Weekly Drop

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The Weekly Drop 05.26.2022
weeklydrop.substack.com

The Weekly Drop 05.26.2022

The hottest news from sports, gaming, media, web3, and fitness.

Brian Zwerner
May 26
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The Weekly Drop 05.26.2022
weeklydrop.substack.com

Huge new funds by A16Z will continue to fuel Crypto and gaming startups.  Lots of news in the media space, with a monster cap raise by the owner of Popular Science and SiriusXM buying Conan’s podcast studio.  Activity continues hot in the blockchain gaming and metaverse sectors.

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Top Stories

A16Z Continues to Grow Assets Under Management

💸 A16Z announced a huge new $4.5Bn Crypto fund, split between early stage and growth in the sector.  They also reported a $600MM fund focused on the video game sector.

Recurrent Ventures Hauls in $300MM for Science Content

📺 The media company owns 24 brands across science, tech, outdoor, and home, and now they have $300MM new capital from Blackstone for growth. Read


Tech news, capital raises, and more

🎙️ SiriusXM buys Conan’s podcast co for $150MM read

🏏 Major League Cricket adds $120MM for U.S. expansion details

🎮 Joystick gaming guild working on $110MM raise here

👾 N3twork brings in $46MM for blockchain games read

📈 Metaverse app BUD grows with $37MM funding more

🕹️ Riot Games invests in Aim Labs details

🏃‍♀️ Strava buys Recover Athletics more

🤝 Playmaker acquires The Prop Network here

👨‍🏫 Zwerner breaks down how VCs evaluate web3 startups read


Athletes in the News

🏈 Todd Gurley joins FCF as team owner here

🎉 NFL vets Marshall and Murray named Co-CEOs of The Players’ Lounge details

🏀 Dominique Wilkins partners with Ballerz NFT project read

👩‍⚕️ Soccer stars participate in moke.care $16MM cap raise more

🥊 A Rod buys into the Professional Fighters League here


Highlighting Diversity in Tech

🦈 Daymond John joins board of Overtime more

🗓️ Attend ribbon cutting at ATL Blockchain Center register

💸 Pitch competitions, grants, and events directory here


Portfolio Company Job Postings

Oura Ring (Health): Product and Engineer roles here

Eight Sleep (Fitness): Engineer, Growth, Product roles here

Future (Fitness): Product and Engineer roles here

Artie (Gaming): Engineer and Design roles here

GreenPark Sports (Gaming): Engineer and Creative roles here

Fan Controlled Football (Sports): Marketing and Football roles here

Offbeat (Media): Content and Sales roles here

DanceFight (Social Gaming): Developer roles here

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The Weekly Drop 05.26.2022
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