I just bought some shares in Enhanced Games.
Here is my thinking.
- The valuation crashed from $1bn to $250mn.
- The market was disappointed that records weren’t broken and that no big names in their prime were there.
- What most people miss is that it was the first event and no one knew them before. Most athletes weren’t given enough time
to train up!
Most people didn’t even believe they would pull it off.
- Now the Enhanced games is on the map. They pulled of a relatively successful inaugural event and they have ownership of the concept.
- The idea of athletics being “legally” able to enhance their performance is going to be a playground for Pharma and Bio.
At $250 I’m willing to take my chances.