
David Beckham-backed esports firm IPOs on London Stock Exchange
02 October, 2020LONDON — Guild Esports, a start-up backed by soccer star David Beckham, has listed on the London Stock Exchange with a valuation around £40 million ($52 million). Founded in London in September 2019, Guild is the first esports firm to go public on the LSE. It raised £20 million through the initial public offering. Guild wants to develop and manage a global esports team that can enter competitions and win prize money. Talented young gamers can earn millions of dollars a year through competitions, sponsorship deals, merchandise and events.
READ MORE