"YouTuber MrBeast said in a deposition last November that he owned "a little over half" of his company, which was valued at roughly $5 billion in its most recent funding round. By that math, the value of his ownership stake would have topped $2.5 billion. Beast Industries sought to raise up to an additional $200 million this year, according to investor materials viewed by Business Insider, as an extension to its $300 million Series C round referenced in the deposition."
"Feastables, however, was profitable, Donaldson said in the 2024 deposition, which he attributed to the product's quality. "I just obsess over the product and make sure the product's really high-quality," he said in the deposition. "We're launching in the right places, and we're doing things that delight and make our customers happy." The MrBeast team, which comprises around 450 staff members, has been bolstering its..."
MrBeast owned a little over half of Beast Industries when the company was valued at roughly $5 billion, implying his stake exceeded $2.5 billion. Beast Industries pursued up to an additional $200 million as an extension of a $300 million Series C, which could dilute that ownership. The company runs a content studio, Feastables chocolate bars, analytics firm Viewstats, and other ventures including fintech and wireless concepts. Beast Industries generated over $400 million in revenue last year but was not profitable due to high media costs. Feastables was profitable and credited to high product quality and effective launches. The team numbers about 450 staff members.
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