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Search resuls for: "Sorare"


12 mentions found


☆ Silicon Valley fund Bessemer Venture Partners expands European investment team with hire of ex-SoftBank VP
  + stars: | 2023-09-22 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Silicon Valley fund Bessemer Venture Partners has expanded its European investment team with the hire of former SoftBank vice president Justina Chung. Chung has joined Bessemer's London office, which is led by partner Alex Ferrara who opened the fund's European operations in 2020. Bessemer made its first European investment in 2004 and has continued to back startups in the region, including German fintechs Upvest and Mambu as well as British neobank Zopa. Chung was a vice president at SoftBank's Vision Fund, where she served on the boards of temp staffing agency Jobandtalent and second-hand designer fashion marketplace Vestiaire Collective. "It's clear that great founders begin their journey here, in Tallinn or Stockholm, London, Paris or Berlin," Chung, who is now a vice president at Bessemer, told Insider.
Persons: Justina Chung, Chung, Alex Ferrara, Bessemer, Jobandtalent, Goldman Sachs Organizations: Bessemer Venture Partners, LinkedIn, Bessemer's London, SoftBank's Vision, Sorare, SoftBank, Credit Suisse, Bessemer, US Locations: San Francisco, Tallinn, Stockholm, London, Paris, Berlin, Europe, Mistral
☆ British payments fintech Volt in talks to raise fresh funds from Coinbase-backer IVP, sources say
  + stars: | 2023-06-13 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
London-based fintech startup Volt is set to raise fresh funds, sources say. The company, founded in 2019, is in talks with VC firm IVP over a deal worth around $50 million. British fintech startup Volt is in talks to raise fresh capital from Silicon Valley investing firm IVP, sources say. The payments firm, founded in 2019, has already raised around $28 million to date and counts Swedish investor EQT Ventures among its biggest backers. Volt is set to raise around $50 million as part of the deal, two London-based sources said.
Persons: Slack, PSD2, IVP, Hopin, Tom Greenwood, Jordan Lawrence Organizations: EQT Ventures, Fuel Ventures, Open Finance Association, Open Banking, IFX Locations: British, Silicon Valley, London, Europe, Volt's, Brazil
☆ Prescient bets by the likes of Shaquille O'Neal and Serena Williams have triggered an explosion in tech investing among Europe's sports stars
  + stars: | 2023-04-27 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +8 min
European sports stars are following US counterparts, such as Shaquille O'Neal, in betting on tech. O'Neal, who also made early bets on Google and Lyft, has shown how sports stars can become successful venture capitalists once their playing careers end. He's not alone in the US, with the football star Tom Brady and the basketball stars LeBron James and Steph Curry all actively investing in tech. The tennis legend Serena Williams went a step further and set up her own fund, Serena Ventures. Shaquille O'Neal has proven to be a shrewd tech investor with early bets on Ring, Google, and Lyft.
☆ Venture capitalists swap Paris Hilton for Al Gore
  + stars: | 2023-03-03 | by ( Anita Ramaswamy | ) www.reuters.com   time to read: +4 min
LOS ANGELES, March 3 (Reuters Breakingviews) - Venture capitalists are trading reality stars for policy wonks. Hundreds of top venture capitalists flocked to Los Angeles this week to congregate at a two-day, invite-only soirée for tech’s elite. For 2022, venture-backed companies collected nearly $240 billion for their coffers, 31% lower than the record $345 billion in 2021, according to Reuters. Crowds piled into the theater at the Museum of Motion Pictures to hear a reality check on climate change from former Vice President Al Gore. CONTEXT NEWSThe 10th annual Upfront Summit took place in Los Angeles on March 1 and 2.
☆ Premier League signs NFT deal with SoftBank-backed Sorare
  + stars: | 2023-01-30 | by ( Elizabeth Howcroft | Thomson Reuters | Reports On The Intersection Of Finance | ) www.reuters.com   time to read: +3 min
The deal gives Sorare a four-year license to sell digital sports cards of players from all 20 Premier League clubs, Sorare said in a statement on Monday. Sky News reported in October that the deal could be worth 30 million pounds ($37.13 million) per year. Paris-based Sorare raised $680 million at a $4.3 billion valuation in a 2021 funding round led by SoftBank. Britain's gambling watchdog has been investigating Sorare since 2021 to assess whether its game amounts to gambling. "The way that supporters follow their favourite teams and players is evolving and the Premier League is always looking for ways to engage with fans," said Richard Masters, chief executive of the Premier League.
☆ Premier League signs deal with NFT-based fantasy soccer game despite crypto downturn
  + stars: | 2023-01-30 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal with the Premier League that will see the world's top soccer league license official player cards. Players of the game will be able to purchase and use official Premier League-licensed NFTs under the exclusive multi-year agreement. Sorare was first rumored to be in talks with the Premier League — the top tier of England's men's soccer leagues — about a licensing agreement in Oct. 2022. Sorare CEO Nicolas Julia said things took longer to wrap up than anticipated as the Premier League had an existing NFT licensing deal with another firm.
☆ Lionel Messi takes stake in NFT fantasy soccer game Sorare
  + stars: | 2022-11-09 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
Soccer star Lionel Messi is joining Sorare, the French nonfungible token trading game, as an investor and brand ambassador. The Argentinian, who plays as a forward for French club Paris Saint-Germain, will help Sorare set new standards in how fans connect with clubs and players, the company said in a statement Wednesday. Messi has taken an equity stake in Sorare as part of the deal, the company said, without expanding on the size of his holding or other terms. Sorare lets users trade digital player cards and manage teams of five in fantasy soccer tournaments. It has expanded beyond its core focus on soccer recently into other sports, including basketball and baseball.
☆ Homa wants to transform the way indie game developers build games. We got an exclusive look at the 19-slide pitch deck it used to raise $100 million.
  + stars: | 2022-10-12 | by ( Hasan Chowdhury | Callum Burroughs | ) www.businessinsider.com   time to read: +3 min
Homa has raised $100 million in a Series B round to expand its platform for indie game developers. Check out the 19-slide pitch deck to raise the Series B round below. French gaming startup Homa, which aims to make game development easier and more efficient, has raised $100 million in a Series B round. He points to the way in which game engines such as Unreal showcase the potential of their technology with games such as Fortnite. It generates cash through a revenue share scheme with developers who make a profit on games that work, Nathan said.
☆ Unicorn salaries revealed: How much 17 of the hottest startups like Revolut, Celonis, and Sorare pay, with base salaries as high as $472,000.
  + stars: | 2022-10-11 | by ( Sawdah Bhaimiya | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +2 min
But analysis of foreign labor hires to the US indicates how much fast-growing firms pay talent. We found European firms willing to fork out generous 6-figure base salaries for roles such as head of crypto at Revolut. The US is taking more steps towards pay transparency. Any company that hires foreign talent on specialist visas to the US must disclose compensation data. The salaries are also likely higher than what European firms might pay domestic talent.
☆ Liverpool expands partnership with NFT fantasy sports startup Sorare
  + stars: | 2022-09-22 | by ( Elizabeth Howcroft | Thomson Reuters | Reports On The Intersection Of Finance | ) www.reuters.com   time to read: +2 min
LONDON, Sept 22 (Reuters) - Liverpool football club is deepening its ties with the crypto world by expanding a partnership with French blockchain-based sports startup Sorare, the company said in a statement on Thursday. Sorare, whose online fantasy sports game involves the sale of licensed digital sports cards which players can use to build teams which compete against each other, said it had an exclusive multi-year partnership with Liverpool to create content and experiences for fans. Britain's gambling watchdog is investigating Sorare to assess whether its game amounts to gambling. A spokesperson for Sorare said that this was "not relevant" to the partnership with Liverpool. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Elizabeth Howcroft; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
☆ Why hundreds of Twitter workers are fleeing the company
  + stars: | 2022-09-21 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Two months after Elon Musk declared his intent to acquire Twitter in a $44 billion deal, the billionaire spoke directly with employees at the company. Musk's meeting with Twitter employees covered everything from aliens to layoffs, but did little to reassure workers, according to people with knowledge of the matter. According to the Twitter workers, who asked not to be identified, the business saw a net loss of more than 700 full-time staff as of September. Pittsburgh tech workers on why they chose the lesser-known tech hub. SpaceX CEO Elon Musk said in a tweet that the company would "ask for an exemption to Iranian sanctions."
☆ Unicorn salaries revealed: How much 13 of the hottest startups like Revolut, Celonis, and Sorare pay, with base salaries as high as $472,000.
  + stars: | 2022-09-19 | by ( Sawdah Bhaimiya | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +2 min
But analysis of foreign labor hires to the US indicates how much fast-growing firms pay talent. We found European firms willing to fork out generous 6-figure base salaries for roles such as head of crypto at Revolut. The US is taking more steps towards pay transparency. Any company that hires foreign talent on specialist visas to the US must disclose compensation data. The salaries are also likely higher than what European firms might pay domestic talent.
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