York Family VC Fund Uses 49ers Insights to Bolster Moonshot Startups
In a region filled with venture capitalists crowing about their latest unicorn, Brano Perkovich is a notable exception. Since 2014 the San Francisco bay area investor…
finance
Genius Sports Earnings Boosted by Second Spectrum, New Gambling States
Data and analytics specialist Genius Sports reported first quarter revenue that beat expectations, as its Second Spectrum subsidiary and sports betting powered the…
RedBird Files to Start New Fund, Likely Targeting $2.6 Billion
RedBird Capital has filed paperwork with the Securities & Exchange Commission to launch its fourth fund. The Gerry Cardinale-led investment business has a robust sports…
DraftKings Sees Strong Results, Raises Projections Despite Stock Jitters
DraftKings founder and CEO Jason Robins says the strength in sports betting is continuing unabated, as increasing revenue and better cost controls have the company…
Exclusive
Arctos Sports Partners Raises $1.1 Billion for Second Investment Fund
Sports-focused private equity firm Arctos Sports Partners has raised $1.1 billion for a second investment fund, bringing the firm’s total assets to more than $5…
Sports Stocks Can’t Hide From Bears as Index Hits 18-Month Low
The JohnWallStreet Sports Stock Index suffered its worst month ever, falling 14% in April as 38 of the index’s 40 components finished lower, most down sharply, as…
Sammy Hagar, Roger Staubach Sports SPAC Pulls IPO Plans
The depressed SPAC market has claimed another victim. Victory Acquisition, a star-studded blank check that wanted to raise $250 million in an IPO, filed paperwork with…
Cardinal Sports, Hot Paper Lantern Form $100M Startup Accelerator
Financial services business Cardinal Sports Capital and marketing firm Hot Paper Lantern Digital Sport are combining efforts into an accelerator program that will, in…
Arctos Sports Partners’ Assets Balloon to More Than $3.9 Billion
Sports private equity fund Arctos Sports Partners disclosed it began the year with $3.94 billion of assets under management, according to a recent filing with Securities…
Sports SPACs Face Expiring Clock as Billionaires Pull IPO Plans
Two years ago, DraftKings went public by special purpose acquisition company and seemingly single-handedly sparked a wave of sports-related SPACs. After DraftKings’ SPAC…
‘Found Money’ for Bills May Mean Price Tag Less Than Raiders Dome
Nevada’s $750 million contribution to the Raiders NFL home field will cost it more than New York’s $1 billion gift to the Buffalo Bills, if current proposals go…
Exclusive
Sixers Innovation Lab Launching New $25 Million VC Fund
Early-stage venture capital fund Sixers Innovation Lab is starting a second fund to invest primarily in business-to-business startups working in sports, media and…
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