This podcast has been one of our best performing. Not a surprise, Simon Denyer is one of the smartest guys in the room.
Part of the conversation was about betting.
A question I've asked a few times on the podcast is about where betting sits in the private equity playbook.
I was struck by how bullish George Pyne was on TGL, and how explictly he referenced it as a potential betting product.
The p/e money likes betting for semi-obvious reasons to do with risk diversification and revenue predictability.
As Denyer notes, when evaluating sports investments,
