#57 Where Losers Go To Win
After 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.
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Investor on The Pitch
Michael Hyatt is a serial entrepreneur and active investor. He is the co-founder of BlueCat, (acquired by Madison Dearborn Partners), and previously co-founded Dyadem (acquired by IHS). He currently serves as a Director of BlueCat and is also a weekly business commentator on CBC, is the Host of “Business Unplanned”, a podcast to help small businesses.
Investor on The Pitch Seasons 2–14
Charles Hudson is the Managing Partner and Founder of Precursor Ventures, an early-stage venture capital firm focused on investing in the first institutional round of investment for the most promising software and hardware companies. Prior to founding Precursor Ventures, Charles was a Partner at SoftTech VC. In this role, he focused on identifying investment opportunities in mobile infrastructure.
