Mark Cuban's Fireside app in talks to raise at $125M valuation | TechCrunch

Mark Cuban’s interactive platform Fireside, which helps creators reach audiences through live and virtual shows, is in talks to raise its Series A financing round and plans to make a push into web3 and metaverse, two sources familiar with the matter said. Fireside is engaging with investors to raise about $25 million at a valuation of $125 million, the sources said, requesting anonymity, as the deliberations are ongoing and private. The platform has been able to attract a number of high-profile creators, including Jay Leno, Michael Dell and screenwriter and Entourage creator Doug Ellin. The app offers creators the ability to distribute their shows everywhere (outside of the app) with the click of a button and supplies them with what it calls “sophisticated analytics” to help them understand the kind of content that is resonating well with the audiences in real time. Image Credits: Fireside The startup — founded by Cuban and Falon Fatemi, a Google alum who also co-founded customer intelligence platform Node — plans to launch NFTs and have a metaverse play this year to help creators monetize their work, the sources said. It’s also exploring undertaking a community DAO, they said. It’s also in early discussions with a…
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