Sports Tech – GeekWire — Venture capital RSS

Sep 07, 2017

Forget fantasy football: This new esports startup backed by NFL team owner Paul Allen pits fans against each other

Esports is a $700 million global industry, and growing rapidly. And while traditional sports fans may scoff at professional video gamers dueling in heated on-screen matchups of League of Legends or Overwatch, these competitions draw millions of dedicated and passionate online viewers. Now a Seattle startup wants to capitalize on this digital craze, offering esports fans a way to compete against each other while they watch live broadcasts of pro esports competitions. The idea of wagering on the outcomes of esports may seem bizarre to some — and quite meta. After all, it’s essentially a game going on inside of a game. But… Read More

Aug 22, 2016

Retired NBA star Kobe Bryant reinvents himself as venture capital investor with new $100M fund

On the court, Kobe Bryant was relentless in his preparation and laser-focused on the smallest details that would give him and his team an edge over his opponents. Now Bryant, who retired from the NBA this season, is channeling his legendary intensity into the venture capital world. Bryant and his partner, entrepreneur Jeff Stible, announced a new $100 million fund for investing in technology, media and data startups in an interview with the Wall Street Journal Monday. The Los Angeles-based firm is called Bryant Stibel, and the co-founders are putting up their own money. They aren’t looking for outside investors right now. Announced @BryantStibel investment platform to… Read More

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