Why yes, it’s yet another story involving Jake Paul and the UFC, but this time it’s a little different.
Paul and his business partner Geoffrey Woo announced on social media on Tuesday that he’s invested in Endeavor, the UFC’s parent company.
I’ve invested in EDR (UFC) stock with my partner @geoffreywoo 2 focus on UFCs ESG standards relating to fighters. We believe EDR can drive long-term economic value by increasing UFC fighter pay & providing them healthcare. Reaching out to @EngineNo_1 to partner on this “endeavor”
— Jake Paul (@jakepaul) January 25, 2022
Jake Paul, our partners, and I are excited to announce our latest @antifundvc investment — Endeavor (NYSE: EDR), the parent company of the Ultimate Fighting Championship (@UFC) — and our goals for the business as impact investors & venture capitalists.