An expert perspective on Sports Tech and Investment Trends with DrakeStar #230

Continuing the Global Sports Tech VC Report series, the
SportsTech Allstars presents: Mohit Pareek, Principal at 
DrakeStar Partners





In this episode, we discuss Mohit's journey in the advisory
space, recent transactions in sports tech, and the current state
of the market as it transitions into 2024. The conversation
highlights the importance of profitability for startups, the
dynamics of middle market transactions, and the exciting areas of
innovation within sports tech, including fan engagement and AI.
Mohit shares insights on the future of DrakeStar and the sports
tech industry as a whole.





Takeaways




2024 is seen as a transition year for the sports tech
industry.




M&A activity in sports tech is at an all-time high.




Profitability is crucial for startups seeking acquisition.




Fan engagement is a key area of innovation in sports tech.




Middle market transactions are increasingly important in the
sports sector.




The sports tech industry is experiencing a surge in
investment and interest.




AI and analytics are transforming the sports media landscape.




DrakeStar is committed to supporting innovative sports tech
companies.







To learn more, visit: https://www.drakestar.com/ 





Get in touch with Mohit Pareek at:
https://www.linkedin.com/in/mohitpareek/





Hosted by ⁠Rohn Malhotra⁠ from ⁠SportsTechX⁠ - Leading source of
Data & Insights about SportsTech startups and the surrounding
ecosystem.





Download the 2024 Global Sports tech VC Report here:
sportstechx.com/reports/gstvcr24





Sign Up for the Sports Tech Weekly Newsletter for more news,
features & insights on Sports Tech:
https://newsletter.sportstechx.com/





Chapters


00:00 Introduction


03:45 Mohit's Journey in Sports Tech


06:41 Recent Transactions in Sports Tech


09:29 2024: A Year of Transition


12:45 Importance of Sports Tech in M&A


15:44 Focus on Mid-Market Transactions


18:20 Profitability and Valuation Trends


21:26 Exciting Areas in Sports Tech


24:25 Future Outlook for Drake Star


27:28 Favorite Sporting Moments