_meet-the-guy-who-raised-over-36100-million-to-race-drones.jpg "Meet The Guy Who Raised Over $100 Million To Race Drones from weber stephen products ceo Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 24:34
👁 View: 3M times
✓ Published: 27-Apr-2024
👁 View: 3M times
✓ Published: 27-Apr-2024
Description:
Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_weber-ceo-shares-how-the-grill-maker39s-new-product-is-a-post-pandemic-play.webp "CNBC Television")
⏲ 2 minutes 24 seconds 👁 1.3K
_39delusional-at-best-and-ideological-at-worst39-adl-ceo-blasts-media-coverage-of-columbia-protests.webp "On \")
⏲ 2:13 👁 9.4M
_weber-ceo-details-39huge-competitive-advantage39-for-grill-brand-with-u-s-production.webp "Yahoo Finance")
⏲ 7 minutes 41 seconds 👁 457
_how-our-weber-grills-are-made-124-weber-grills.webp "Weber Asia")
_how-to-turn-you-weber-into-a-griddle.webp "Charles Coushaine")
_the-snake-method-in-a-weber-grill-charcoal-bbq-kettle-tutorial-low-and-slow-technique.webp "Aussie Griller")
⏲ 3 minutes 9 seconds 👁 564.2K
_single-adults-need-income-of-31536-to-cover-essential-outgoings-study-says.webp "Adults living alone believe they need an annual income of at least £31,536 to cover their outgoings and still afford essentials such as food, clothes and hygiene products.<br/><br/>But with the UK’s average salary of £29,669 somewhat short of this, many feel they are being pushed ever closer to hygiene poverty.<br/><br/>The scale of the current cost of living crisis has been illustrated after a survey of 2,000 adults found one in four people living alone are struggling with the current financial crisis.<br/><br/>As a result, 56 per cent of those have had to make difficult decisions, such as whether to pay their rent over buying food or hygiene items.<br/><br/>And 52 per cent of that same demographic have had to stop socialising, while 14 per cent have even gone without everyday items like toilet roll or period products.<br/><br/>The research was commissioned by hygiene and health company Essity, in partnership with Unilever, Haleon, Kimberly Clark and Edgewell, to launch a Tesco in-store promotion throughout April and May, where customers buy two products and a hygiene product will be donated to charity In Kind Direct.<br/><br/>Rosanne Gray, CEO of In Kind Direct, said: ''Many people experiencing hygiene poverty face the impossible decision to heat, eat or keep clean on a daily basis, and unfortunately more and more people are being pushed into this position.<br/> <br/>“We know hygiene poverty disproportionately affects those already struggling, but the research shows that financial difficulties are now impacting everyone.”")
_how-to-barbecue-how-to-use-a-chimney-starter.webp "TheRealCreophus")
_weber-ceo-shares-how-the-grill-maker39s-new-product-is-a-post-pandemic-play.jpg)
_39delusional-at-best-and-ideological-at-worst39-adl-ceo-blasts-media-coverage-of-columbia-protests.jpg)
_weber-ceo-details-39huge-competitive-advantage39-for-grill-brand-with-u-s-production.jpg)
_how-our-weber-grills-are-made-124-weber-grills.jpg)
_how-to-turn-you-weber-into-a-griddle.jpg)
_the-snake-method-in-a-weber-grill-charcoal-bbq-kettle-tutorial-low-and-slow-technique.jpg)
_single-adults-need-income-of-31536-to-cover-essential-outgoings-study-says.jpg)
_how-to-barbecue-how-to-use-a-chimney-starter.jpg)
![[+]](/images/menu.gif){kind=small}