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High Stakes Par-3 Golf, Gemini Sport Analytics Raises $3.1M, and Is AI the New Cloud?

The Social Leverage Letter | Issue #135

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Grass League debuted with the Grass Clippings (Fund IV) Open, featuring 75 teams competing for a $100,000 purse at Grass Clippings Rolling Hills. With a focus on shot-making and excitement, it aims to draw millennial and Gen-Z fans with a party-like atmosphere and celebrity participants like Steph Curry.

Gemini Sports Analytics (Fund IV), an AI firm that does predictive modeling for team and player performance, has raised an additional $3.1M investment round led by Will Ventures. Eberg Capital and Social Leverage, which jointly led Gemini’s $3.25M series seed in 2023, also participated in the new funding.

AI is currently a competitive advantage for companies, akin to the early days of cloud technology, but it may eventually become standard practice in tech stacks. While giants like Google and Microsoft will likely dominate AI, others will integrate it into their operations, much like cloud technology. This shift towards widespread AI adoption could occur within the next decade, mirroring the trajectory of cloud adoption.

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