In an interview during Yahoo Finance’s “Live” broadcast, CEO Michael Schwimer spoke to the media outlet about the predictive models our company uses to “forecast a player’s future valuation.” Schwimer discussed how the company’s bet on Fernando Tatis Jr. “generated a sizable return” for the company.
“At the time we invested in him, our models had him as the second best player we have seen in the minor leagues in the last 15 years. He wasn’t a top 50 [MLB] prospect,” Schwimer told Yahoo Finance. “No major league team was predicting this. No one had any idea who he was… But we trusted the numbers, we trusted the process, and it certainly worked out for us.”
Read and/or watch Schwimer’s full interview with Yahoo here.