MrBeast’s billion-dollar business and the real reason VCs want to invest

Jimmy Donaldson, aka MrBeast, has already given investors what they need without having to give up a return on his future work.

MrBeast (née Jimmy Donaldson), creates videos of himself counting to 100,000, tipping his pizza delivery guy a house, and burying himself alive. The No. 1 YouTube star also runs a delivery-first restaurant chain, MrBeast Burger; his Feastables line of snacks launched in January and has already amassed more than $10 million in sales; and he has a merch store. (Of course, there’s a merch store.) Donaldson told comedian Andrew Schulz earlier this fall that he turned down a billion-dollar offer for his content and related businesses. He also told Schulz that he might run for president in 20 years or so, but he’d first give away the tens of billions he expects to earn by then.

Read Full Story