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Drone Racing League CEO Nicholas Horbaczewski joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the business of racing drones and update the status of the Generation Z sports startup.<br/><br/>Founded in 2015, Drone Racing League, or DRL, is a sports technology and entertainment startup that hosts yearly tournaments where drone pilots compete for a cash prize. Horbaczewski says DRL will host its ninth season this fall and raised more than $100 million from investors, including publicly traded Liberty Media, WWE, T-Mobile, and Miami Dolphins owner Stephen Ross’s RSE Ventures—the league’s most prominent backer.<br/><br/>“It’s Formula One but with drones,” Horbaczewski tells Forbes, describing DRL. “What we’re doing is hard,” Horbaczewski adds. “It’s a combination of sports, technology, and media. So, our investors represent the best of those industries coming together to build something novel together.”<br/><br/>In the interview, the DRL chief executive explained how he lured notable investors for capital and forecast plans to expand globally. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The Guy Who Raised Over $100 Million To Race Drones

⏲ 24:34 👁 7.9M

This Old House

How to Repair Damaged Window Sash Cords | Ask This Old House

⏲ 5 minutes 31 seconds 👁 214.3K

OssanHOYHOY

THE VENTURES 2009 - SPECIAL MEDLEY

⏲ 8 minutes 55 seconds 👁 4.9M

RHL Ventures is a Malaysian-based Multi-Stage Venture Capital firm investing across Southeast Asia. Our mission is to support visionary entrepreneurs in building the next generation of disruptive companies. With extensive experience and a vast network, RHL Ventures provides a unique combination of financial backing, strategic guidance, and operational expertise to unlock the full potential of our portfolio companies.

Niaga AWANI: KL20: Fueling disruptive startups with expertise and investment

⏲ 13:4 👁 460K

Itsdanielmac

What Joe Biden Does For A Living 🇺🇸

⏲ 31 seconds 👁 17.8M

The George Washington University

The 2016 New Venture Competition

⏲ 3 minutes 46 seconds 👁 305

Gardeners World 2024 Episode 4

GW 2024 Episode 4

⏲ 59:2 👁 2.3M

Knighted Ventures

⏲ 3 minutes 19 seconds 👁 31

GWinnovate

Pitching to Investors and Funders with Lex McCusker - 3.22.16

⏲ 1 hour 20 minutes 35 seconds 👁 34

A top-shelf chef embarks on a new venture, a Hastings business giant bows out, and Bosham is set to benefit from a storm overflow pilot measure. All this and more in today's Sussex World news bulletin.

Sussex World daily bulletin - 22-04-24

⏲ 1:48 👁 142.7M

Pismo Ventures

Working with University Tech Transfer for Startups with Brian Coblitz, PhD, hosted by Pismo Ventures

⏲ 1 hour 12 minutes 49 seconds 👁 11

GWinnovate

Connecting4Good (C4G): 2015 GW Business Plan Competition Final Presentation

⏲ 20 minutes 39 seconds 👁 79

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