The Weekly Drop 11.10.2022
The Weekly Drop 11.10.2022
The hottest news from sports, gaming, media, web3, and fitness.
More big-time investors getting in on the pickleball craze. Video game startups attract more funding. And the Brooklyn Nets ownership group set up a minority-focused accelerator.
Quick scheduling note. The Weekly Drop will be moving to a twice monthly cadence going forward. With VC activity slowing and the other demands on my time, this felt prudent. If you want more frequent updates on these markets, I can recommend a few other newsletters - Front Office Sports (daily), Sportico (daily), and Fitt Insider (weekly).
Top Stories
Dicks Launches Venture Fund
💸 Dick’s Sporting Goods announced a $50MM sports tech venture fund. The company announced their first five investments already completed. Read
Pickleball is on Fire
🎾 The two biggest leagues have merged as the MLP and PPA come together. This was after Mark Cuban buys into the Pro Pickleball Association and Anheuser-Busch adds a team in Major League Pickleball.
Tech news, capital raises, and more
📱 Everybuddy raises $15MM for mobile gaming more
🕹️ Playgig gets $10.85MM for gaming studio here
🕹️ Freedom Games adds $10MM for indie hits details
🏈 Liberty Media joins T33T football media fundraise more
🎥 Zwerner on whether next Disney comes from web3 read
Athletes in the News
🏀 Brooklyn Nets announce minority founder accelerator details
🏎️ F1’s Wolff and CEO of Eight Sleep on Pomp Pod listen
Highlighting Diversity in Tech
🏆 Pharrell announces winners of Black Ambition prizes
🎙️ Sister founders of Endora on Code Launch podcast listen
💸 Pitch competitions, grants, and events directory here
Portfolio Company Job Postings
Oura Ring (Health): Ops, Product, and Dev roles here
Eight Sleep (Fitness): Engineer, Growth, Product roles here
GreenPark Sports (Gaming): Engineer roles here
Fan Controlled Sports (Sports): Ops, Dev, and Marketing roles here
Artie (Gaming): Engineer and Artist roles here
Future (Fitness): HR roles here