Celebs Invest in Turning Athletes into Stocks, Bringing Back the Wooly Mammoth
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Two tabloid-fodder investors. Two companies with $75 million in funds raised. Two unusual ideas.
The start-up world saw celebrity cash thrown at wildly different companies with wildly different ambitions Wednesday. Baseball great (or cheat, depending on who you ask) Alex Rodriguez was among backers of an effort to create a "stock market'' of pro athletes. Socialite and ever-present TMZ character Paris Hilton went in on a company that wants to bring the Wooly Mammoth back from 4,000 years of extinction.
Source Fool.com