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BIG MONEY! 🤑 A YouTube golf channel based in North Texas just got a round of $45 million in funding from a group of investors that includes NFL Hall of Fame quarterback Peyton Manning. https://t.co/cdniqXUWlX
Total payout cost: $12 million for 1,200 golfers over 30 years. Estimated revenue: $20 million over 30 years ($666,667/year). Estimated profit margin: ~10%, after accounting for $6 million in operating costs and $12 million in payouts. https://t.co/HTfWkRrj0w
Good Good Golf, a media startup with over 1.75 million YouTube subscribers, has secured a $45 million investment led by Creator Sports Capital. The funding round includes participation from notable investors such as Peyton Manning's Omaha Productions and more than 50 other investors. This investment comes amid a growing trend in the sports apparel and content creation sectors, as evidenced by a similar funding announcement from Greyson Clothiers, which raised $20 million six weeks prior. The influx of capital highlights the increasing recognition and financial backing for golf content creators and influencers in the digital space.