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IPO Of Sports Data Giant Sportradar Likely To Mint New Billionaire – Forbes



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Conservatively, Sportradar founder and CEO Carsten Koerl’s 31.8% stake could be worth roughly $2.3 billion, Forbes estimates
Sportradar

Sportradar has priced its IPO, giving the company a $7.4 billion valuation at the low end; that would make founder and CEO Carsten Koerl a multibillionaire.

It’s been a tumultuous 18 months for sports data company Sportradar Group AG. Not only was its business threatened by a global pandemic that ground the sports world to a halt, but a proposed $10 billion SPAC deal to take the company public fell through—all while rival Genius Sports lured away the NFL as a partner. Now, as …

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