Transcript
hello i'm shafine diamond the ceo of victory square technologies victory square is a global tech accelerator focused on investing in the best and brightest entrepreneurs from around the world we are founded to fill the early stage investment gap for a broad range of investors providing venture capital investment access to the next generation of tech companies in digital health web 3 gaming the creator economy nfts the metaverse and more in an audited transparent and liquid investment vehicle effectively democratizing access to the next generation of best startups in today's video i'll share three recent portfolio companies that we've spun off i'll also highlight three top sectors that we're focused on and i'll close with some upcoming catalysts for the first half of this year the first spinoff i'll discuss is fans unite fans unite is a global sports and entertainment company in 2017 we acquired 100 of fans unite for 2 million because we saw three major trends happening in the sports betting industry first the u.s market was opening up to regulated online betting two the emergence of esports betting and third the intersection of crypto and gaming in addition to the opportunity fans unite checked off a number of key boxes on our investment criteria great entry point exceptional founder and team and a strong product market fit and after 36 months of incubating fans we spun it out in 2020 at a 25 million valuation it hit a high of 325 million in 2021 and has since raised just under 50 million dollars and more recently they acquired american affiliate accelerating entry into the us gaming market the second company game on is a leading technology game provider to media sports and entertainment companies we acquired 100 of game on for 3.5 million dollars in 2020 because we saw three major trends happening in the gaming space one nft games on the blockchain were on the rise two we saw the increase in play to earn gaming and the rise of social gaming in general in addition to the opportunity game on checked off a number of key boxes on our investment criteria again great entry point exceptional founder and team specifically the chairman of game on is also on the board of take two interactive and the head of product for game on built nba top shots for dapper labs the third really big uh box that came on check was distribution game on came out of the techstars comcast accelerator in philadelphia which gave game on access to pilot its product to all of comcast's subscribers we spun off game on in 2021 at a 15 million valuation and the company has since achieved a number of significant milestones such as partnerships with mx player which has over 280 million users globally partnered up with leading blockchain polygon and has also received investment the times group which is india's largest media conglomerate the third company fantasy 360 technologies is an industry leader in social entertainment virtual and augmented reality and the metaverse fantasy 360 was a wholly owned subsidiary that was actually built from scratch in victory square for under a million dollars and we saw huge potential not only in the virtual augmented reality space but we saw a big big movement in social immersive vr experiences and vr games specifically hardware content and operating system in addition to the opportunity that we saw in that industry fantasy 360 checked off a number of key boxes as part of our investment criteria again great entry point because we built the company from scratch an experienced team and board so as an example the chairman of fantasy 360 is also the president of htc china and the business development lead lead previously led the expansion of chuck e cheese espn zone and tokyo disneyland fantasy 360 also built great product and have unique ip the company's list of clients include intel fair ebay allegiant airlines amongst others in 2021 we spun the asset out at a 24 million valuation and recently the company has been in the news as they launched the world's first location-based metaverse platform and they just completed a very strategic acquisition of synthesis vr a technology engine empowering about 300 out of home entertainment locations worldwide with over 17 million minutes played in 2021 sector-wise the top three sectors that victory square is currently focused on are digital health climate tech and web 3. we're focused on these three sectors not only because we believe these sectors have the potential for asymmetric returns but we also have a competitive advantage and in some cases an unfair advantage in these sectors with digital health the pandemic has not only accelerated technology innovation and adoption and healthcare but it has also exposed many weaknesses and areas for improvement telehealth is no longer considered a luxury but an integral part of a healthcare strategy remote healthcare is here to stay and healthcare professionals need to invest in a proper technology to remain relevant in an ever-evolving virtual care world this includes ensuring that patients have the same quality visits in a virtual setting as they would in a doctor's office we currently have live projects focused on telehealth at home testing chronic care mental health as well as pet health with climattech much of the innovation in the next decade ahead must be directed towards solving a climate emergency the crisis endangers the world and every living thing in it however climate isn't just an environmental issue it's an economic issue stopping it will demand trillions of dollars in investment across many sectors and commandeer as much ingenuity as humanity can muster clean energy and decarbonization will bring enormous economic rewards for companies that can build solutions victory square sees enormous potential in climate tech as these innovations transcend sectors and become woven into the fabric of our daily lives the stakes in the market opportunities are enormous victory square currently has live projects in education renewables solar ev charging and carbon credits with web 3 we expect to invest a higher percentage of our time in web3 projects protocols and companies we're extra extremely bullish on everything web3 from nfts d5 dals social tokens play to earn in the metaverse however we are aware it's still the early stages of this era of internet victory square is currently working on projects and nfts dials play to earn games the metaverse d5 and creator coins and social tokens on deck we have a number of major catalysts upcoming for the first half of this year um specifically around the portfolio companies that are being spun off in 2020 we had one spin-off which was fans unite in 2021 we had two companies spin off game on and fantasy 360. and in 2022 we're anticipating four companies to be publicly listed those companies are stardust solar creator.co ternium technology group and copilot this will further validate the victory square business model add to our successful track record strengthen our balance sheet and unlock value to continue building a pipeline of new opportunities in conclusion victory square is democratizing access to the next generation of startups in an audited transparent and liquid investment vehicle where management is invested alongside its shareholders and realizes the exact same returns the positions discussed in this video and our outlook and expectations for catalyst in 2020 2022 directly exhibit our superior access and process framework combined with our management involvement from incubation through to money monetization while investing in startups is riskier we believe fully in a diversified portfolio and our well-constructed embedded management process creates an investment offering in bst that is a welcomed addition to anyone's portfolio allocation and will yield significant risk return benefits long term in closing i'd like to invite you to our webinar that will be held on february 17 2022 this will be a q a focused event where i'll speak for the first 20 minutes or so and then open up for questions we very much appreciate your interest in victory square and look forward to a very bright and catalyst build 2022. as always please feel free to reach out to us with any questions in the interim good luck with your investments please stay safe and healthy and have a great day
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