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Triangle Tweener PlayMetrics Big News!
Good morning Triangle startup ecosystem!
Quick/short note this am to share the great news that PlayMetrics, both a Tweener List and Tweener Fund portfolio company has landed an investment by Dallas based sports-focused PE firm Blue Star Investment Partners. As part of this investment, the Tweener Fund also enjoyed its first exit! Traditional VC funds look to have their first exit in 3-5 years so we’re pleased that our unconventional index, Triangle-only strategy has exceeded expectations!
Congrats to Michael Doernberg and the entire PlayMetrics team. This brings a ton of capital to the Triangle, rewards our ~150 Tweener Fund LPs and this is Blue Star’s first flag planted in the Triangle.
You can read the press release here and we shared our thoughts with TBJ here.
Want to participate in the fun? Tweener Fund has a rolling model so we are always accepting new accredited investors - details are here: www.tweenerfund.com