#230: Adam Lewites, Phoenix Capital Ventures - The Sports VC Playbook

Phoenix Capital Ventures (PCV) is an early-stage venture capital firm investing in the future of sports, gaming, human performance, and immersive media. The firm partners with bold founders at the earliest stages, backing those obsessed with solving real problems in and around the sports ecosystem.Adam Lewites is Managing Director at PCV. He began his career as a college basketball coach before entering the startup world as a founding team member at Insightpool. Adam later helped scale several Atlanta-based startups and played a key role in launching Endeavor Atlanta, a global network supporting high-impact entrepreneurs. Today, he combines his deep operational experience with a passion for sports innovation to help founders build category-defining companies. Chapters: (02:17) The Journey from Founder to Investor (04:39) Understanding the Founder-Investor Dynamic (07:13) The Importance of Founder Obsession (09:55) Optimism in Sports Investment (12:31) Phoenix Capital Ventures: Investment Strategy (14:49) Navigating Dilution and Pro Rata Rights (17:01) Current Trends in Sports and Entertainment (19:18) The Future of Sports and Technology (21:41) Prosumer Trends in Sports (24:12) Conclusion and Future Outlook Adam Lewites: 🏠 Website: https://pcv.fund/ 💼 LinkedIn: https://www.linkedin.com/in/adam-lewites-70482253/ Andrew Petcash: 🏠 Website: https://profluence.com 🐣 Twitter: https://twitter.com/andrewpetcash 💼 LinkedIn: https://www.linkedin.com/in/andrewpetcash/ Thanks for listening! Hit the “follow” button to stay updated on new podcasts.