đWhen the NFL's VCs and Danny Meyer's VCs invest in the same company...
Inside the vaccine passport economy: The Neal Ungerleider Newsletter #77
Every once in a while thereâs a venture capital investment that makes you go âhmmâŠ.â
For instance: When restaurateur Danny Meyerâs venture capital fund, the NFLâs venture capital fund, and the Partnership for New York City announce that theyâre investing $100 million in Clear, the identity verification company best known for their omnipresent airport kiosksâ.
Those are weird bedfellows. And the reason theyâre investing $100 million in an identity tech company is in plain sight, right there in the press release: COVID and kinda sorta maybe resuming a vaguely normal consumer economy outside of peopleâs homes.
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