The Mannings Give TV Sports Yet Another Alternate Viewing Option

ESPN has the quarterbacks Peyton and Eli Manning. CBS has the slime and SpongeBob allure of Nickelodeon. A boxing upstart even got Trump. For viewers, it’s ever more options beyond just watching the game.

#abc-inc, #amazon-com-inc, #athletics-and-sports, #cbs-corporation, #espn, #espn2, #football, #manning-eli, #manning-peyton, #national-broadcasting-co, #national-football-league, #television, #video-recordings-downloads-and-streaming

What We Learned From Week 2 of the N.F.L. Season

Bill Belichick sees a path toward making the Patriots a dynastic contender again, the Cowboys’ talent got a chance to shine, and Sam Darnold looks … happy.

#allen-josh-1996, #belichick-bill, #buffalo-bills, #carolina-panthers, #carr-derek, #chicago-bears, #cincinnati-bengals, #cleveland-browns, #coaches-and-managers, #darnold-sam-1997, #denver-broncos, #football, #indianapolis-colts, #jacksonville-jaguars, #jones-mac-1998, #las-vegas-raiders, #los-angeles-rams, #mayfield-baker-1995, #miami-dolphins, #national-football-league, #new-england-patriots, #new-orleans-saints, #new-york-jets, #pittsburgh-steelers

Carl Nassib Made History, but Also a Big Play

Last week Nassib, 28, became the first openly gay player to compete in an N.F.L. game. Teammates, the news media and observers casually noted the feat, then cheered his game-changing play.

#baltimore-ravens, #carr-derek, #espn, #football, #homosexuality-and-bisexuality, #institute-for-diversity-and-ethics-in-sport, #las-vegas-raiders, #nassib-carl-1993, #national-football-league, #records-and-achievements, #trask-amy, #trevor-project

The N.F.L.’s New Play: Embrace Betting Ads, Watch the Money Pour In

The placement of gambling ads during football game broadcasts shows how much the N.F.L. has changed in its approach toward gambling.

#advertising-and-marketing, #casinos, #cbs-sports, #draftkings-inc, #fanduel-com, #fans-persons, #football, #gambling, #national-football-league, #television, #wynn-resorts-ltd

Should You Boycott the N.F.L.?

Football is giving players brain damage. Is it time to stop watching?

#audio-neutral-informative, #college-football-playoff-national-championship, #concussions, #goodell-roger, #national-football-league

NFL Bull Market Benefits T.J. Watt and Other Pass Rushers

N.F.L. teams are in an ever-escalating arms race to generate maximum pressure on opposing quarterbacks. The Steelers pass rusher T.J. Watt and other QB maulers benefit from the demand.

#brady-tom, #buffalo-bills, #draft-and-recruitment-sports, #football, #free-agents-sports, #mahomes-patrick-1995, #national-football-league, #pittsburgh-steelers, #watt-t-j-1994

What We Learned From Week 1 of the N.F.L. Season

The Steelers won a reminder game over the Bills, Russell Wilson roasted the Colts, and Jalen Hurts looked unstoppable against the Falcons.

#allen-josh-1996, #atlanta-falcons, #buffalo-bills, #football, #houston-texans, #hurts-jalen-1998, #kingsbury-kliff, #national-football-league, #philadelphia-eagles, #pittsburgh-steelers, #roethlisberger-ben, #san-francisco-49ers, #seattle-seahawks, #smith-schuster-juju-1996, #tomlin-mike, #watt-t-j-1994, #wilson-russell-1988

Sport’s Post-9/11 Patriotism Seen as Unifier, and ‘Manipulation’

The jingoism at sporting events that temporarily surged during the Gulf War and roared back after Sept. 11 now often drives wedges, but sports leagues want it to stay.

#athletics-and-sports, #baseball, #engelbert-catherine, #kerr-steve, #major-league-soccer, #major-league-baseball, #national-basketball-assn, #national-football-league, #new-york-mets, #new-york-yankees, #selig-bud, #september-11-2001, #silver-adam-1962, #terrorism, #united-states-national-anthem-protests-2016, #womens-national-basketball-assn

Will Deshaun Watson Play Football This Season?

Twenty-two women have filed civil lawsuits in Texas accusing the quarterback of a pattern of coercive and lewd behavior.

#buzbee-tony-g, #football, #friel-lisa-m, #hardin-rusty, #houston-texans, #massage, #national-football-league, #police-department-houston-tex, #sex-crimes, #sexual-harassment, #suits-and-litigation-civil, #watson-deshaun-1995, #women-and-girls

NFL Week 1 Picks Against the Spread and Predictions

Dak Prescott vs. the Bucs’ pass rush, dueling Alabama quarterbacks and a rematch of January’s Browns-Chiefs playoff game make for a compelling start to the regular season.

#adams-jamal-1995, #allen-josh-1996, #anderson-robby-1993, #barkley-saquon-1997, #beckham-odell-jr, #bridgewater-teddy, #brown-a-j-1997, #burrow-joe-1996, #cleveland-browns, #clowney-jadeveon, #coaches-and-managers, #dallas-cowboys, #darnold-sam-1997, #fields-justin-1999, #football, #goff-jared-t-1994, #green-bay-packers, #jackson-lamar-1997, #james-derwin-1996, #jones-daniel-1997, #jones-julio-1989, #jones-mac-1998, #kansas-city-chiefs, #lawrence-trevor-1999, #mahomes-patrick-1995, #miller-von, #national-football-league, #new-orleans-saints, #prescott-dak-1993, #rodgers-aaron, #stafford-matthew, #tagovailoa-tua, #tampa-bay-buccaneers, #wilson-zach-1999, #winston-jameis

The N.F.L. Made Some Changes Since the Last Time You Watched

Unfamiliar jersey numbers, penalties for anything that seems like trash-talking, gambling everywhere. These changes will incite double takes this season.

#football, #gambling, #hoyer-brian, #national-football-league, #officiating-sports, #television, #uniforms, #video-recordings-downloads-and-streaming

Rah, Rah, Room for Improvement

The Jets and Giants have dismal recent histories pocked by playoff misses and last-place finishes. With new hires and draft picks, and healthy contributors, the only way to go in 2021 is up.

#barkley-saquon-1997, #carolina-panthers, #coaches-and-managers, #crowder-jamison, #dallas-cowboys, #football, #jones-daniel-1997, #judge-joe-1981, #national-football-league, #new-york-giants, #new-york-jets, #saleh-robert-1979, #toney-kadarius, #wilson-zach-1999

NFL Quarterbacks Want Their Voices Heard

From Aaron Rodgers to Tom Brady to Patrick Mahomes, quarterbacks are trying to push football’s status quo. The results have lagged behind stars’ achievements in other sports.

#brady-tom, #football, #free-agents-sports, #george-floyd-protests-2020, #mahomes-patrick-1995, #national-football-league, #rodgers-aaron, #wages-and-salaries

Which A.F.C. Teams Could Challenge Patrick Mahomes and the Chiefs?

The Kansas City Chiefs fortified their offensive line in pursuit of another championship, but the Bills, Browns and a bevy of first-year starters should shake up the order.

#allen-josh-1996, #american-football-conference, #baltimore-ravens, #belichick-bill, #berry-andrew-1987, #bridgewater-teddy, #buffalo-bills, #burrow-joe-1996, #cincinnati-bengals, #cleveland-browns, #clowney-jadeveon, #coleman-tevin-1993, #culley-david, #denver-broncos, #draft-and-recruitment-sports, #fitzpatrick-ryan, #football, #garrett-myles-1995, #gruden-jon, #herbert-justin-1998, #houston-texans, #indianapolis-colts, #jacksonville-jaguars, #james-derwin-1996, #jones-julio-1989, #jones-mac-1998, #kansas-city-chiefs, #khan-shahid-1950, #las-vegas-raiders, #los-angeles-chargers, #mayfield-baker-1995, #meyer-urban, #miami-dolphins, #national-football-league, #nelson-quenton-996, #new-england-patriots, #new-york-jets, #pittsburgh-steelers, #roethlisberger-ben, #saleh-robert-1979, #tennessee-titans, #wilson-zach-1999

Can Anyone in the N.F.C. Stop Tom Brady and the Bucs From Repeating?

Tampa Bay returns much of its Super Bowl-winning roster, but Aaron Rodgers and Davante Adams have Jordan-and-Pippen-style title dreams for Green Bay.

#adams-davante-1992, #adams-jamal-1995, #arizona-cardinals, #atlanta-falcons, #barkley-saquon-1997, #brady-tom, #carolina-panthers, #chicago-bears, #dallas-cowboys, #detroit-lions, #draft-and-recruitment-sports, #elliott-ezekiel-1995, #football, #gallman-wayne-jr-1994, #green-bay-packers, #hurts-jalen-1998, #jones-daniel-1997, #los-angeles-rams, #mcvay-sean-1986, #minnesota-vikings, #national-football-conference, #national-football-league, #new-orleans-saints, #new-york-giants, #payton-sean, #philadelphia-eagles, #rodgers-aaron, #ryan-matt-1985, #san-francisco-49ers, #seattle-seahawks, #tampa-bay-buccaneers, #toney-kadarius, #washington-redskins, #williams-leonard-1994, #winston-jameis

N.F.L. Will Allow Six Social Justice Messages on Players’ Helmets

The decals, with messages such as “Stop Hate” and “Black Lives Matter,” are part of the league’s efforts to show solidarity with players who have protested against racism and police brutality.

#black-lives-matter-movement, #black-people, #football, #george-floyd-protests-2020, #kaepernick-colin, #national-football-league, #national-football-league-players-assn, #united-states-national-anthem-protests-2016

Keith McCants, Football Star Laid Low by Drugs, Dies at 53

At one time the N.F.L.’s highest-paid defensive player, he left the league after six seasons and fell into a spiral of addiction, homelessness and desolation.

#deaths-obituaries, #draft-and-recruitment-sports, #drug-abuse-and-traffic, #football, #mccants-keith, #national-football-league, #pain-relieving-drugs, #sports-injuries, #tampa-bay-buccaneers

At Least 10 of Deshaun Watson’s Accusers Have Filed Police Reports

The women said Deshaun Watson, the Houston Texans quarterback, sexually assaulted them or touched them inappropriately.

#buzbee-tony-g, #federal-bureau-of-investigation, #football, #hardin-rusty, #harris-county-tex, #houston-tex, #houston-texans, #national-football-league, #police-department-houston-tex, #suits-and-litigation-civil, #watson-deshaun-1995

N.F.L. Moves New Orleans Saints’ Season Opener to Jacksonville

As much of New Orleans remained without electricity in the wake of Hurricane Ida, the Saints’ Week 1 home game against the Green Bay Packers was relocated.

#entergy-corporation, #football, #green-bay-packers, #hurricane-ida-2021, #hurricanes-and-tropical-storms, #jacksonville-fla, #jacksonville-jaguars, #mercedes-benz-superdome-new-orleans, #national-football-league, #new-orleans-la, #new-orleans-saints, #payton-sean, #power-failures-and-blackouts, #tulane-university

Patriots Cut Cam Newton After Covid-Related Disruptions

Newton was sidelined early last season with the virus and missed practices last week because of a mix-up over protocols. The rookie quarterback Mac Jones will be New England’s starter.

#belichick-bill, #football, #jones-mac-1998, #national-football-league, #new-england-patriots, #newton-cameron-j

People Who Changed Their Lives Are Focus of New Times Series

Stories about people trying something different in their lives have always inspired me. Now, the Times series It’s Never Too Late offers readers more examples.

#appointments-and-executive-changes, #boise-idaho, #books-and-literature, #cameron-julia, #careers-and-professions, #content-type-service, #idaho, #mongolia, #national-football-league, #new-york-times, #paris-france, #rivers-keith-1986, #rousseau-henri, #the-artists-way-book, #tisch-school-of-the-arts, #writing-and-writers

N.F.L. Sets Stiff Penalties for the Unvaccinated, Jolting Teams

Commissioner Roger Goodell said outbreaks traced to an unvaccinated player or staff member could warrant a game forfeiture for their teams. The announcement prompted a backlash from some players.

#coronavirus-2019-ncov, #fines-penalties, #football, #goodell-roger, #national-football-league, #national-football-league-players-assn, #vaccination-and-immunization

Tom Brady Jokes About Election Results as Buccaneers Visit White House

President Biden’s administration has revived a tradition of championship invitations that had grown sporadic under former President Donald J. Trump.

#arians-bruce, #biden-joseph-r-jr, #brady-tom, #football, #national-football-league, #presidential-election-of-2020, #super-bowl, #tampa-bay-buccaneers, #trump-donald-j, #united-states-politics-and-government

Sundae closes on $80M for residential real estate marketplace

Sundae, a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital.

QED Investors, Wellington Management, Susa Ventures, Founders Fund, First American Financial, Prudence Holdings, Crossover VC, Intersect Capital, Gaingels and Oberndorf Ventures also participated in the financing. The round marks San Francisco-based Sundae’s third financing in a 13-month time frame, bringing its total raised since its August 2018 inception to $135 million. 

The San Francisco-based company declined to reveal at what valuation its Series C was raised. It also declined to provide hard revenue figures, saying only that it saw a 600% year-over-year increase in revenue from June 2020 to June 2021.

The startup aims to help people who need to sell dated or “damaged” properties for a variety of reasons — such as job loss, illness or divorce. In some cases, according to CEO and co-founder Josh Stech, such vulnerable sellers get taken advantage of by “predatory fix and flippers” seeking to capitalize on their misfortune. 

Since sellers in these situations don’t typically have the funds to fix up their properties before selling, Sundae lists the property for them on its platform – serving as an intermediary between sellers and investors. There, it is visible to about 2,600 qualified off-market buyers.

The company essentially aims to aggregate demand from “fix and flippers,” who use the marketplace to bid against each other for distressed properties. If the seller accepts and an inspection is completed, the company offers a $10,000 cash advance before closing to help homeowners with moving costs or other expenses.

Our goal is to displace wholesalers who exploit desperate or uninformed sellers and lock them into a contract which they turn around and assign to a property investor at a steep profit,” Stech said. “The tens of thousands of dollars in lost equity that goes to a wholesaler could mean the difference between paying off debts, or having enough money to retire.”

Sundae claims that on average, sellers receive 10 offers within three days on its marketplace.

Since its launch in January 2019, the startup has slowly been expanding its marketplace geographically. It went from operating in four markets in California at the end of last year to now operating in 14 markets across Florida, Colorado, Georgia, Texas and Utah.

Sundae makes money by charging buyers in its investor marketplace a fee when it “assigns” them a property. 

In the first quarter of this year, the startup launched a dedicated online marketplace for investors, where they can view properties and submit offers. Once an investor signs up to join the marketplace, they can access the full inventory of properties, including information such as photos, floor plan, 3D walkthrough and a third-party inspection report. 

Looking ahead, the company plans to use its new capital to expand to new markets, invest in its platform and “build brand awareness.” It also, of course, plans to boost its current headcount of 180 mostly remote employees.

Vik Chawla, a partner at Fifth Wall, believes Sundae is serving a segment of the residential real estate market that has historically been overlooked. 

“Their marketplace model simultaneously solves a crucial pain point for sellers by disrupting the wholesale industry, while delivering a platform that property investors can count on for reliable investment opportunities,” he said.

The company last raised $36 million in a Series B funding round in December 2020.

Interestingly, a slew of angel investors — including a number of athletes and celebrities — also put money in the company’s latest round, including: actor Will Smith, DJ Kygo, three-time NFL Super Bowl champion Richard Seymour of 93 Ventures, NFL All-Pro DK Metcalf of the Seattle Seahawks, Matt Chapman of the Oakland A’s, Alex Caruso of the Los Angeles Lakers, Aaron Gordon of the Denver Nuggets, Solomon Hill of the Atlanta Hawks, Kelly Olynyk of the Houston Rockets, NBA All-Star Isaiah Thomas, three-time NBA Champion & Gold Medalist Klay Thompson of the Golden State Warriors, Hassan Whiteside of the Sacramento Kings, Andrew Wiggins of the Golden State Warriors and 2020 U.S. Soccer Player of the Year and Juventus midfielder, Weston McKennie.

#california, #fifth-wall, #florida, #founders-fund, #funding, #fundings-exits, #gaingels, #general-global-capital, #georgia, #golden-state-warriors, #national-basketball-association, #national-football-league, #nfl, #oakland, #prudence-holdings, #real-estate, #real-estate-tech, #recent-funding, #sacramento-kings, #san-francisco, #startup, #startups, #sundae, #super-bowl, #susa-ventures, #texas, #venture-capital, #vik-chawla, #wellington-management, #will-smith

N.F.L. Fines Washington Football Team $10 Million

The penalty of a $10 million fine follows an investigation into sexual harassment and abuse in the team’s front office.

#fines-penalties, #football, #goodell-roger, #national-football-league, #sexual-harassment, #snyder-daniel-m, #washington-redskins

The N.F.L.’s Carl Nassib Broke a Barrier. Will Others Follow?

The number of publicly out L.G.B.T.Q. athletes in men’s biggest pro leagues lags far behind that in women’s sports. Will Carl Nassib’s announcement change that?

#athletics-and-sports, #bird-sue, #clarendon-layshia-1991, #collins-jason, #football, #homosexuality-and-bisexuality, #institute-for-diversity-and-ethics-in-sport, #nassib-carl-1993, #national-basketball-assn, #national-football-league, #nunes-amanda-1988, #outsports-com, #rapinoe-megan, #sam-michael-1990, #transgender-and-transsexuals, #ultimate-fighting-championship, #women-and-girls, #womens-national-basketball-assn, #womens-world-cup-soccer

Who is Carl Nassib? The First Openly Gay NFL Player

“I’ve been meaning to do this for a while now,” the N.F.L. lineman said. He comes from a football family, was a standout at Penn State and has taught his teammates about personal finance.

#football, #homosexuality-and-bisexuality, #las-vegas-raiders, #nassib-carl-1993, #national-football-league, #pennsylvania-state-university

Carl Nassib Becomes First NFL Player to Come Out As Gay

The Raiders defensive lineman came out in a statement posted to his Instagram account on Monday, becoming the first active player in the league to publicly identify as gay.

#football, #homosexuality-and-bisexuality, #las-vegas-raiders, #nassib-carl-1993, #national-football-league

In Sprint to Reopening, Sports Hits Pandemic Obstacles

There is perhaps no greater hurdle to a return to normalcy in sports than the hesitancy among some elite athletes to be vaccinated.

#arum-bob, #athletics-and-sports, #basketball, #boxing, #coronavirus-2019-ncov, #football, #golf, #lopez-teofimo-1997, #major-league-baseball, #national-basketball-assn, #national-football-league, #paul-chris-1985, #vaccination-and-immunization

Jim Fassel, Who Coached the Giants to the Super Bowl, Dies at 71

He predicted that New York would make the playoffs when no one gave them much of a chance. Then they marched to the championship game, only to lose to the Ravens.

#baltimore-ravens, #deaths-obituaries, #fassel-jim, #football, #national-football-league, #new-york-giants, #super-bowl

Jim Fassel Bridged Giants Eras With a Smile. And, Once, a Rant.

The Giants coach called Gentleman Jim was best known for smoothly transitioning the team out of the Bill Parcells era, but one uncharacteristic tirade stood out.

#coaches-and-managers, #content-type-personal-profile, #fassel-jim, #football, #national-football-league, #new-york-giants

Paramount+ will launch a $4.99 monthly ad-supported subscription

If you didn’t want to shell out $9.99 per month to watch the meme-worthy iCarly reboot, now you won’t have to. On Monday, Paramount+ will launch its ad-supported Essential Plan, priced at $4.99 per month.

This less-expensive plan will replace the CBS All Access plan, which included commercials, but also granted access to local CBS stations. If you’re currently subscribed to that $5.99 per month plan, you can keep it. But starting Monday, it won’t be around anymore for new subscribers. 

What makes the Essential Plan different from CBS All Access? Subscribers on the new tier will get access to Marquee Sports (including games in the NFL, UEFA Champions, and Europa Leagues), breaking news on CBSN, and all of Paramount’s on-demand shows and movies. This includes offerings from ViacomCBS-owned channels like BET, Comedy Central, MTV, Nickelodeon, the Smithsonian Channel, and more. But, local live CBS station programming will no longer be included. So, if that’s a deal-breaker, you might want to subscribe to CBS All Access this weekend. 

The existing Premium Plan ($9.99 per month) removes commercials and adds support for 4K, HDR, and Dolby Vision. Like other streaming services, only Premium subscribers will have access to mobile downloads. 

Both plans include access to parental controls and up to six individual profiles. The service doesn’t have a watch list at this time. But that has become a baseline feature for being competitive in this space, so it’s not a matter of if, but when. 

For comparison, the basic Netflix plan costs $8.99 per month, but only lets you watch on one screen at a time. That makes it harder to share an account with family or friends. Their standard tier is $13.99, making it a bit pricier than Paramount+.

Earlier this week, HBO Max unveiled their own lower-cost, ad-supported subscription tier, priced at $9.99 per month. The WarnerMedia-Discovery merger could also have major implications for the popular streaming service, though how that shakes out in terms of content libraries, or even possibly a combined streaming app, remains to be seen. 

Ultimately, consumers will make their decisions about which services to pay for based on a variety of key factors including content, pricing, and user experience. On the content front, Paramount+ plans to announce a slate of big-name titles when the new plan goes live on Monday, in hopes of wooing new subscribers. But the low-cost plan may also appeal to those who don’t necessarily care about top movies – they just want an affordable add-on to their current streaming lineup that provides them with access to some of the programs Netflix lacks. 

Paramount+ owner ViacomCBS said it added 6 million global streaming subscribers across their Paramount+, Showtime OTT, and BET+ services in Q1, to end the quarter with 36 million global users. Most of those come from Paramount+.

#cbs, #comedy-central, #crave, #entertainment, #epix, #hbo, #hbo-max, #national-football-league, #netflix, #nickelodeon, #paramount, #showtime, #smithsonian, #streaming-services, #television, #uefa, #viacom, #viacomcbs

N.F.L. to Drop Race-Based Measures in Concussion Settlement

Black players’ dementia claims were being measured differently from white players’. The change could prompt a reassessment of hundreds of previously denied cases.

#black-people, #concussions, #davenport-najeh-1979, #dementia, #discrimination, #national-football-league, #seeger-christopher

Jeeves emerges from stealth with $131M in debt and equity and a16z as a lead investor

Jeeves, which is building an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing. 

The $31 million in equity consists of a new $26 million Series A and a previously unannounced $5 million seed round.

Andreessen Horowitz (a16z) led the Series A funding, which also included participation from YC Continuity Fund, Jaguar Ventures, Urban Innovation Fund, Uncorrelated Ventures, Clocktower Ventures, Stanford University, 9 Yards Capital and BlockFi Ventures.

A high-profile group of angel investors also put money in the round, including NFL wide receiver Larry Fitzgerald and the founders of five LatAm unicorns — Nubank CEO David Velez, Kavak CEO Carlos Garcia, Rappi co-founder Sebastian Mejia, Bitso CEO Daniel Vogel and Loft CEO Florian Hagenbuch. Justo’s Ricardo Weder also participated in this round and Plaid co-founder William Hockey put money in the $5 million seed funding that closed in 2020 after the company completed the YC Summer 2020 batch.

The “fully remote” Jeeves describes itself as the first “cross country, cross currency” expense management platform. The startup’s offering is currently live in Mexico — its largest market — as well as Colombia, Canada and the U.S., and is currently beta testing in Brazil and Chile. 

Dileep Thazhmon and Sherwin Gandhi founded Jeeves last year under the premise that startups have traditionally had to rely on financial infrastructure that is local and country-specific. For example, a company with employees in Mexico and Colombia would require multiple vendors to cover its finance function in each country — a corporate card in Mexico and one in Colombia and another vendor for cross-border payments.

Image Credits: Left to right: Jeeves co-founders Dileep Thazhmon and Sherwin Gandhi

Jeeves claims that by using its platform, any company can spin up their finance function “in minutes” and get access to 30 days of credit on a true corporate card, noncard payment rails, as well as cross-border payments. Customers can also pay back in multiple currencies, reducing FX (foreign transaction) fees.

“We’re building an all-in-one expense management platform for startups in LatAm and global markets — cash, corporate cards, cross-border — all run on our own infrastructure,” Thazhmon said. 

“We’re really building two things — an infrastructure layer that sits across banking institutions in different countries. And then on top of that, we’re building the customer-, or end user-facing app,” he added. “What gives us the ability to launch in countries much quicker is that we own part of that stack ourselves, versus what most fintechs would do, which is plug into a third-party provider in that region.” 

Image Credits: Jeeves

Indeed, the company has seen rapid early growth. Since launching its private beta last October, Jeeves says it has grown its transaction volume (GTV) by 200x and increased revenue by 900% (albeit from a small base). In May alone, Jeeves says it processed more transaction volume than the entire year to date, and more than doubled its customer base. It says that “hundreds of companies,” including Bitso, Belvo, Justo, Runa, Worky, Zinboe, RobinFood and Muncher, “actively” use Jeeves to manage their local and international spend. On top of that, it says, the startup has a waitlist of more than 5,000 companies — which is part of why the company sought to raise debt and equity.

The shift to remote work globally due to the COVID-19 pandemic has played a large role in why Jeeves has seen so much demand, according to Thazhmon.

“Every company is now becoming a global company, and the service to employees in two different countries requires two different systems,” he said. “And then someone’s got to reconcile that system at the end of the month. This has been a big reason why we’re growing so fast.”

One of Jeeves’ biggest accomplishments so far, Thazhmon said, has been receiving approval to issue cards from its own credit BIN (bank identification number) in Mexico. It can also run SPEI payments directly on its infrastructure. (SPEI is a system developed and operated by Banco de México that allows the general public to make electronic payments.)

“This gives us a lot of flexibility and allows us to offer a truly unique product to our customers,” said Thazhmon, who previously co-founded PowerInbox, a
Battery Ventures-backed MarTech company that he says grew to $40 million in annual revenue in three years.

Jeeves says it will use the fresh capital to onboard new companies to the platform from its waitlist, scale its infrastructure to cover more countries and currencies as well as do some hiring and expand its product line.

A16z General Partner Angela Strange, who is joining Jeeves’ board as part of the investment, is extremely bullish on the startup’s potential.

Strange says she met Thazhmon about a year ago and was immediately intrigued.

“Not only were they working to provide the financial operating system within a country, starting in Mexico, they were designing their software platform to scale across multiple countries,” she said. “Finally — a multicountry/currency expense management & payouts platform, where increasingly companies have employees and operations in multiple countries from the start and can use a single company to manage their financials.”

Strange, who has been investing in Latin America for the past few years, notes that most companies in the region are unable to get a corporate credit card.

“That’s only the tip of the iceberg,” she told TechCrunch. “It’s cumbersome for companies to make bank to bank payouts, handle wires, and they usually also have expenses in the U.S. (and often other countries) so there is also FX. And they manage multiple bank accounts. Not only is paying hard, reconciliation on the backend takes weeks.”

As such, Strange said, with every country having their own bank transfer system, rules around who can issue a credit card, approved payment processors, currencies and bank accounts — payments and expense management across countries can be complex.

Jeeves, according to Strange, “gets as close to the networks/payment rails as possible” since it has its own issuing credit BIN versus needing to connect through legacy players.

Providing an orchestration layer on top of all the rails gives Jeeves the ability “to handle all the payment and reconciliation complexity” so “their customers don’t have to think about it,” she added.

 

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DK Metcalf Learns Football Speed Doesn’t Equal Track Speed

DK Metcalf, the All-Pro Seattle receiver, finished last in his heat on Sunday in his first 100-meter race against professional sprinters.

#california, #content-type-personal-profile, #football, #national-football-league, #seattle-seahawks, #track-and-field

Tom Brady Charted a New Path. Aaron Rodgers Struggles to Do the Same.

When Super Bowl-winning quarterbacks like Brady, Rodgers and Russell Wilson grow frustrated with their teams, the nature of N.F.L. contracts makes it hard to scramble away. Brady ultimately succeeded by running out the clock.

#brady-tom, #draft-and-recruitment-sports, #football, #free-agents-sports, #green-bay-packers, #national-football-league, #rodgers-aaron, #wilson-russell-1988

What We Learned from Day 1 of the 2021 NFL Draft

Quarterbacks still come first, Alabama still produces talent and Aaron Rodgers is still unhappy.

#fields-justin-1999, #football, #gettleman-david-a-1951, #jones-mac-1998, #lance-trey-2000, #lawrence-trevor-1999, #national-football-league, #pitts-kyle-2000, #rodgers-aaron, #smith-devonta-1998, #wilson-zach-1999

As Underclassmen Flood the N.F.L. Draft, Landing Places Dry Up

Since the league began allowing underclassmen to enter the draft in 1990, the number who do so has ballooned more than threefold. There are fewer options for those who go undrafted.

#appalachian-state-university, #clifton-duck, #draft-and-recruitment-sports, #football, #james-williams, #national-football-league, #winnipeg-blue-bombers

Round 1 NFL Draft Order and Picks: Here Are the Results

Trevor Lawrence was taken with the first pick by the Jacksonville Jaguars.

#draft-and-recruitment-sports, #football, #national-football-league

The NFL Draft is Here. Here Are Some Expert Picks and Predictions

Five quarterbacks could go in the top 10 for the first time, according to mock drafts produced by several analysts, while the first round could pass without the selection of a running back.

#draft-and-recruitment-sports, #football, #lance-trey-2000, #lawrence-trevor-1999, #national-football-league, #smith-devonta-1998, #wilson-zach-1999

Kyle Pitts Is Set to Be the N.F.L.’s Next Revelation at Tight End

After he is drafted Thursday, Pitts is expected to join the N.F.L.’s top-shelf tight ends: Rob Gronkowski, George Kittle and Travis Kelce, big-bodied pass catchers who are coveted by contending teams.

#content-type-personal-profile, #draft-and-recruitment-sports, #football, #football-college, #gronkowski-rob, #kelce-travis, #kittle-george-1993, #national-football-league, #pitts-kyle-2000, #university-of-florida

Urban Meyer’s Renewal in Jacksonville

After years of disarray, the Jaguars have what the team’s owner called “a once-in-a-lifetime opportunity in football” — the No. 1 pick in the N.F.L. draft and a coach who knows what to do with him.

#coaches-and-managers, #content-type-personal-profile, #draft-and-recruitment-sports, #football, #football-college, #jacksonville-fla, #jacksonville-jaguars, #khan-shahid-1950, #meyer-urban, #national-football-league, #ohio-state-university, #university-of-florida

Antonio Brown Settles Suit With Sexual Assault Accuser

A statement released by lawyers for Brown and his accuser said, “Having reflected on their relationship, both feel that the time has come to move on.”

#brown-antonio-1988, #football, #national-football-league, #new-england-patriots, #sex-crimes, #suits-and-litigation-civil, #tampa-bay-buccaneers, #taylor-britney

Deshaun Watson Calls Civil Suits ‘Simply Not True’ in Legal Filing

Lawyers for the Houston Texans quarterback on Monday rebutted the assault allegations filed against him by 22 women.

#buzbee-tony-g, #football, #hardin-rusty, #houston-texans, #massage, #national-football-league, #sex-crimes, #suits-and-litigation-civil, #women-and-girls

Months Before Season, N.F.L. and Players Clash Over Pandemic Workouts

Players on 15 teams announced they would not attend off-season programming because of concerns about the coronavirus. Some may give up financial benefits in the process.

#brady-tom, #coronavirus-2019-ncov, #football, #national-football-league, #national-football-league-players-assn, #organized-labor, #smith-demaurice, #tretter-j-c-1991, #workplace-environment, #workplace-hazards-and-violations

C.T.E. May Not Fully Explain Phillip Adams’s Shooting Spree

A finding of C.T.E. can help explain violence and erratic behavior by former football players, but it will not give a clear picture of why Phillip Adams fatally shot seven people, including himself.

#adams-phillip-m-1988-2021, #boston-university, #chronic-traumatic-encephalopathy, #football-college, #murders-attempted-murders-and-homicides, #national-football-league, #suicides-and-suicide-attempts

Britt Reid Charged With Felony D.W.I.

Reid, a former assistant coach for the Kansas City Chiefs and the son of the team’s head coach, crashed into two cars in February, leaving a child seriously injured.

#drunken-and-reckless-driving, #kansas-city-mo, #kansas-city-chiefs, #national-football-league, #reid-andy, #reid-britt-1985, #traffic-accidents-and-safety

Women Suing Deshaun Watson Must Reveal Their Names, Judges Rule

The rulings applied to just 13 of the 22 women who have filed lawsuits accusing the Houston Texans quarterback of assault and sexual misconduct. But it appears unlikely that any plaintiff will be allowed to remain anonymous.

#buzbee-tony-g, #hardin-rusty, #houston-texans, #massage, #national-football-league, #sex-crimes, #suits-and-litigation-civil, #watson-deshaun-1995, #women-and-girls

What Led Phillip Adams, Former N.F.L. Player, to a Shooting Spree?

A small city that bills itself as “Football City U.S.A.” is grappling with the shooting deaths of members of a prominent local family by Phillip Adams who, many say, had been adrift after his N.F.L. career ended.

#adams-phillip-m-1988-2021, #chronic-traumatic-encephalopathy, #football, #lesslie-robert-d-1951-2021, #murders-attempted-murders-and-homicides, #national-football-league, #norman-ralph-w-jr-1953, #rock-hill-sc, #san-francisco-49ers, #suicides-and-suicide-attempts

Two of Deshaun Watson’s Accusers Take Their Claims Public

Over 20 women have filed civil assault lawsuits against the quarterback anonymously, but Tuesday two of the complainants gave emotional statements describing sexual abuse.

#buzbee-tony-g, #football, #hardin-rusty, #houston-texans, #national-football-league, #police-department-houston-tex, #sex-crimes, #suits-and-litigation-civil, #watson-deshaun-1995, #women-and-girls