Skip to main content

Soccer legend Lionel Messi plans to get into tech investing via a new Silicon Valley holding company – TechCrunch

Lionel Messi (pictured, right), the Argentine professional soccer/football player who is widely regarded as one of the greatest players of all time, is to make a push into technology investing via a new vehicle that will be shepherded by two Silicon Valley veterans.

Play Time is the name given to a new partnership between the player’s Messi Group and Silicon Valley executives Razmig Hovaghimian and special advisor Michael Marquez.

Headquartered in San Francisco, the Messi Group said Play Time will be a holding company and will act as the main vehicle for Messi’s investments in sports, media, and technology investments globally.

At the same time, Play Time will also be looking into taking stakes in sports teams and investing in “football-tech,” the company said in a statement.

Play Time also revealed that it has already incubated a startup called Matchday.com, a still-stealth-mode games studio for football fans that plans to launch before the FIFA World Cup in November. Plus, it’s made its first seed-stage investment in AC Momento, which auctions match-worn football shirts sourced from clubs and players.

In a statement, Messi said: “I am excited to extend our roots into Silicon Valley, and I am thrilled that Play Time will collaborate with daring entrepreneurs from all over the world. I hope that through its success Play Time will help many people and have a positive impact on the world. I trust in the team and our partners to achieve our objectives.”

Play Time’s co-founder and chief executive will be Razmig Hovaghimian (pictured, left). Hovaghimian formerly headed up Hoodline (Pixel Labs), a local news platform that combined machine learning with on-the-ground reporting. He also co-founded entertainment startup Viki, which exited to Rakuten for $200-plus million in 2013. As a result, he joined Rakuten’s corporate board as a board observer and in 2016 was named the company’s first Entrepreneur in Residence.

Hovaghimian said, “We’re all in, starting by building a strong bridge between football’s 5B fans and technology.”

He will co-lead Play Time with Michael Marquez of Code Advisors, a merchant bank, and Morado, a seed-stage fund focused on early-stage investments.

Techyrack Website stock market day trading and youtube monetization and adsense Approval

Adsense Arbitrage website traffic Get Adsense Approval Google Adsense Earnings Traffic Arbitrage YouTube Monetization YouTube Monetization, Watchtime and Subscribers Ready Monetized Autoblog



from Investing – My Blog https://ift.tt/CJQRaSV
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

These money and investing tips can give you a smooth ride in a rough market – MarketWatch

Don’t miss these top money and investing features: Sign up here  to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS How to approach rebalancing your portfolio for 2023 It’s not a good idea to rebalance your portfolio at preset intervals Read More Bonds aren’t more attractive than stocks even as yields register a 15-year high The S&P 500’s return is similar when the 10-year Treasury yield is high or low. Read More Here’s who’s been trading crypto, and how they’re doing A new study finds that most people who entered the cryptocurrency market have lost money — and that those people are young men. Read More BlackRock sees these thematic ETFs potentially outperforming in 2023 In this week’s ETF Wrap, MarketWatch spoke with BlackRock’s Jay Jacobs on investing themes he likes for 2023 as investors worry about a slowing economy and monetary tightening. Read More Three seasonal effects in the stock market begin around T...
Post a Comment
Read more

Four months until SACSCOC visits Auburn: Four things you might not know about SACSCOC – Office of Communications and Marketing

Notice body There’s less than four months remaining until Auburn University’s accrediting body, the Southern Association of Colleges and Schools Commission on Colleges, or SACSCOC, arrives for its on-site visit. As the Accreditation team prepares for the on-site phase of the reaffirmation process, we want to share four things you might not know about SACSCOC: 1. SACSCOC is self-governed by the accredited institutions SACSCOC’s Principles of Accreditation requires a model of shared governance of its member institutions and holds itself to the same standards. The Commission on Colleges is operated by the SACSCOC Board of Trustees. The 77 Board members are elected by the College Delegate Assembly, or CDA, which is comprised of one voting representative from each of the 780 SACSCOC-accredited institutions. Each representative is the president or other chief executive of their respective college or university. In other words, the election of SACSSCOC’s leadership is in the hands of its ...
Post a Comment
Read more

5 YouTube features to use to boost engagement – Sprout Social

When you want to explore a new hobby or learn something new, where do you go? The answer is probably “YouTube.” The second-most popular social platform has come a long way since the “Charlie bit my finger” days. And new YouTube features are making it even more beneficial to marketers and creators—YouTube Shorts topped 1.5 billion monthly users in just two years. With 51% of consumers anticipating YouTube will be one of the social media platforms they use most this year, it’s a digital space your audience most likely uses. But with 500+ hours of content uploaded to YouTube every minute, high popularity also means high competition. Whether you’re new to YouTube or conducting a YouTube audit , using some of these features can help you stay ahead, grow your audience and give your channels a boost. 5 free YouTube features you need to use more often To help your audience find your videos in YouTube and Google search alike, you need to use the right tools. From underused YouTube sear...
Post a Comment
Read more