Sue Yoxall, co-founder of mkodo, discusses meeting the increased demand for digital entertainment and servicing new markets such as the US and Germany.
It took Ahron Cohen a few months to figure out his next move after leaving the Arizona Coyotes as its president and CEO in May. All he knew was that he âwanted to do interesting things with interesting people,â he said.
Becoming a venture partner at ADvantage Sports Tech Fund, a fund focused on growing sports-focused technology companies, fit the bill.
ADvantage is a joint venture between OurCrowd, billed as Israelâs most active venture investor, and LeAD, a startup accelerator initiated by the grandchildren of Adidasâ founder Adi Dassler.
As a partner, Cohen hopes âto provide meaningful operational support to a growing portfolio of highly innovative technology companies, side-by-side with some of the industryâs leading investors,â he said, via email.
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BOSTON, Feb. 26, 2021 (GLOBE NEWSWIRE) DraftKings Inc. (NASDAQ:DKNG) ( DraftKings or the Company ) today reported fourth quarter and full-year 2020 financial results.
Fourth Quarter 2020 Highlights
For the three months ended December 31, 2020, DraftKings reported revenue of $322 million, an increase of 146% compared to $131 million during the same period in 2019. After giving pro forma effect to the business combination with SBTech (Global) Limited ( SBTech ) and Diamond Eagle Acquisition Corp. which was completed on April 23, 2020, as if it had occurred on January 1, 2019, revenue grew 98% compared to the three months ended December 31, 2019. With a favorable fourth quarter sports calendar and strong marketing execution, DraftKings was able to generate tremendous customer acquisition and engagement that propelled us to $322 million in fourth quarter revenue, a 98% year over year increase, said Jason Robins, DraftKings co-founder, CEO and Chairman of the Board. I
Pinterest (NYSE:PINS) are three growth stocks that have a long runway ahead of them. Each is only beginning to tap the market opportunity in front of them.
Chegg is positioning itself to benefit from what it says is the inevitable shift to online learning. DraftKings is a leading player in an expanding daily fantasy sports market and is expanding its products as states become friendlier toward online sports wagering. And Pinterest is benefiting from the increasing advertising that is allocated to digital formats. Here is why these three growth stocks can continue increasing revenue and customers for several years.