>Picking winners

The LTA has got in to bed with Redrice Ventures.

#venturecapital #sportinvesting #startups #sportsbusiness | Tom March | 76 comments
I’m proud to announce our partnership with the Lawn Tennis Association (LTA), a significant milestone for the Redrice Ventures Sports Collective, led by Sir Andy Murray and Alistair Brownlee OBE. Together, we’ll explore new opportunities across sport, media and technology to help grow the game, support players, and create even better experiences for fans. Consumer behaviour is changing, with an increasing share of time and spend moving towards health, wellness and sport. We believe these categories represent some of the most compelling long-term opportunities, driven by shifts in technology and lifestyles. By bringing together the LTA’s sporting expertise with the Redrice Sports Collective’s team of athletes, operators and investors, we have a unique opportunity to help accelerate the LTA’s mission and unlock new possibilities for the future of the game. A huge thank you to William Jackson, Scott Lloyd and Jennifer Ren at the LTA for your support. We couldn’t be more excited to be working together. Onwards team: Jonathan, Robert, Giles, Andrew, Gabbie, Claudia and Helen #venturecapital #sportinvesting #startups #sportsbusiness | 76 comments on LinkedIn

Redrice is best known as an early stage investor in Castore.

It's OPM seems to come largely from the British Business Bank.

British Business Bank commits £45M to Redrice Ventures’ £75M fund II
The capital will be used to fund early-stage consumer brands, help them scale, and attract further investment.

>Too big to care

Lina Khan's phrase, mentioned by Doctorow on Jon Stewart.

@weeklyshowpodcast

Is there hope for breaking up giant monopolies? Cory Doctorow, author of “The Reverse Centaur's Guide to Life After AI,” thinks we’re well positioned to take on these companies. New podcast out now!

♬ original sound - The Weekly Show Podcast

>'Very large shoes to fill'

Lovely piece by John Simpson, the outgoing home affairs editor of The Observer. It's about his relationship with journalism and is a raw and impactful bit of writing. Contains a nice WCW reference:

“It is difficult
to get the news from poems
Yet men die miserably every day
for lack
of what is found there.”

William Carlos Williams 

from “Asphodel, That Greeny Flower”

Also, great gag in Private Eye: