Will MrBeast take his startups MrBeast Burger and Feastables public? – The Average Joe
Business Economy Tech Subscribe About Us

Become a better investor with our free daily newsletters

Join 250,000+ investors discovering new market trends and ideas.

    Will MrBeast take his startups MrBeast Burger and Feastables public?


    January 10, 2023

    At 24 years old, MrBeast is out here making every single one of us look bad.

    MrBeast is the biggest individual YouTube creator with 127M subscribers and is the definitive GOAT of YouTube.

    • He’s the founder of snack company Feastables, valued at $50M and his burger chain MrBeast Burger.
    • In July 2022, MrBeast Burger reached $100M in revenue across its multiple restaurants.

    Last October, he was reportedly working with investors to raise $150M, which would value it at $1.5B. If successful, he could become the first YouTuber billionaire.

    Good guy MrBeast wants to take his fans along for the ride. On Monday, He tweeted about a possible initial public offering (IPO) for both Feastables and MrBeast Burger.

    His options include taking his ventures public through an IPO and crowdfunding campaigns.

    But many are trying to convince him to stay away from the public markets — “way better to stay private and not have to deal with regulators. It isn’t worth it.”

    If he does go public, should you invest? Like when your friends ask you, “wanna hang out next Friday night,” the answer is always, “it depends.”

    Keep your options open. Gotta watch those metrics like valuations, growth, and profitability.

    Like “Meet Kevin,” who launched The Meet Kevin Pricing Power ETF (NYSE:PP), MrBeast may join a growing list of influencers expanding their empires.

    The Average Joe: An influencer picking stocks is very different from using his brand to grow his businesses — we’d pick one over the other. Can you guess which?

    Trending Posts