Alexis Ohanian on women's soccer: 'No one was investing the dollars'
CNBC Televisionยท2025-08-08 20:45
Business Strategy & Vision - The speaker aimed to build billion-dollar companies, viewing anything less as uninteresting [1] - The speaker perceived that team owners were not treating the teams as serious businesses with the potential for billion-dollar enterprise value [2] Investment & Financials - Initial expansion fees were under $2 million [3] - An additional investment of $6-8 million could lead to significant momentum shift [3] Market Opportunity - Strong fan base existed for US women's soccer, seeking teams to support in their local markets [3]