How Dream Sports Built Its Value, High Inflation And Its Impact On The Hedge Fund| FXMAG.COM

In this article:
Story of the founders of Dream Sports
Hedge fund
How to improve your financial health?

Many dream to set up their own business, but the fear of losses or continuous investment in business and not having a profit scares. The founders of Dream Sports are an example that it takes time for an investment to pay off.

Story of the founders of Dream Sports

Everything is brought into the virtual realm, even sports. Although it might seem that we are now witnessing the beginnings of this evolution, this is not the case. This change began more than a decade ago.

Harsh Jain and Bhavit Sheth are the founders of Dream Sports, an Indian sports technology company that owns one of the country's largest fantasy gaming platforms, Dream11.

Dream11, simply put, is a Game of Skill where you create a team of real players for an upcoming match and compete with other fans for big prizes.

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Harsh Jain and Bhavit Sheth are the founders of Dream Sports, an Indian sports technology company that owns one of the country's largest fantasy gaming platforms, Dream11.

Dream11, simply put, is a Game of Skill where you create a team of real players for an upcoming match and compete with other fans for big prizes.

They made a huge financial loss starting this company, but now the project is valued at $8 billion and has 160 million users. Based on the example of these two friends, one can draw conclusions that in order to gain something, one must incur high costs when it comes to an innovative company, even in the strictest terms.

They launched a fantasy sports company at 22. It's now worth $8 billion. (via @CNBCMakeIt) https://t.co/exmzE1abZE
— CNBC (@CNBC) January 4, 2023

Hedge fund

After a difficult year, everyone is wondering what the new year will bring. Investors also wonder which investments may be the most beneficial.

Many hedge fund managers around the world are bracing themselves for continued inflation this year and are looking for exposure to commodities and bonds.

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Why can it be beneficial?

An actively managed fund focused on achieving profits in various market conditions. Unlike traditional funds, the manager does not focus on imitating or beating the market pattern.

Having weathered a dire 2022, many global hedge fund managers are preparing this year for persistent inflation and seeking exposure to commodities and bonds that perform well in such an environment https://t.co/puETFWUXCP
— Reuters Business (@ReutersBiz) January 4, 2023

How to improve your financial health?

New year means new resolutions. Everyone does them, hoping that the new year will give a chance for a new beginning and thus for new opportunities. Experts advise that when making new resolutions, look at the finances.

How many of us have said to ourselves that this year we will start saving or will start to actively manage our budget.

Experts can always give specific advice on where to start. This time, a tweet from Charles Schwab Corp comes to the rescue. When it comes to saving, you can follow the advice from George Samuel Clason's book "The Richest Man in Babylon" and save 10% of your income or find another way.

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There are many ways, but remember that you don't have to do everything at once. There are many things you can do to improve your financial health by taking it step by step and thinking of these resolutions as a checklist. It's best to start with a summary of last year.

Are you the kind of person who makes resolutions on New Year's Day? Here are 5 steps we encourage all investors to consider taking to boost their financial fitness. https://t.co/10jhiNyeie #NewYearsResolutions #OwnYourTomorrow
— Charles Schwab Corp (@CharlesSchwab) January 3, 2023