Yolo Investments Firm Makes First Portfolio Exit With 5.8x ROI
PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio. General Partner and Founder of Yolo Investments Tim Heath said: “This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.” The....
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PRESS RELEASE. Tallinn-based venture capital fund Yolo Investments has announced a new investment in digital marketing company eCartic. 18th February 2021, Tallinn, Estonia – Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic. The Estonian-based investment is a global B2B partner for disruptive companies within the eCommerce value-chain. It successfully scales across a number of verticals, turning ideas into products by using its expertise in digital marketing and branding. It also builds and markets B2C....
Binance, the world’s largest cryptocurrency exchange, has announced its full exit from Russia with a sale to a newly launched exchange. This move comes as a response to the firm’s compliance issues related to Western sanctions imposed on Russia. In August, Binance began considering an exit from the Russian markets following reports of its continued […]
Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them. Pundits have dubbed this movement of fulfilment-seeking workers and their money the ‘YOLO economy’. Cryptocurrency, now able to bring its promise of financial freedom to the masses via […]
Fed up with lockdown life, under-employed or overworked, many people are ditching their old routines and risking it all to pursue what is really important to them. Pundits have dubbed this movement of fulfillment-seeking workers and their money the ‘YOLO economy’. Cryptocurrency, now able to bring its promise of financial freedom to the masses via […]
MGT Capital Investments, Inc. (NYSE MKT: MGT) has announced it has appointed angel investor Roger Ver as the chairman of the company’s “Cryptocurrency Advisory Board.” MGT Capital Investments is a cyber security portfolio firm dedicated to this growing industry and led by antivirus software mogul John McAfee. Roger Ver and Bryan Seely Join the MGT Investments. MGT Capital is aimed to address cyber security threats with its portfolio companies dedicated to solving issues with viruses, malware, ransomware, and many more attacks found online. The firm is currently in the process of acquiring....