Jan 22, 2024
Welcome to episode 132 of Sports Management Podcast.
Mario Malavé is the co-founder & co-CEO of Mercury/13. He has previously founded the company Wagr and became the first company in US history to obtain a sports betting license for a social betting product. Wagr was later acquired by Yahoo Sports where Mario stayed as VP of betting. Now, he is fully focused on Mercury/13 and investments in women’s football. Mercury/13 is a multi-club ownership group focused on acquiring controlling stakes in professional women's football teams in Europe and Latin America.
Get ready to learn:
- How he Co-founded Mercury 13 with Victoire Cogevina
- How he and Victoire are Splitting the responsibilities as co-CEOs
- Mario’s favorite quote from Haley Rosen, founder of Just Women’s Sports
- Why women’s football is a great investment
- How he immigrated to US from Venezuela at age 16
- Why you don’t need a business degree to be successful in business
And much more!
WATCH ON YOUTUBE: https://youtu.be/MClE2omiHCY
Time Stamps:
00:00
Intro
02:30 Meeting Victoire
Cogevina
04:05 Mario's Background
06:18 Co-Founding Wagr
11:33 Wagr Aquired by Yahoo
Sports
13:48 Splitting Responsibilities as
Co-CEO's
17:05 Mercury/13
20:08 Choosing Clubs to Invest
In
23:42 Women's Football: Business
Opportunity
29:00 Drive & Work Ethic
31:30 Immigrating to USA at Age
16
35:12 Inspired by Pep
Guardiola
37:40 Defining Success
39:26 Bumps On The Road
42:20 Outro
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