Sapphire Ventures' New $115 Million Fund Draws Big Sports Backers

Sapphire Sport is a $115 million fund investing in early-stage startups at the intersection of sports, media, entertainment, and technology. The fund collaborates with major US sports leagues to enhance consumer engagement through technology. The discussion highlights the challenges and opportunities in media asset management, the potential of AR and VR, and innovative business models like Fevo. Sapphire aims to fill a gap in the VC landscape by focusing on early-stage investments, leveraging its unique position and partnerships.

What is the main focus of the $115 million fund mentioned in the text?

How do the sports entities aim to connect with consumers according to the discussion?

What challenges does Disney face regarding the sale of regional sports networks?

In what ways might technology disrupt the value of local sports rights in the future?

What example is given of a business that understands the shift beyond traditional sports?

What parallels are drawn between AR/VR and the past experiences with 3D in media?

How does the presence of City Football Group influence the investment strategy discussed?