Lance Armstrongs Next Ventures targets $75M

Next Ventures, an investment firm led by Lance Armstrong, has filed to raise $75 million for its debut venture capital fund. According to paperwork submitted to the U.S. Securities and Exchange Commission this morning, Armstrong and Next Ventures general partner Lionel Conacher have so far attracted $24.5 million from limited partners to back startups in the sports, fitness, nutrition and wellness markets. Both Armstrong and Conacher are long-time athletes, with Armstrong, of course, known for his professional cycling career and high-profile doping scandal that resulted in the International Cycling Union stripping him of his seven Tour de France titles in 2012. Conacher’s bio states he is “a life-long multi-sport athlete and outdoorsman and proud member of Canada’s first family of …

Lance Armstrong should keep his mouth shut if he is serious about redemption | Richard Williams

Sport often welcomes back a bad boy turned good but some offences lie so far beyond the pale a return is almost impossible despite protestations Steve Smith and David Warner were were sent home from Cape Town in March 2018, it was far from being the only time international cricketers have improperly messed around with the state of the ball. A lasting stain was added to the career of an England captain, Mike Atherton, by the dirt-in-the-pocket incident at Lords in 1994. We know Imran Khan and others got up to similar tricks but the episode involving the three Australians seemed to expose something deeper and nastier. As Gideon Haigh observed in Crossing the Line, his book about the episode, …