This means they will be pitched tons of unique ideas like any other ultra high net worth individual and it is likely that celebrities were not the only rich clients targeted and the entertainment nature of the investment enticed celebrities as well. These small investors probably sign away their voting rights or are given shares that have been stripped of voting rights. In doing this they sell shares to the public in return for capital money.
During an IPO a company must say what they are going to do with the funds raised. Silver Lake has also expressed intent to use WME as an investment vehicle for entertainment related technology. Companies like Google and Facebook use this to keep founders in control. An IPO in the billions would not be unlikely in my opinion. Now it has acquired a whale of an entertainment company in the UFC along with quickly growing e-sports leagues and other entertainment properties and it is of my opinion these will be the portion of WME that are most likely to go public and save WME from its debt issues.
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