Talk:Michael Rubin (businessman)

Copy and paste

I've noticed that a lot of the first few paragraphs is quoted verbatim from the fanatics website https://www.fanaticsinc.com/michael-rubin K9doggy (talk) 16:12, 7 September 2023 (UTC)

Rubin's fear of taxation

Does Rubin's fear of taxation come from a fear of his assets and company being discovered as not actually valued properly? Why would he chose to enter into the present conversation about taxing the the wealthy? Taxing has always existed in the US to pay for the society we live in. Why would he fear taxing? Is some funky accounting going on in his business?

203.131.210.82 (talk) 04:59, 10 January 2020 (UTC)

References

Edits & Updates for Michael G. Rubin

Hi Editors, I have COI and can’t edit this page, but lots of things here are out of date. Can you help me edit them?

• In the lede, change “executive chairman of Fanatics” to “CEO of Fanatics”, per https://www.wsj.com/articles/fanatics-valuation-rises-to-18-billion-as-it-plans-to-expand-sports-offerings-11628589601
  •  Done
• Change his Occupation in the Infobox too
  •  Done
• Change “and Rue Gilt Groupe” to “executive chairman of “Rue Gilt Groupe”
  •  Done
• Change in Infobox too
  •  Done, with some tweaks
• Change “American businessman” in the lede to “American businessman, philanthropist and social activist” since he does all those things, as are shown in the article
  •  Done
• Update “His personal wealth, as of November 2020, was valued at $3.5 Billion.” in the lede to “His personal wealth, as of September 2021, was valued at $8 Billion.” as per https://www.forbes.com/profile/michael-rubin/
  •  Done
• Update “His mother is a psychiatrist and his father is a veterinarian” in Early Life and Education to “His mother was a psychiatrist and his father was a veterinarian” as both have passed away.
  •  Done
• Change “He repurchased: Fanatics, Inc., a licensed sports merchandiser; Rue La La, a flash seller, and Shop Runner, a retail benefits program, merging the three companies into a new entity named Kynetic.” under Career to the following, since Kynetic no longer really exists.
  • He repurchased: Fanatics, Inc., a licensed sports merchandiser; Rue La La, a flash seller, and Shop Runner, a retail benefits program. In 2019, it was announced on CNBC that Simon Property Group would team up with Rubin to take their mall inventory online and contribute $280 million to the venture.
  • In December 2020, ShopRunner was sold to FedEx.
    •  Done, with edits
  • Per these articles: https://www.forbes.com/sites/jjcolao/2012/11/01/newly-minted-billionaire-is-spinning-ebay-scraps-into-gold/?sh=7e4ba5f769e3 and https://newsroom.fedex.com/newsroom/fedex-to-acquire-shoprunner-to-expand-e-commerce-capabilities/
    •  Done, with new cites
  • Also remove Kynetic from Infobox
    •  Done
• Then move “Rubin has orchestrated” to the next paragraph and add “[23] which includes transformative deals with Nike and the National Football League (NFL) and Major League Baseball (MLB) which granted Fanatics the rights to design, manufacture and distribute all Nike fan gear for both leagues.” after the word “teams.” Per these sources: https://www.nytimes.com/2018/05/23/sports/nfl-nike-fanatics.html and https://www.forbes.com/sites/maurybrown/2019/01/25/mlb-officially-partners-with-nike-and-fanatics-nike-to-be-official-uniform-and-footwear-provider/?sh=7f132c9572d2
  •  Done, with edits
• Add one more paragraph after that: “In March 2021, Rubin and Fanatics secured a $320 million funding round which would more than double the company’s valuation to $12.8 billion (https://www.cnbc.com/2021/03/24/fanatics-valuation-doubles-to-12point8-billion-after-new-funding-round.html), and then would raise another $325 million in August 2021 bringing its current valuation to $18 billion as of September 2021. During its most recent funding round, it was announced that Rubin would transition to the role of CEO of a new, larger Fanatics company that would officially expand beyond merchandising and explore new verticals across the sports ecosystem to create a global digital sports platform (https://www.wsj.com/articles/fanatics-valuation-rises-to-18-billion-as-it-plans-to-expand-sports-offerings-11628589601). It was reported that these verticals could include: NFT’s, which Rubin and Fanatics entered in May 2021 by co-founding digital collectibles company Candy Digital (https://www.cnbc.com/2021/06/01/mlb-launches-into-nft-space-with-new-company-led-by-fanatics.html); sports betting and gaming; ticketing and media (https://www.wsj.com/articles/fanatics-valuation-rises-to-18-billion-as-it-plans-to-expand-sports-offerings-11628589601).
  •  Done, with edits
  • I put sources in parentheses after each appropriate line.

Thank you very much and let me know if I need to change anything. Bjw5002 (talk) 17:40, 3 September 2021 (UTC)

Hey Bjw5002, did the first few edits, up to the Kynetic change, as those were very straightforward. Need to dig into the longer one. Definitely can't say something was "transformative"; that's a bit too POV. --FeldBum (talk) 22:45, 5 September 2021 (UTC)

Did some more. Needed to find a new cite for the Fedex sale, since I couldn't use Fedex, as its a primary source. Fixed some formatting too. --FeldBum (talk) 20:01, 6 September 2021 (UTC)

Thank you for your assistance FeldBum. I have a few additional cleanup requests for this page:

• Can we remove the phrase "most recently" from the second paragraph in the lede? Per MOS:DATED.
• In the shadowbox, can "Occupation" be rewritten as follows:

CEO of Fanatics

Executive Chairman Rue Gilt Groupe

Co-chair Reform Alliance

Co-owner Philadelphia 76ers

• Also in the shadowbox, can "Known for" be rewritten as follows:

Founding GSI Commerce (1998)

All In Challenge (2020)

Best,

Bjw5002 (talk) 20:13, 7 September 2021 (UTC)

Hi Bjw5002, I went in and published your outstanding requests above with a few language adjustments where necessary for POV.

Mrmctorso (talk) 17:19, 23 September 2021 (UTC)

Thanks Mrmctorso. While you're working on this, can you look into making updates to the Media appearances and Accolades sections? The references in both are now out of date relative to the rest of the article. The following is how I would request modifying each section, with sources for each:

• Media appearances

In addition to appearing in Forbes, Rubin has been interviewed or quoted in The Wall Street Journal, The New York Times, Fortune, Entrepreneur, People Magazine, and Sports Illustrated.

Rubin has also been featured on Dateline NBC, Good Morning America, and CNN.

In 2010, he appeared in the premiere season of the CBS television show Undercover Boss, where he worked undercover in GSI Commerce's warehouse and call center. Once his identity was revealed at the end of the show, he gave an employee, who had recently struggled with the death of a baby, $10,000 so he and the baby's mother could have a dream wedding.

Rubin has been a featured speaker and panelist at e-commerce, sports industry and technology and innovation events including the Shop.org 2014 Summit, the MIT Sloan Sports Analytics Conferences, the Wharton Sports Business Summit, Recode’s Code Commerce, and the Fast Company Innovation Festival.

• Accolades

Rubin was honored by the Network for Teaching Entrepreneurship (NFTE) at its Philadelphia Visionary Gala in 2011 for representing "the true spirit and determination of an entrepreneur" and serving as an inspiration to NFTE students.

In 2011, Forbes named him one of the year's "20 Most Powerful CEOs 40 and Under."

In 2018 Rubin was named to the inaugural Bleacher Report “Power 50” list of most influential people in sports. Rubin has been included on Sports Business Journal’s “Top 50 Most Influential People in Sports Business” in 2015, 2016, 2017, 2018, and 2019.

Please let me know if the above edits are doable.

Best,

Bjw5002 (talk) 13:58, 24 September 2021 (UTC)

What? 50.195.90.81 (talk) 23:02, 6 July 2023 (UTC)

References

Move discussion in progress

There is a move discussion in progress on Talk:Michael Rubin which affects this page. Please participate on that page and not in this talk page section. Thank you. —RMCD bot 16:47, 7 July 2023 (UTC)

Awards and honors

2011: Honored by the Network for Teaching Entrepreneurship (NFTE) at its Philadelphia Visionary Gala for representing "the true spirit and determination of an entrepreneur" and serving as an inspiration to NFTE students.

2018: Named to the inaugural Bleacher Report "Power 50" list of most influential people in sports.

2015-2019: Included in Sports Business Journal's "Top 50 Most Influential People in Sports Business."

2021: Named Sports Business Journal's "Most Influential Person in Sports Business."

2022: Named Sports Business Journal's "Sports Executive of the Year."

2022: Named The Athletic's "Sports Business Person of the Year."

2024: Included in Billboard's "Power Players" Sports and Music List.

These are not awards or honours, per definition per consensus. They are PR driven clickbait. They're may be 1 or 2 that can be rolled into the article but x of y articles are considered non-rs. They profiles and generally seen as PR. scope_creep^Talk 20:28, 13 March 2024 (UTC)

References