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NFL's Bobby Wagner Becomes Equity Holder In Investment Platform Said To Be Valued At $1.2B

Seattle Seahawks linebacker Bobby Wagner revealed an exciting opportunity for fans to tap into the stock market on Wednesday. CNBC reported the National Football League (NFL) player has become an equity holder in Public.com, a social investing platform that allows individuals to invest in companies commission-free. In addition, Public promotes financial literacy by allowing users to follow domain authorities and familiar investors. Since the company’s inception in 2019, it has raised $310 million from investors including Accel, Greycroft, and high-profile celebrities like Will Smith and J.J Smith. While the terms of the linebacker’s agreement have not yet been disclosed, he did share the incentive for the recent venture. “I want people to understand how money works and how people invest,” Wagner stated in an interview with CNBC on Tuesday. “You can have conversations with people to get their thoughts on why they are investing in certain things.” The social investment platform —...

Samantha Dorisca

Sep 16, 2021