RE: DB Ventures sold2 Jan 2022 13:32
It’s more of, the company which isn’t fully owned by Beckham, has a new partner with a majority stake.
I’d guess, the shareholders have got great value for not only selling 55% of their shares, but also belief in further growth of the 45%.
I’d guess, they are buying it for brand beckham and want to leverage his name.
The downside is, DV ventures may have been interested in CG (hence 5% ownership), but does the new Majority shareholder feel the same.
I’d actually guess this means he won’t be involved and they will divest their shareholdings in CBX