Skillz CEO on Future of Esports and Taking Company Public Via SPAC

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Esports have taken off during the pandemic, even when other sports were forced to shut down.

Skillz CEO Andrew Paradise joined TheStreet to talk about his company and esports as a sector.

According to its website, Skillz is a "...platform helps developers build multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide and distributes millions in prizes each month."

So, why was now the time to start the process of going public and what's the future of esports look like? 

Paradise breaks it down further in the video above. He discussed the company's road to going public since Skillz expects to merge with Flying Eagle Acquisition Corp., which is a SPAC led by Harry Sloan and Jeff Sagansky--who helped to bring DraftKings public. 

Paradise tackled the future of esports and whether or not he thinks that esports betting is just beginning. 

Watch the full video with Paradise above for more. 

You can follow Katherine Ross on Twitter at @byKatherineRoss.

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