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ProTrade, a San Mateo start-up that just raised $10 million, lets you stock in athletes.
Alarm:Clock has a good summary of the company:
If you are not familiar with it, the company has developed a stock market for athletes. Teams are known as investment portfolios and the real-life athletes get their own ticker symbols. Manning’s symbol is PMANN. Traders will be allowed to create their own competitive leagues and set their own entry fees, with a $5 minimum per entrant.
…Granted, Protrade is nothing new. Its the same idea as the Hollywood Stock Exchange. But still, we like their style…
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Click on this profile to enlarge to see Peyton Manning’s “stock.”
