M&A in sports technology is booming as dealmaking reaches new heights in Q2, a new report shows
The sports tech sector had one of its best quarters ever in Q2, according to investment bank Drake Star. Mergers and acquisitions reached a quarterly high of 105 deals. The WWE-UFC merger resulted in a combined business valued at $21.4 billion. According to a new 25-page report from tech investment bank Drake Star, the sports-technology…
How ESPN’s $2 billion deal with Penn Entertainment could shake up sports betting, from reinvigorating competition to evolving media’s relationship with gambling
ESPN is finally getting its own sportsbook through Penn Entertainment. Many view the deal as a “win-win” for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. When Disney CEO Bob Iger took over as the owner of ESPN late last…
Cash-strapped fintechs are running out of options. Here’s how VCs are readying their checkbooks and setting new terms.
Fintech funding has been on a decline from 2021’s peak levels, but VCs see signs of a rebound. B2B fintechs and earlier-stage startups are the likeliest to see benefit. Four VCs outline the ‘new normal” and the kinds of fintechs they want to back. VCs are eager to resume dealmaking as they see early signs…
How to land a job working for a YouTube star and what it’s like, according to Ryan Trahan’s creative director
Preston White is YouTube star Ryan Trahan’s creative director. White helps develop content for the YouTube channel, which has 13 million subscribers. White shared what steps he took to land his job and what the role is like. Preston White had no idea that applying to compete in YouTube star Ryan Trahan’s new video series…
Clinical data is a goldmine — but Europe’s startups are struggling to grow
Big Pharma and biotech companies often outsource clinical trials to external companies. Startups offer services ranging from clinical trials recruitment to patient monitoring. Europe’s early-stage clinical trials startups are flush with funds but they’re struggling to grow. When Benevolent AI announced that its trial for a new drug to treat eczema had yielded “inconclusive results,”…
I tried Upwork and Fiverr to find gigs as a freelance copywriter but gave them up. Here’s how I built a personal network for finding clients instead.
Gina Buckle started freelance copywriting in 2022 after quitting her job as a content executive. She detailed how she started connecting with clients through networking events and LinkedIn. She also shared how she learned to package her services and increase her rates. This as-told-to essay is based on a transcribed conversation with Gina Buckle, a…
Shopify’s ecosystem is about to face a major test: Large partners like Klaviyo are eying an IPO, while smaller startups may struggle to compete
Shopify’s App Store is maturing, with more than 10,000 apps for merchants to download. Shopify invested in some of its biggest partners, some of which are considering IPOs. It’s getting harder for smaller app developers to stand out from the competition. As Shopify’s app ecosystem matures, some developers and partners are facing a make-or-break moment.…
Media insiders say ESPN’s new sports-betting push could help it court a younger crowd and set up a spinoff from Disney
Industry insiders say ESPN’s deal with Penn Entertainment could signal a potential ESPN spinoff from Disney. Disney announced a $2 billion deal with casino operator Penn Entertainment to create ESPN Bet. Experts break down how the deal could bolster ESPN and what’s next. ESPN’s $2 billion Penn Entertainment deal shook the sports betting world —…
TikTokers are scoring huge paydays from its new ‘creativity program’ that rewards longer videos. 7 creators reveal what they’re making per month.
TikTok’s new Creativity Program Beta is helping some creators earn tens of thousands of dollars. Not everyone making money has millions of followers; those with smaller followings are earning, too. The extra money is helping a few TikTokers rely less on brand deals and re-prioritize the app. Kay and Tay Dudley were stunned when thousands…
