This startup wants young athletes to have more financial security. Here's how it could revolutionize sports.

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Pando Pooling says it's giving young athletes a shot at far greater financial security when their income is and their chances of success are the lowest. At every level the competition and pressure increases, and while the possibility of life-changing money looms ahead, it can be difficult to reach. Players are often forced to sign contracts for less than they think they're worth.

"We have first-round draft picks, we have players that went undrafted, we have players that are rookies to players who've had long MLB careers," said co-founder Charlie Olson, who created the firm two years ago with fellow Stanford Graduate School of Business alum Eric Lax.

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