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Endeavor Defied the Odds by Going Public. Now, It Faces Growing Pains
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variety.comEndeavor defied its critics and the odds by successfully pulling off a public offering in April, but the company — a hodgepodge of live-events brands and talent representation — is facing major obstacles navigating the global pandemic and encountering resentment among select players who feel left out in the cold.While Endeavor’s stock has overperformed for the two quarters of its publicly traded existence, some of the roughly 300 employees with equity in the company are furious over their diluted options and the new barriers to monetizing their stakes that have been put in place, three insiders familiar with the fraught situation tell Variety.A New York Post report from late August described some stakeholders — particularly the.
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