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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 👁 7.5M

Anto yt 22

SPC C8 - Startup Shutdown

⏲ 15 seconds 👁 421

Uriel Hernandez

abol2 SPC -4800 startup ando shutdown

⏲ 22 seconds 👁 33

Armed with more than $750 million in funding, Brett Adcock vows that Figure will become one of the most important businesses in the world. First, there is a lot of work to do. Adcock, the 38-year-old founder and CEO of robot maker Figure, is riding high. In January, the company announced a collaboration with BMW, with the goal of putting Figure’s robots to work at the German automaker’s Spartanburg, South Carolina manufacturing plant. Six weeks later, Figure raised $675 million at a $2.6 billion valuation from the likes of Microsoft, Nvidia, OpenAI Startup Fund and Jeff Bezos. At the same time, Figure signed a collaboration agreement with OpenAI to develop next generation AI models for humanoid robots. <br/><br/>The valuation makes Adcock, who owns about 50% of the Sunnyvale, California company, a new billionaire. With his Figure stake and shares from a previous startup, he’s worth an estimated $1.4 billion. <br/>Even with all the money in the world, success is not assured.<br/><br/>0:00 Intro<br/>0:35 Who is Brett Adcock?<br/>1:45 Building the Figure Team <br/>2:18 What Makes Figure Different?<br/>3:16 Figure 01 Demonstration<br/>4:44 Training Humanoids<br/>6:47 The Future of Robots <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/04/15/meet-the-new-ai-robot-billionaire/?sh=4eef9f7f7c32<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 New AI Robot Billionaire

⏲ 8:35 👁 5.2M

South Park Commons

Elad Gil & the Early-Stage Startup Squiggle

⏲ 1 hour 9 minutes 58 seconds 👁 2.8K

SFTCP1 and Yoshi

LG GB109 - Startup and Shutdown (Reupload)

⏲ 20 seconds 👁 23

ByteDance, the Chinese parent company of TikTok, would rather shut down the app in the US than sell it. The algorithms TikTok relies on are essential to ByteDance's overall operations, making a sale of the app with algorithms highly unlikely. TikTok operates at a loss, accounting for a small portion of ByteDance's total revenues and daily active users. The parent company would prefer to shut down the app in the US in a worst-case scenario rather than sell it to a potential American buyer.

ByteDance Unlikely to Sell TikTok, Preferring Shutdown in the US to Parting Ways with Its Key Algorithm

⏲ 0:46 👁 615K

PhoneArchive

KTF Show KT Olleh Startup Shutdown Evolution

⏲ 34 seconds 👁 35.8K

Gaswatya

Windows Startup and Shutdown Sounds (Windows 1.0 - Windows Server 2025)

⏲ 52 minutes 56 seconds 👁 13.2K

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

SNNDS

Evolution of Windows startup and shutdown sounds (1.0-11) 1985-2022

⏲ 3 minutes 21 seconds 👁 12.7K

TK50P

All ABC Song has GSOD Part 2

⏲ 5 minutes 55 seconds 👁 173.6K

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