Feb. 13, 2019

#57 Where Losers Go To Win

#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.

Phil Nadel Profile Photo

Phil Nadel

Investor on The Pitch

Phil Nadel is the Founder and Managing Director of Forefront Venture Partners, one of the largest syndicates on AngelList. He has started and sold several companies and has invested in more than 200 startups with several exits.

Michael Hyatt Profile Photo

Michael Hyatt

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.

Charles Hudson Profile Photo

Charles Hudson

Investor on The Pitch

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.

Sarah Downey Profile Photo

Sarah Downey

Investor on The Pitch

Sarah Downey is Operating Partner at Accomplice VC, and a Co-Founder of Yubari Angel Fund. She likes to invest in things that feel like they’re out of sci-fi and video games, like augmented/virtual reality and AI.