Sponsored by
Was this email forwarded to you? Sign up here
Active management - Coming to Sports via ETF!
Betting on sports is hard. Prediction markets make it more accessible across states and via apps like $HOOD ( ▲ 1.93% ), but it is still hard to pick winners. What if you could just invest in an ETF that bets on sports? Well, now you can!
Do I think this is a good idea? Do we need actively managed sports betting wrapped in an ETF? I think it is a bit absurd, but also, it is fully a degenerate economy. Active managers actively bet on sports, taking fees, and being tracked by their performance. It’s not crazy. It’s somewhat funny to think that we now have this. I imagine we will see active Prediction Markets managers wrapped in ETFs soon, focused on all types of niches like financial & economics, sports, trending consumer topics, and events like the Grammys, weather traders, and more. Wrapping this in an ETF just makes it more accessible and liquid for investors. Pay the smart managers to bet for you, I guess
Manufacturing Legend Backs Greenfield Robotics
Howard Dahl spent decades building the machines that feed America. His family invented the Bobcat skid steer. The air drills planting nearly every commodity crop globally? Those too. Now Dahl is manufacturing weed-cutting robots for Greenfield Robotics out of his Fargo factory, and he wrote his own check on top of it.
Greenfield's current fleet is sold out, with over $1 million in total revenue and robots in the field since 2020. Chipotle’s venture arm and KingsCrowd Capital are also on board. The robots slice weeds with centimeter precision, replacing herbicides linked to environmental damage and rising health concerns among farmers.
Greenfield is now in Test the Waters under Reg A+. Reserving shares today locks in a 5% bonus that can grow to 20% the week the round opens to the public.
Greenfield Robotics is Testing The Waters under tier 2 of Regulation A. No money or other consideration is being solicited, and if sent in response will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind. “Reserving” shares is simply an indication of interest. There is no binding commitment for investors that reserve shares in this manner to ultimately invest and purchase the shares reserved of the company, or to purchase any shares of the company whatsoever.