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☆ A startup billing itself 'the Airbnb of skills' has raised $5 million. Check out the 20-slide pitch deck they used.
▼ + stars: | 2024-07-23 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

San Diego startup TeachMe.To has raised $5 million in a seed round led by Bling Capital. The startup connects students with teachers for local in-person lessons across various skills. AdvertisementA San Diego startup that connects teachers and potential students for in-person lessons has just raised $5 million in a seed round led by Bling Capital. TeachMe.To CEO Tyler Maloney told Business Insider that it offered lessons "across things like boxing, piano, violin, pickleball." This story is available exclusively to Business Insider subscribers.

Persons: —, Tyler Maloney Organizations: Bling Capital, Service, Business Locations: Diego

ATLANTIC CITY, N.J. (AP) — With this year's Super Bowl being played in Las Vegas, the nation's gambling capital, there was little doubt that betting on the big game would be huge. The 2023 Super Bowl between the Chiefs and the Philadelphia Eagles brought in $153.1 million worth of bets. In Pennsylvania, $71.5 million was wagered on the Super Bowl, down 15% from last year's Super Bowl, in which the Philadelphia Eagles lost to the Chiefs. Other states with big sports betting markets, including New York and Illinois, had yet to report betting levels for this year's Super Bowl as of Wednesday evening. Maine, which offered Super Bowl gambling for the first time, saw about $3.5 million wagered online, according to an estimate from the state's Gambling Control Unit.

Persons: sportsbooks, “ We’re, Chris Bevilacqua, ” BetMGM, Wayne Parry Organizations: CITY, Kansas City Chiefs, San Francisco 49ers, Nevada Gaming Control Board, Los Angeles Rams, Cincinnati Bengals, Chiefs, Philadelphia Eagles, Atlantic City, Super, of Gaming Enforcement, NFL Locations: N.J, Las Vegas, New Jersey, Pennsylvania, New York, Illinois, Maine, bettors, www.twitter.com

☆ N.F.L.’s Rapid Embrace of Gambling Creates Mixed Signals
▼ + stars: | 2024-02-04 | by ( Jenny Vrentas | ) www.nytimes.com time to read: +1 min

Over the next week, the National Football League’s players, coaches, fans and executives will gather for an event that was virtually unthinkable just 10 years ago: the Super Bowl in Las Vegas, the gambling capital of the United States. Now it even has a team in Las Vegas, which the league shunned for decades because any affiliation was seen as a threat to the integrity of the game. Yet the embedding of sports gambling so quickly into the culture of the league has resulted in jarring contradictions. is pushing to popularize and benefit from sports betting while still guarding against the potential pitfalls that it long condemned. While the league donates money to promote responsible gambling, its broadcasts are peppered with advertisements for sports betting companies.

Persons: ’, Roger Goodell —, —, ”, Marc Edelman Organizations: National Football, Baruch College Locations: Las Vegas, United States, Nevada, New York

☆ NFL reminds teams they can't bet on sports during Super Bowl week in Las Vegas
▼ + stars: | 2024-02-02 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

"Super Bowl LVIII is a highly anticipated and thrilling event for our fans and viewers. Super Bowl 58 in Vegas is expected to be the most bet on NFL championship ever. Staff must also strictly avoid sportsbooks, even for food or drink, while at the Super Bowl. However, employees of the Chiefs and 49ers won't be allowed to play until the Super Bowl is over. Correction: This story has been updated to reflect NFL gambling suspensions start at one to two years for players.

Persons: Roger Goodell, Goodell, Kayshon Boutte Organizations: National Football League, Super, Vegas . Employees, Kansas City Chiefs, San Francisco 49ers, CNBC, American Gaming Association, NFL, Louisiana State University, Staff, Chiefs, 49ers, CNBC PRO Locations: Las Vegas, Vegas ., Vegas

☆ Super Bowl LVIII teams not permitted to gamble in Las Vegas, NFL emphasizes rules are ‘no different’ to any other game
▼ + stars: | 2024-01-31 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —The NFL has emphasized that the gambling rules for the teams participating in Super Bowl LVIII are “no different” to any other game, despite the showpiece event being held in Las Vegas, Nevada. Players across the league received suspensions of varying degrees in the past year, with the NFL releasing a memo in June stressing the six “key rules” of its gambling policy. A general view of Allegiant Stadium in Las Vegas, the host for Super Bowl LVIII. But in an effort to preserve the “integrity” of the game, players from the two teams will not be able to bet as they will be “on business” as Miller said. “And I think those are the two primary orientations that we’re all working together to accomplish both at the same time.”

Persons: ” Jeff Miller –, –, Miller, Ethan Miller, ” David Highhill, ” Organizations: CNN, NFL, The Kansas City Chiefs, San Francisco 49ers, New England Patriots, Super, Super Bowl Locations: Las Vegas , Nevada, The, Las Vegas

ATLANTIC CITY, N.J. (AP) — Advertisements for sports betting continue to flood the airwaves, but the NFL said Tuesday that viewers will see only three such ads during the Super Bowl broadcast next month. But sportsbooks have only bought three such ads for broadcast right before and during the Super Bowl broadcast, fewer than the maximum allowed, NFL spokesperson Alex Riethmiller said. Part of that effort includes “being mindful of the tenor, volume and saturation of sports betting advertising and the degree with which we're integrating that into the live game,” Highhill said. The topic of sports betting advertising has been contentious for years. Highhill said the NFL tends to get blamed for sports betting ads that are beyond its reach.

Persons: David Highhill, Alex Riethmiller, We've, Highhill, “, Jeff Miller, ” Highhill, sportsbooks, Bill Miller, ”, we're, Keith Whyte Organizations: CITY, NFL, Super Bowl, ” League, The Kansas City Chiefs, San Francisco 49ers, New Jersey, U.S, Supreme, D.C, American Gaming Association, Fox, Raiders, National Council Locations: N.J, Las Vegas, The, New, Washington

☆ Viva Las Vegas, Formula One betting big on Sin City race
▼ + stars: | 2023-11-15 | by ( Steve Keating | ) www.reuters.com time to read: +5 min

Wynn resort is offering the first-ever Las Vegas Grand Prix Million Dollar All-Access Experience that includes a $100,000 philanthropic gift. "However, the brand synergies with the inaugural Las Vegas Grand Prix are unmatched." Formula One has long been a magnet for the celebrity class and Las Vegas is sure to be an irresistible pull. Las Vegas may be the gambling capital of the world but there will be little bet on F1. "I would say this is due to lack of parity," Derek Stevens, owner of Circa and several other Las Vegas casinos told Reuters.

Persons: Max Verstappen, Greg Maffei, Red Bull, Aston Martin, Hilton, Red, it’s, Rebecca McAdam Willetts, Mark Wang, David Beckham, Shaquille O’Neal, Mark Wahlberg, Gordon Ramsay, Toto Wolff, Derek Stevens, Steve Keating, Toby Davis Organizations: LAS VEGAS, Las Vegas, Liberty Media, Formula One, Vegas, Ferrari, Mercedes, McLaren, Red Bull, PokerStars, Public Relations, Reuters, Poker, New York Stock Exchange, American Express, Heineken, Hilton, MGM Resorts International, Fountain Club, Hilton Grand, Club SI, Drai's Beach Club, Thomson Locations: Vegas, United States, Sin City, VVIPs, Las Vegas, Monaco, Drai's, Toronto

☆ Disney is in trouble. Bob Iger has 5 big problems to solve
▼ + stars: | 2023-11-08 | by ( Samantha Delouya | ) edition.cnn.com time to read: +8 min

Last quarter, Disney’s linear television revenue continued to slip, declining 7% compared to the same quarter last year. Disney World angstIt may not be all bad news for Disney, though. However, Disney World Resort in Florida has struggled with declining attendance in recent months. Over the summer, Disney World parkgoers experienced shorter-than-expected ride wait times and fewer crowds. Nearly one year ago, Iger unexpectedly came out of retirement to take over the role of Disney CEO once again after the board unexpectedly fired his successor, Bob Chapek.

Persons: Ron DeSantis, Bob Iger, Hugh Johnston, Christine McCarthy, Iger, ” Iger, I’ve, expansively, Indiana Jones, Reynaud Julien, Bank of America’s Jessica Reif Ehrlich, Ehrlich, Jason Bazinet, Disney, Disney isn’t, ”, Vijay Jayant, underperformance, Bob Chapek, Johnston Organizations: Los Angeles CNN, Disney, Republican, Gov, Warner Bros, CNN, Media, YouTube, ESPN, Wall Street, PepsiCo, ABC, Disney Channel, Geographic, “, Destiny, Cannes Film, APS, Bank of America’s, Citigroup, Shanghai Disney Resort, Hong Kong Disneyland Locations: Florida, Refinitiv, Cannes, France, Canada, Hulu, Shanghai, Hong, Central Florida

☆ See the presentation that got a healthtech startup $7 million from Khosla Ventures to help patients find new treatments using AI
▼ + stars: | 2023-08-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Eureka Health is building a platform to help patients with chronic conditions find new treatments. Eureka Health used this 11-slide pitch deck to land $7 million in a round led by Khosla Ventures. Eureka Health seeks to give patients with chronic conditions a community to find new treatments based on reports of what other patients have tried. Then, Eureka patients can log how effective a specific treatment was for their symptoms, as well as any side effects they may have experienced. Eureka Health provided Insider with the deck it used to raise $7 million in seed funding.

Persons: Zain Memon, Noah MacCallum, Memon, MacCallum, Anne Wojcicki, Susan Wojcicki, Eureka, we're Organizations: Eureka Health, Khosla Ventures, Health, South Park, SciFi, Able Partners, Bow, 23andMe, South Locations: Eureka, South Park

Adonis: AI revenue collection for healthcare providersBen Ling, the founder and a general partner at Bling Capital. Bling CapitalStartup: AdonisRecommended by: Ben Ling, Bling CapitalRelationship: InvestorTotal funding: $22.9 million, according to PitchBook. What it does: Adonis uses AI to automate and create intelligent revenue-collection software between healthcare providers such as doctors, hospitals, and insurance companies. "They are trending to significantly exceed revenue expectations in 2023 and is considered one of the fastest growing healthcare software companies in the United States. As a result, Adonis is overseeing the processing of billions of dollars of claims and impacting revenue outcomes for thousands of the nation's providers," Ling said.

Persons: Adonis, Ben Ling, Ling Organizations: Bling Locations: United States

☆ Opus uses AI to help train up deskless workers. Check out the 19-slide pitch deck it used to raise $6.8 million.
▼ + stars: | 2023-05-24 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

New York-based Opus is using AI to train America's deskless workforce. A startup that uses AI to improve the training of non-office-based workers just raised $6.8 million in fresh funds. New York-based Opus, founded in 2020, has developed a platform that can help speed up employee onboarding for so-called deskless workers. Opus works as a mobile app, allowing employers to create training content tailored to every individual workplace. "By using AI, our content builder helps you build it faster than legacy solution," Nemeth told Insider.

Persons: onboarding, Rachael Nemeth, Nemeth, Klara Organizations: Vanderbilt University, Cable, Gutter, NextView Ventures Locations: York, New York

☆ See the 19-slide presentation that got General Catalyst to back a startup tackling a $25 billion problem for hospitals
▼ + stars: | 2023-05-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

The startup used this pitch deck to get backing from top healthcare VC firm General Catalyst. The Magoons' new startup, Adonis, raised $5.6 million in seed funding in October to solve that problem with tech. Just under seven months later, Adonis has raised $17.3 million more in Series A funding, led by top healthcare VC firm General Catalyst. "Given all the work we do with health systems, we know how complicated and poorly organized these systems are, despite all the money they're collecting," she said. Check out the pitch deck Adonis used to get $17.3 million led by General Catalyst.

☆ The unraveling of fintech darling Vise
▼ + stars: | 2023-03-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +28 min

It was April, and more than two dozen salespeople who worked for the fintech startup Vise had been ordered to a multiday off-site at the W Hoboken hotel in New Jersey to share exhaustive reports on their performance. Even salespeople at bigger, established, top-tier investment-management firms typically wouldn't close $250 million in a year, multiple sales employees said. (K-means clustering is an unsupervised machine-learning algorithm often referred to as a form of AI, Vise's founders said). (Vise's founders disputed this, saying the company received updated financial data only once a day for its portfolio-construction engine.) And to address its "leaky funnel" of overestimating prospective sales, Vise was to stop outreach to new clients while it onboards and upsells to existing clients, the document said.

FanDuel expected to handle more than 17 million Super Bowl bets. GeoComply , a company that verifies the locations where gamblers are betting, saw 100 million sports betting transactions this Super Bowl weekend, an increase of 25% over last year. It was a record-breaking Super Bowl for sportsbooks as gamblers ponied up across the United States. "This was BetMGM's most successful Super Bowl and most bet on single game sporting event ever," the company told CNBC. Already, sportsbooks are accepting wagers for next year's Super Bowl, which, for the first time, will take place in America's gambling capital – Las Vegas.

☆ Tyler Burnett turned a toothache into a VC-backed company. Here's an exclusive look at the pitch deck he used to raise $3 million for dental startup Wally Health.
▼ + stars: | 2023-02-02 | by ( April Joyner | Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The startup Wally Health provides dental cleanings and preventative care for $199 a year. Take a look at the pitch deck Wally used to raise a $3 million seed round led by Bling Capital. That experience inspired the creation of his startup, Wally Health, which has raised $3 million in a seed round led by Bling Capital. Years before Wally, Burnett had launched businesses in media and fintech back in his native Canada. After raising a pre-seed round, Burnett and his cofounders started building Wally's proof of concept about a year ago in an office in New York's Upper East Side.

☆ Andreessen Horowitz is 'betting heavily' on edtech for the next decade, says general partner Katherine Boyle. Here's why.
▼ + stars: | 2022-11-04 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

Even with edtech funding down this year, A16z is still "betting heavily" on the space. Here's why general partner Katherine Boyle thinks edtech is worth betting on over the next decade. Andreessen Horowitz is still "betting heavily" on education-tech investing, despite signs that overall funding in the space is slowing. Global venture-capital funding to edtech startups has soared since 2019 and saw a marked jump during the pandemic. More recently, though, there have been signs that the rate of edtech investing is slowing down with market uncertainty: PitchBook estimates that total edtech funding for 2022 stands at $7.9 billion as of November 3.

As recently as August, Lachlan Murdoch described sports betting as "a huge opportunity" for Fox Sports, telling Wall Street it would fuel viewer engagement. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to gamblers. The growth of Fox Bet has stagnated since market-leading FanDuel's owner, Flutter Entertainment Plc (FLTRF.L), acquired Stars Group in 2020. The matter is the subject of an arbitration case and Lachlan Murdoch told investors a decision is expected imminently.

☆ Slots to smartphones: Pandemic sends Australia’s gambling problem online
▼ + stars: | 2022-09-29 | by ( ) www.nbcnews.com time to read: +5 min

Australia’s gambling industry has been in the spotlight in recent years, with public inquiries lashing its biggest casino operators due to lapses in money laundering protections. Online gambling has also been the focus of inquiries, but with its increasing prevalence, the government has answered consumer advocates with a pledge to take a deeper look. Australia overtook Britain, which has nearly three times its population, to rank third by online loss, behind the United States and Japan, said H2. The new center-left federal government this month said it will hold a parliamentary inquiry into online gambling, though some recommendations of a 2015 inquiry are yet to take effect. “At their fingertips they have 24-hour access to gambling online.

Online gambling has also been the focus of inquiries, but with its increasing prevalence, the government has answered consumer advocates with a pledge to take a deeper look. Australia overtook Britain, which has nearly three times its population, to rank third by online loss, behind the United States and Japan, said H2. The new centre-left federal government this month said it will hold a parliamentary inquiry into online gambling, though some recommendations of a 2015 inquiry are yet to take effect. "At their fingertips they have 24-hour access to gambling online. Wareham, the coffee technician, said he no longer uses poker machines and that family responsibilities help him control his online betting.

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