News and jobs updated daily on Technology news
www.healthclubmanagement.co.uk Edited by Jak Phillips Email:
jakphillips@leisuremedia.com
Murray to invest in wearables
Fitbit fever as wearable tech giant floats on NYSE
Appetite for Fitbit shares was huge The Scot says he is eager to expand his portfolio by investing in health and fitness
Andy Murray has entered into a long-term partnership with London-based equity crowdfunding platform Seedrs, which will see the tennis star advise on health, sport and wearable tech as well as investing in start-ups. The Scot has a long-held interest in
investment. He owns the Cromlix luxury hotel in Perthshire, Scotland, and says he is eager to expand his portfolio by investing in start- ups and other early-stage businesses through
Seedrs.The new tie-up sees Murray join the Seedrs Advisory Board to offer guidance to the firm with respect to businesses working in the health, sport and wearable technology spaces, although he won’t advise individual investors or recommend specific campaigns. He will also help Seedrs to grow its brand in the UK and internationally. “I’ve always been interested in investment, and being able to get involved in an innovative
way to help support British start-ups really appealed to me,” said Murray. “Equally as important was working with people I trusted and who fully understood the huge responsibility of handling people’s money. I’m looking forward to working with Seedrs and the entrepreneurs of tomorrow.” Seedrs platform for equity crowdfunding
raises capital by obtaining many small investments from a large number of people through online platforms. It says one of the main benefits of this is it allows businesses not only to obtain the capital they need, but also to build a community of supportive investors who can help them grow. Since launching in July 2012, Seedrs has reported 15 per cent month-on-month growth and has funded nearly 200 deals to date. The company has plans to launch in the US later this year. Details:
http://lei.sr?a=D3v7a_O
Wearable tech giant Fitbit has floated on the New York Stock Exchange in one of the most high-profile IPOs of the year. Wall Street was awash with excitement
for the listing, which saw both the share count (34.5 million shares) and price range (US$20) increased due to demand. Shares jumped 52 per cent on opening,
having been brought to market by the tier one lead underwriting team of Morgan Stanley, Deutsche Bank and BofA Merrill Lynch – indication of the scale of the deal. Fitbit, which produces six wearable
health and fitness trackers, has become one of the standard-bearers for the booming wearable tech market. In 2014 the company generated US$745.4m in revenue – almost triple that of the previous year – and the same pace has continued into 2015. In Q1 2015, revenue surged 210 per cent to US$336.8m, with the number of devices that were sold more than doubling year-on-year. Details:
http://lei.sr?a=k5R6K_O
FITNESS
A passion for *and a head for marketing
August 2015 © Cybertrek 2015
* Read Health Club Management online at
healthclubmanagement.co.uk/digital 0870 609 3216 17
www.hattrickmarketing.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92