Sharp Alpha Advisors' Lloyd Danzig on closing Fund II
Description
This morning, Sharp Alpha Advisors – the New York-based venture capital firm which specializes in sports, gaming and entertainment – announced the closing of Sharp Alpha Fund II, an oversubscribed $250-million VC fund investing in early-stage businesses. Lloyd Danzig, the managing partner of Sharp Alpha Advisors, joined the Gaming News Canada Show from Dallas to provide more details around the breaking news.
He also spoke about the flurry of M&A activity so far in 2024, including the acquisition of Quarter4 by FairPlay Sports Media Group, and what’s motivating those transactions, and what investors are looking for when it comes to providing funding to companies in the sports, gaming and entertainment spaces. And, what excites him about the innovation and products appearing in the world of sports wagering and online gaming these days.
Danzig, who will be speaking at next month’s Canadian Gaming Summit in Toronto, also addressed the opportunities north of the border.
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