How Dave Portnoy bought back his $840M company for just $1

How Dave Portnoy bought back his $840M company for just $1

Author: Equity Mates Media August 20, 2023 Duration: 14:54
The Dive | Business News
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You may have recently seen the headlines that the founder of Barstool Sports recently bought his media company back for $1 after selling it for $840 million. That sounds like a pretty good deal… We knew there was more of a story there. 


Today, Sascha is joined by Equity Mates colleague Alf Eddy to discuss how Dave Portnoy regained control of the massive media empire BarStool Sports all for a tiny piece of change.


Want more Equity Mates? Click here. 


In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

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Ever feel like the business headlines are speaking a different language? The Dive | Business News cuts through the noise without the dry, technical jargon that can make finance feel inaccessible. Host Sascha Kelly and her colleagues at Equity Mates Media take a single, pressing question sparked by the day’s events and explore it with a conversational, thoughtful approach. They pull back the curtain on how market movements, corporate decisions, and economic shifts actually connect to everyday life. What you’ll find in this daily podcast is a genuine discussion that places each story into a broader context, making sense of complex topics in a way that’s both engaging and substantive. It’s business news that remembers there are real people behind the charts and data. Tune in for clear-eyed analysis that doesn’t take itself too seriously, delivered in a format designed to fit into your routine, whether you’re commuting or just need a break from the scroll. This is a show for anyone curious about the forces shaping our world, who prefers explanation over exclusion.
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