit more of that world with you. In our chat, we walk through the major events leading up to an advertising war where both companies spent a combined $750 million dollars in a single year, dig into the cautionary tale of FanDuel’s acquisition where the founders got nothing, and talk about what’s to come as the US opens the way for legal sports betting. Whether you have an ounce of interest in sports or not, you’re going to enjoy this conversation. So without further adieu, here’s Albert Chen, the author of Billion Dollar Fantasy!

127 episodes