Sports tech firm PlayUp in liquidation after burning $70 million of high-profile investor funds – Sydney Morning Herald

Liquidation

Prime Minister Malcolm Turnbull was once an investor in PlayUp, which went into liquidation last week. Photo: Justin McManus A sports media business backed with more than $70 million in funding by some of Australia’s business, political and sporting elite, including Prime Minister Malcolm Turnbull, has been placed into liquidation. PlayUp’s holding company, Revo Pty Ltd, did not contest a…

Sports tech firm PlayUp in liquidation after burning $70 million of high-profile investor funds – The Australian Financial Review

Liquidation

Prime Minister Malcolm Turnbull was once an investor in PlayUp, which went into liquidation last week. Justin McManus A sports media business backed with more than $70 million in funding by some of Australia’s business, political and sporting elite, including Prime Minister Malcolm Turnbull, has been placed into liquidation. PlayUp’s holding company, Revo Pty Ltd, did not contest a winding-up…