6 Articles
6 Articles
Jazz Owner Launches HXCO Investment Firm - Ministry of Sport
Owner of the Utah Jazz and Utah Hockey Club, Ryan Smith, has partnered with Ryan Sweeney of Accel to create the Halo Experience Company (HXCO). This newly formed investment firm will concentrate on providing support to emerging technology startups operating within the sports and entertainment industries. HXCO aims to raise up to US$1 billion (AUD$1.63 billion), with aspirations to nurture approximately two dozen portfolio companies throughout th…
Utah Hockey Club's future trending positively after first season in Salt Lake City
SALT LAKE CITY — Reaching the NHL playoffs is a long shot for the Utah Hockey Club in its inaugural season in Salt Lake City. Beyond Year 1, though, things are trending upward for the franchise. Utah has plenty of draft picks over the next three years and has $21.5 million in projected cap space for the next season. Many key contributors are signed to long-term, team friendly deals. Starting goaltender Karel Vejmelka signed a five-year deal in M…
Utah Jazz owner Smith launches $1bn sports tech investment fund
Ryan Smith, owner of the NBA’s Utah Jazz and NHL’s Utah Hockey Club, has launched a $1 billion investment firm specializing in tech startups operating within sports and entertainment with Ryan Sweeny, a partner at private equity firm Accel.
Jazz Owner Sees $1B Opportunity for Tech to Grow Through Sports
Ryan Smith, owner of the NHL’s Utah Hockey Club and NBA’s Jazz, announced a new investment firm Tuesday aiming to help tech companies use sports as a growth lever. Halo Experience Co. (HXCO), co-founded by tech investor Ryan Sweeney, has closed its first round of funding, with the option of raising up to $1 billion […]
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