
Parker Graham
@parkercmgraham
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Co-founder, CEO @VestibleCo // Used to be very large and play a game for a living
Joined April 2011
Building the infrastructure for this @VestibleCo đź’Ş.
Many believe high level college athletic teams/programs will eventually be spun off from schools into private entities, especially if/when the athletes are employees. This @SBJ article describes one way that could happen, in a way that’d allow investors to buy shares of teams.
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RT @collegead: News: Vestible launches regulated platform to help college athletic departments raise equity capital.
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We’re in the final stages of onboarding our first 3 schools. Public announcements coming soon. If you’re an AD, admin, or just want your program to Own It — reach out and let's build the future of college sports together 💪.
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Private equity just sees an asset. We see ownership. Our model gives control back to schools and fans— and gives each a real stake in the programs they love. This isn’t fantasy. This is finance built for the future of college sports.
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Why fans?. Because no one’s more invested — emotionally and financially in the continuation of college sports "as they were" rather than how PE would evolve them to be. We have the solution to make that happen at scale for the next 100 years and more.
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With Vestible, schools issue tradable securities backed by a % of future athletic department revenue. We built it under full SEC and FINRA compliance, meaning these aren’t tokens or hype coins. They’re regulated, revenue-generating investments.
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Schools are being asked to fund NIL, upgrade facilities, retain coaches, expand staff — and somehow do it all with flat budgets and one-time gifts. That doesn’t scale. It’s time for a new model.
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Allow me to reintroduce @VestibleCo — a platform that for the first time ever will allow college athletic departments to raise equity capital directly from their fans, donors, and alumni. No private equity. No outsiders. Just aligned, fan-powered capital for the future.
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College sports are facing a funding crisis. Private equity wants in BAD and athletic departments are trying to resist. They wont be able to for much longer. And fans? They’ve been left out in the rain with an ecosystem they don't recognize. That changes today. 🏟️👇.
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Whether or not collective bargaining becomes part of a solution, we are still staring down massive financial issues for most universities in this new landscape. How do you make any of these “solutions” financially sustainable? Only time will tell. (5/5).
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Argument AGAINST collective bargaining. 1. Do athletes even want this? - They currently benefit from antitrust law. Would this benefit them more than the ability for antitrust does?. 2. Negotiations could easily lead to player strikes… one can only imagine how ugly that would
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Argument FOR collective bargaining. 1. The more college sports push towards a pro model, the more this is needed. 2. Legitimizes contracts - making them straightforward, legally binding, and enforceable. 3. Would (in theory) reduce lawsuits. 4. Partners WITH the athletes -
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White’s collective bargaining proposal:. • Essentially creates a players union and opportunity to negotiate contracts with the athletes. • Creates a new classification for athletes as “employee-athletes” and technically keeps them as non-employees. • Keeps the sports tied
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With rev-share kicking off yesterday, the University of Tennessee’s athletic director has decided it's time to bring his collective bargaining proposal for college sports into the public light. It has sparked quite the controversy across the athletic administration ecosystem.
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It’s one big catch-22. And the exit route seems to get hazier everyday. This case will be one of many that sets a crucial precedent for where college programs go from here. (8/8)
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4) NCAA oversight limits . In professional sports, there is oversight that highly discourages teams from suing each other. The NCAA is a nonprofit that does not have the kind of control over its schools that the NFL or NBA has over their teams. (7/8)
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3) College sports ≠pro sports . How do you enforce professional expectations on a non-professional league? A league that’s actually not a league at all. Universities are educational institutions, NOT teams, which complicates this even more. (6/8)
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2) College athletes are students . Xavier Lucas, and all other college athletes, are students first. Colleges can’t block students from transferring schools. (5/8)
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1) The non-employee dilemma . College athletes are not currently classified as employees. There are no employment contracts and no union, making enforcement and legal framework very murky. (4/8)
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Fast forward to last Friday… . Wisconsin sues Miami, accusing them of tampering and interfering with a contractual relationship between Wisconsin, their NIL collective and Xavier Lucas. This case shines a direct light on massive issues with the current model…. (3/8)
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