Heat Checks

IoT’s Impact on the Sports Economy

By 2030, the IoT industry is anticipated to be a multi-trillion dollar industry, with applications spanning across a wide array of verticals. One of those verticals? The sports industry. From smart stadiums, to connected fitness and exercise, to commerce, IoT and the connectivity of devices has the ability to fundamentally change industries.

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Peloton & the Path to Mental Fitness

Connected fitness companies along with larger technology firms have all placed an emphasis on mental health and and more specifically mental fitness. Peloton’s partnership with Delta is just the most recent example of this burgeoning trend.

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SoftBank Doubles Down on Sports

SoftBank’s Vision Fund 2 has placed and emphasis on sports and entertainment companies. The $100 billion fund is making larger bets in the space than with their previous fund.

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A16z Announces New Gaming Fund

It was reported by Business Insider on September 24th that the venture capital firm Andreesen Horowitz (“A16z”) is raising a new fund dedicated solely to gaming. The announcement comes on the heels of the firm raising its largest ever sector specific fund – its $2.2 billion Crypto III fund.

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