Jeff Lin is the co-founder of Fanchest, a Brooklyn-based startup that ships boxes of your favorite team's gear straight to your door. Fanchest has high profile investors like NFL stars Drew Brees and Von Miller.
Lin explains he and his business partner saw a shift towards curation and convenience in the e-commerce world, but before Fanchest, there was nothing like that for sports gear. Lin says Fanchest boxes start at $59 and go all the way up to $1000.
Lin reveals 75% of Fanchest buyers are women looking for that perfect gift for their significant other. Fanchest is working with over 100 vendors and has raised over $5 million in funding since 2015.
In stories sure to move markets next week, investors will be served another full plate of earnings, the July jobs report comes out, and the Summer Olympics continue in Tokyo.
Cleveland’s Major League Baseball team finally has a new moniker, the Guardians. Formerly known as the Indians, the organization made a change to the team name after years of public scrutiny and claims of appropriation of Native American culture. Cheddar’s Hena Doba and Baker Machado provide some additional details into the name change.
Here are your Need2Know stories for Tuesday June 7, 2022:
Today, voters head to the polls for primary elections in California, Iowa, Mississippi, Montana, New Jersey, New Mexico, and South Dakota.
Senator Joe Manchin said he would support raising age requirements for gun purchases to 21. Manchin told CNN he also "wouldn't have a problem looking at" a ban on AR-15 assault rifles.
Meanwhile, five players on the Tampa Bay Rays roster opted not to wear a patch added to its uniforms intended to celebrate pride month.
