{"id":17860,"date":"2020-12-16T09:37:40","date_gmt":"2020-12-16T09:37:40","guid":{"rendered":"http:\/\/bitcoinprbuzz.com\/?p=17860"},"modified":"2020-12-16T09:48:34","modified_gmt":"2020-12-16T09:48:34","slug":"yolo-investment-firm-makes-first-portfolio-exit-with-5-8x-roi","status":"publish","type":"post","link":"https:\/\/wire.bitcoinprbuzz.com\/yolo-investment-firm-makes-first-portfolio-exit-with-5-8x-roi\/","title":{"rendered":"Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI"},"content":{"rendered":"

Bitcoin Press Release: <\/b>Estonian Fintech investment firm Yolo exits with Coolbet sports betting operator, recording 5.8x ROI. The deal was the first start-to-exit investment for Yolo Investments.\u00a0<\/span><\/i><\/p>\n

 <\/p>\n

15th December 2020, Tallinn, Estonia<\/b> – Gaming venture capital firm Yolo Investments<\/a><\/span>\u00a0(formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo\u2019s portfolio.<\/span><\/p>\n

 <\/p>\n

General Partner and Founder of Yolo Investments Tim Heath said:<\/b>\u00a0<\/span><\/p>\n

 <\/p>\n

\u201cThis is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.\u201d<\/span><\/i><\/p><\/blockquote>\n

 <\/p>\n

The funds will be used to reinvest in <\/span>Yolo\u2019s growing investment portfolio<\/span><\/a>, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.<\/span><\/p>\n

 <\/p>\n

Tim continued<\/b>:\u00a0<\/b><\/p>\n

\u201cWe wish all the best for Coolbet as it takes things to new heights with GAN, and look forward to achieving similar results with the rest of our portfolio, of which many are increasing significantly in valuation.\u201d\u00a0<\/span><\/i><\/p><\/blockquote>\n

 <\/p>\n

About Yolo Investments<\/b><\/p>\n

Yolo Investments is a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech. Based in Estonia, Yolo\u2019s mission is to invest in outstanding people with bright ideas, who are focused on innovating and disrupting the norm in all manner of tech startups.\u00a0<\/span><\/p>\n

 <\/p>\n

Founded in 2017 by Tim Heath as Vereeni Investments, Yolo has created a thriving ecosystem with ventures across a variety of industries, including fintech, gambling, media, software development, crypto and blockchain-related companies.\u00a0<\/span><\/p>\n

 <\/p>\n

Learn more about Yolo Investments<\/b> – <\/span>https:\/\/yolo.io<\/span><\/a><\/p>\n

 <\/p>\n

Media Contact Details<\/b><\/p>\n

Contact Email<\/b>: <\/span>press@coingaming.io<\/span><\/a><\/p>\n

 <\/p>\n

Yolo is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.<\/span><\/i><\/p>\n

 <\/p>\n

About Bitcoin PR Buzz<\/b>:\u00a0Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for <\/span>over 8 years<\/b>. Get your <\/span>Bitcoin Press Release Distribution<\/span><\/a> today.<\/span><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

Bitcoin Press Release: Estonian Fintech investment firm Yolo exits with Coolbet sports betting operator, recording 5.8x ROI. The deal was the first start-to-exit investment for Yolo Investments.\u00a0   15th December 2020, Tallinn, Estonia – Gaming venture capital firm Yolo Investments\u00a0(formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator […]<\/p>\n","protected":false},"author":2,"featured_media":17861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jf_save_progress":"","_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":""},"categories":[1673],"tags":[30,34,90,309,814,1082],"yoast_head":"\nYolo Investment Firm Makes First Portfolio Exit with 5.8x ROI - Bitcoin PR Buzz<\/title>\n<meta name=\"description\" content=\"Bitcoin PR Buzz - Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wire.bitcoinprbuzz.com\/yolo-investment-firm-makes-first-portfolio-exit-with-5-8x-roi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI - 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