📶 private equity 🤝 NFL

PE goes after the NFL, venture funding to China falls off a cliff, and X is testing a new video conferencing tool

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And happy hump day.

Apparently PE firms aren’t satisfied with owning majority control of high-margin software businesses, and now they want to start owning pieces of the NFL.

I’m pretty convinced that will be a net negative for every football fan, but I’m curious to hear what you think, so let us know at the bottom.

Let’s get into the other big stories from yesterday.

TL;DR:

HEADLINES
PE eyes the NFL 🏈

  • Private Equity Ownership Is Coming to the NFL (WSJ)

  • VC’s top fund families feature household names and up-and-comers (Pitchbook)

  • Venture Funding To China-Based Startups Dries Up (Crunchbase)

  • G Squared Raises $1.1 Billion Amid ‘Secondary Market’ Interest (PYMNTS)

  • X is testing a video conferencing tool (TechCrunch)

  • The biggest trends young NYC investors are bullish about — and why (TechCrunch)

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FUNDS

Name

Fund Size

Fund Number

HighPost Capital

$100m

I

Resurgens Technology Partners

$800m

III

Antler

$72m

II

Balderton Capital

$615m

IX

Balderton Capital

$685m

II

Stonepeak

$3.15b

I

Looking to see all fund data (plus contact info) as it comes in?

STARTUPS (Together with Harmonic)
US-based energy companies that have raised in the past 4-12 months 🔎

Name

Description

Vista Space

Modular structural batteries for
lightweight, high-energy satellite buses

Starlight Charging

The new way to design, finance, and install electric vehicle charging systems

Aether

Rooftop solar reimagined with AI

We use Harmonic to get thousands of data points on companies like these. 

RECS

POLL

Is it a good or bad thing that PE is going after the NFL and other pro sports teams?

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Thanks for reading this far and giving us a little bit of your attention this week.

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RESULTS

Here are the results from our poll question in yesterday’s piece:

Where are we in the American Dynamism hype cycle?

 

🟩🟩🟩🟩🟩🟩 Still early - I expect more funds to start investing in the future of America first (12)

🟩🟩🟩🟩🟩🟩 Starting to flatten (12)

🟨🟨🟨⬜️⬜️⬜️ We're in a bubble (7)

31 Votes

Reply

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