Miami Marlins Lawyer Bolts to Join Sports Betting Startup Betr

Miami Marlins Lawyer Bolts to Join Sports Betting Startup Betr

Article brief provided by Bloomberg Law
  • Brian Baxter, Bloomberg Law
August 19, 2022 6:50 PM
  • Brian Baxter, Bloomberg Law

    Betr, a sports betting startup backed by social media star Jake Paul, has hired Miami Marlins general counsel Ashwin Krishnan as head of legal.

    Krishnan, who worked for the Marlins since 2010, became general counsel in 2017 after the franchise was sold for $1.2 billion to an investor group led by venture capitalist Bruce Sherman and former New York Yankees star Derek Jeter, who stepped down as chief executive officer for the Marlins in February.

    Krishnan’s switch to Betr comes after the micro-betting company announced a $50 million Series A fundraising round led by Aliya Capital Partners, Florida Funders, and Fuel Venture Capital. He started Aug. 1, a Betr spokesman said.