UFC: Jake Paul hits personal milestone as Betr crosses $300 million valuation

Jake Paul, a former social media sensation who is now a household name in UFC, has had quite the ride. 'The Problem Child' has amassed quite a reputation for himself, starting with creating short-form material on Vine, progressing to being one of the most well-known YouTubers, and then switching to boxing. The native of Ohio has more than 23 million Instagram followers and has amassed almost 20 million YouTube subscribers. Paul has gained the respect of previous UFC champions when discussing his boxing career. In his seven fights, he has only lost once.

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However, Paul doesn't limit himself to just creating content and engaging in combat. It's interesting to note that he is also a successful businessman. And "Betr," one of his more recent endeavours, is on the verge of becoming a unicorn. In August of last year, "The Problem Child" officially started his sports betting business, "Betr." After collecting $35 million recently in an investor round, the company has raised its valuation to $300 million in just under a year.

Jake Paul is all set to make his debut in a 10-round fight vs Nate Diaz

Although the business was started as a partnership between Jake Paul and ‘betting’ Joey Levy, it is a significant achievement for a brand-new company. It's important to remember that "Betr" is more than simply your standard sports betting website. Instead, it allows users to micro-bet, allowing them to wager on predicting the outcome of every play during the athletic event. The portal currently provides services for sports including MLB, NBA, NFL, and College Football.

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'The Problem Child' is about to make his boxing comeback for a fresh challenge as he makes significant strides in business. He faces an intriguing former UFC fighter as his next opponent. Jake Paul has garnered a lot of attention with his choice of boxing opponent ever since turning pro in 2020. The fighter from Ohio recently suffered a defeat at the hands of Tommy Fury. Even yet, considering that he only started fighting three years ago, his record is excellent. Currently, Jake Paul and Nate Diaz are scheduled to square off in August. It's interesting to note that this battle will mark 'The Problem Child's' debut in a 10-round fight.