RE:RE:RE:RE:Bleacher ReportThis is a fun one to watch and analyze. I agree that Levy has a proven history of knowing when it’s time to sell. But, on the other hand, he also seems sincere in wanting to develop this one. A few tech venture capitalists involved now, seems to me they will also influence a sale if competition looks too fierce and expensive.
One thing I wonder with the concept of say a Bleacher Report buying SCR would be to wonder if they are actually acquiring new users or are they just doubling down on the users they already have? Ie, do sports app users use multiple apps or just rely on one?
The esports property has nice growth and gives Levy the opportunity to do exactly what he did with theScore channel. He could sell the main sports app and the gambling site while holding onto the esports space as a new pet project for growth.