YouTube (GOOGL) star MrBeast is looking to raise a couple hundred million dollars to expand his business in a funding round that would value his company at about $5B, Bloomberg’s Lucas Shaw reports, citing people familiar with the matter. The most popular creator on YouTube has spoken with several financial firms and wealthy individuals about investing, said the people. Talks are still in their early stages and it’s not yet clear who will invest or if they will do so at the target price. Publicly traded social media companies include Meta Platforms (META), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
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