Where Losers Go To Win
About this episode
Spotify
Apple PodcastsAfter losing his shirt on sports betting sites DraftKings and FanDuel, Adam Weinstein decided to flip the script on daily fantasy sports and give everyone a better shot at winning. He’s changing things up using prop bets instead of traditional fantasy teams. But the question remains: Is this a gamble investors are willing to take?
Today's investors are Sarah Downey, Michael Hyatt, Charles Hudson and Phil Nadel.
The Panel
Forefront Venture Fund
“When I'm investing, I'm looking at it strictly as a return on investment.”
“Necessity is the mother of all invention. You've invented this because you want to solve a problem that you had. That's exactly where great businesses all start.”
“Is this risky? Hell yeah. But I'm willing to take a risk on somebody who will jump in a car in LA and go for it.”
The Founder
Adam Weinstein is a startup founder who pitched a daily fantasy sports app on The Pitch podcast. The app reworks daily fantasy sports by using prop bets instead of traditional fantasy teams, aiming to give players a better shot at winning. Weinstein launched the company after losing money on sports betting sites including DraftKings and FanDuel. He pitched investors Sarah Downey, Michael Hyatt, Charles Hudson, and Phil Nadel.
