Video exclusive: Betfair co-founder Andrew Black on an IPO
In a revealing interview Betfair's co-founder Andrew Black talked to eGaming Review about the company's much-mooted public market listing. Watch it here to find out how it'll affect him personally, his fears for the business and his take on what investors want.
IN this exclusive video interview with Betfair co-founder Andrew Black he reveals what a public market flotation of the business would mean to him personally, the effect an IPO would have on the psychology of the company, and the market opportunities it will enable.
He also talks about the pressures backers are exerting to realise returns on their investments, and how he’s already spending the money he’s taken off the table in the past. But was he prepared to commit to a timing for the event?
Tomorrow Black looks back on the growth of Betfair, including the guerrilla marketing campaign that put it on the map, its merger with Flutter.com, and what he thinks of the chances of successful consolidation in the sector now.