As reported by TechCrunch, Soccer legend Lionel Messi launches a new Silicon Valley holding company Play Time to get into tech investing.

Play Time’s co-founder and chief executive will be Razmig Hovaghimian (pictured, left). Hovaghimian formerly headed up Hoodline (acquired by Nextdoor), a local news platform that combined machine learning with on-the-ground reporting. He also co-founded entertainment startup Viki, which exited to Rakuten for $200-plus million in 2013.

Play Time will be a holding company and will act as the main vehicle for Messi’s investments in sports, media, and technology investments globally. At the same time, Play Time will also be investing in “football-tech”.

Play Time also revealed that it has already incubated a startup called Matchday.com, a still-stealth-mode games studio for football fans that plans to launch before the FIFA World Cup in November. Plus, it’s made its first seed-stage investment in AC Momento, which auctions match-worn football shirts sourced from clubs and players.

https://t.me/threenstartups

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