The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

  • PT Aneka Tambang Tbk : ANTAM Gold Commodity Recorded Positive Performance Growth During the First Five Month Period of 2022

  • Geometrical-PAL receives strategic investment from SAE International

  • Skills crisis deepens with record job vacancies

  • Euro under pressure as inflation fears send investors to dollar haven

Investment
Home›Investment›Joe and Clara Tsai join Kevin Durant in Just Women’s Sports investment

Joe and Clara Tsai join Kevin Durant in Just Women’s Sports investment

By Megan
June 9, 2022
5
0
Share:

A year after Kevin Durant and his business partner, Rich Kleiman, invested in Just Women’s Sports, site whose mission is self-explanatory, he’s being joined by Joe and Clara Wu Tsai via their family investment vehicle, Blue Pool Capital.

The announcement came Thursday in a press release.

Just Women’s Sports, the leading media platform dedicated exclusively to women’s sports, today announced that it has raised $6 million from new and returning investors.

The funding round was led by Blue Pool Capital, Alibaba co-founder Joe Tsai’s family office.

As the release notes, the Tsais are being joined in what is the second round of investment by both high profile women athletes, past and present, and other sports and entertainment companies and individuals.

New investors include tennis icon Billie Jean King; Washington Spirit owner Michele Kang; Bolt Ventures, the family office of financier and team owner David Blitzer; SC Holdings, a strategic entertainment investor that’s backed The SpringHill Company and Front Office Sports; Revolution’s Rise of the Rest Seed Fund; Muse Capital; Dapper Labs, the leading sports NFT platform; and other institutional and angel investors.

“The business case for women’s sports has never been clearer, and Just Women’s Sports is positioned to be the leading media platform in the space,” said Tsai and and his wife in a statement. “We’re thrilled to partner with them as they enter this next phase of growth.”

A year ago, in a $3.5 million round of investment, Thirty-Five Ventures, KD and Kleiman’s company, was among the most prominent companies to get in early.

“Just Women’s Sports is creating a much-needed platform centered around game and player highlights and analysis that shows fans exactly how good these players are and why they’re worth watching,” said Durant at the time.

He was joined in that round of investment by other high-profile women athletes, big names like two-time WNBA MVP Elena Delle Donne and reigning league scoring champion Arike Ogunbowale, women’s hockey icon Hilary Knight, as well as USWNT World Cup Champions Kelley O’Hara and Sam Mewis.

Haley Rosen, who played soccer at Stanford, is the founder and CEO of the site. In Thursday’s announcement, she talked about how the Tsais’ investment would help the two-year-old site develop further.

“Two years ago, we saw a massive opportunity to tap into an audience that was extremely underserved by traditional media,” said Rosen. “We knew the on-field product was great, and that women’s sports just needed better coverage and smarter marketing to truly break into the mainstream. This latest round of funding gives us the resources to cement our status as the leading platform in the space.”

Durant already had a connection to the New York Liberty when he and Kleiman made their original investment in Just Women’s Sports. Beyond being a fan and sitting with the Tsais at Liberty games, Thirty-Five Ventures signed New York’s star guard Sabrina Ionescu as a “ambassador” to women’s sports. She works with Boardroom on content, events, and editorial, including a collaboration with Durant.

Women’s sports, of course, is a growing business with both the WNBA and the National Women’s Soccer League having seen growing interest — and attendance. Tsai bought control of the Liberty in early 2019 from James Dolan and MSG Sports, reportedly for nothing more than an assumption of Liberty debt and an agreement to share revenue once the team began to make a profit.

Joe Tsai is also partners with Steve Nash in his start-up professional box lacrosse team, the Las Vegas Desert Dogs.

Source link

Previous Article

Malcolm Roberts says a rule change at ...

Next Article

LUSIX Completes $90 Million Investment Round from ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Investment

    Shuttered Muskegon Twp. factory could bring huge investment

    June 29, 2022
    By Megan
  • Investment

    Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds – TechCrunch

    June 8, 2022
    By Megan
  • Investment

    “Real estate has always been a good investment…” Terre Haute housing market remains strong despite inflation concerns | News

    June 23, 2022
    By Megan
  • Investment

    Charleston, South Carolina Real Estate Investments – Current Investment Listings and Market Data

    May 26, 2022
    By Megan
  • Investment

    AGNC Investment Corp. (NASDAQ:AGNC) Declares Jun 22 Dividend of $0.12

    June 9, 2022
    By Megan
  • Investment

    Michigan Rise Pre-Seed Fund III Makes 50th Startup Investment

    June 6, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Financial Market

    Analysis: Market meltdown lays bare Europe’s divisions

  • Investment

    25 Stocks Former Wall Street Investment Manager Peter Lynch Would Like

  • Gold and Precious Metals

    5 Genius Ways to Make $5,000 Fast

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • June 30, 2022

    Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

  • June 30, 2022

    PT Aneka Tambang Tbk : ANTAM Gold Commodity Recorded Positive Performance Growth During the First Five Month Period of 2022

  • June 30, 2022

    Geometrical-PAL receives strategic investment from SAE International

  • June 30, 2022

    Skills crisis deepens with record job vacancies

  • June 30, 2022

    Euro under pressure as inflation fears send investors to dollar haven

Best Reviews

Latest News

Stock Shares

Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

AutoNation, Inc. (NYSE:AN – Get Rating) major shareholder Edward S. Lampert sold 4,587 shares of AutoNation stock in a transaction dated Monday, June 27th. The stock was sold at an ...
  • PT Aneka Tambang Tbk : ANTAM Gold Commodity Recorded Positive Performance Growth During the First Five Month Period of 2022

    By Megan
    June 30, 2022
  • Geometrical-PAL receives strategic investment from SAE International

    By Megan
    June 30, 2022
  • Skills crisis deepens with record job vacancies

    By Megan
    June 30, 2022
  • Euro under pressure as inflation fears send investors to dollar haven

    By Megan
    June 30, 2022
  • Recent

  • Popular

  • Comments

  • Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

    By Megan
    June 30, 2022
  • PT Aneka Tambang Tbk : ANTAM Gold Commodity Recorded Positive Performance Growth During the First ...

    By Megan
    June 30, 2022
  • Geometrical-PAL receives strategic investment from SAE International

    By Megan
    June 30, 2022
  • Skills crisis deepens with record job vacancies

    By Megan
    June 30, 2022
  • Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

    By Megan
    June 30, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Stock Shares

    Insider Selling: AutoNation, Inc. (NYSE:AN) Major Shareholder Sells 4,587 Shares of Stock

    AutoNation, Inc. (NYSE:AN – Get Rating) major shareholder Edward S. Lampert sold 4,587 shares of AutoNation stock in a transaction dated Monday, June 27th. The stock was sold at an ...
  • Gold and Precious Metals

    PT Aneka Tambang Tbk : ANTAM Gold Commodity Recorded Positive Performance Growth During the First ...

    Jakarta, June 29, 2022 – PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM) member of Mining Industry Indonesia (MIND ID) – the State-Owned Enterprise Holding of the Mining Industry ...
  • Investment

    Geometrical-PAL receives strategic investment from SAE International

    Beijing (Gasgoo)- Shanghai-based intelligent driving developer, Geometrical-PAL (G-PAL), recently closed a new strategic investment round exclusively funded by SAE International (SAE). Photo credit: G-PAL After the investment, SAE and G-PAL will strengthen ...
  • Australian Economy

    Skills crisis deepens with record job vacancies

    NATO has accused Beijing of conspiring with Moscow to subvert the international rules-based order, as part of a new 10-year blueprint that identifies China as a global threat, and brands ...
  • Financial Market

    Euro under pressure as inflation fears send investors to dollar haven

    Woman holds U.S. dollar banknotes in front of Euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE/HONG KONG, ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.