🎙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

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