FanDuel cofounder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone

TechCrunch | 1/18/2019 | Staff
darkkazune (Posted by) Level 3
Click For Photo: https://techcrunch.com/wp-content/uploads/2019/01/Hone-Founders.jpg?w=591

Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons— from nearly the day it launched, to its near merger with rival DraftKings, to its ultimate sale last May to the European betting giant Paddy Power Betfair in a deal that reportedly saw FanDuels’ founders, along with its employees, walk away with almost nothing at the end of their roller coaster ride.

Little wonder that with Griffith’s new, fourth company, Hone, is targeting the comparatively undramatic world of workforce training. Specifically, Hone and his small team have built a platform for modern and distributed teams, inspired largely by FanDuel’s experience of becoming a unicorn at one point in just six years’ time, and growing its team from 5 to 500 people in the process. Looking back, says Griffiths, “We really didn’t have the manager training we wanted or needed.”

Fact - Griffiths - Company - Time - Anniversary

In fact, Griffiths had already left the company by the time it was acquired, around his 10th anniversary last year, to “go back to the start.” It was time, he says. FanDuel had grown like a weed. He was exhausted by the many regulators wrestling with whether FanDuel provided a legally acceptable form of gambling. He knew he wanted to work in education, too. “My mom was a teacher,” he offers simply.

Enter Griffith’s newest act, which is just 10 months old at this point. The goal of the San Francisco-based company is to solve improve people’s skills around leadership management and people management, specifically at companies that already have hundreds of employees and that are wrestling with increasingly distributed and diverse teams.

Hone - Company - Management - Training

Hone is obviously not the first company tackling the remote management training...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!