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K5 Global

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business2 hours ago•3 min saved

Bezos-led consortium takes minority stake in Liverpool FC, with path to majority

A Bezos-led consortium (1892 Holdings) will buy roughly one-third of Liverpool FC from Fenway Sports Group for about $7.1 billion, with an option to become majority owner at around $8 billion within the next 12 months. Amit Bhatia becomes vice chairman and joins the club’s expanded board, while Bezos won’t sit on the board; representatives from K5 Global and Elaine Saverin will. The investment aims to support Liverpool’s long-term growth with a global, tech-enabled ownership group.

via CNBC|

#business #fenway-sports-group #jeff-bezos

business1 year ago•1 min saved

Khloé Kardashian and Kris Jenner Launch Fundraising for Startup

Khloé Kardashian and Kris Jenner are raising $10 million for a new startup called Khloud, which has already secured $4.49 million, according to an SEC filing. The company, potentially focusing on snacks and protein supplements, is led by Bryan Baum of K5 Global, with Michael Kives also involved. Kives, known for his connections in Hollywood and ties to Sam Bankman-Fried, is speculated to be steering Khloud towards a protein popcorn brand. TechCrunch has reached out for further comments.

via TechCrunch|

#business #k5-global #khloe-kardashian