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Shaan Puri says Magic: The Gathering is Hasbro cash cow nearing $2bn
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"Magic the Gathering has been compounding 17% a year on average for 17 straight years. And so, the it's just been this like incredible compounding machine, this franchise."
Shaan Puri says Magic: The Gathering has helped drive a recent rise in Hasbro’s share price. He claims the game is on pace for about $2bn in annual revenue, has grown around 17% a year for 17 years, and now accounts for roughly a third of Hasbro’s revenue.
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My First Million