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  "documentTitle": "Genius Sports Limited (GENI)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-08-05 00:00:00",
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      "text": "Spruce Point's view on Genius' August 5th, 2021 press release announcing a \"transformational\" NFL deal:",
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      "text": "Spruce Point believes this news came at an opportune time for the Company, days ahead of the beginning of its lock-up.",
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      "text": "Investors should have EXPECTED this news was coming given the existing relationship between Genius and DraftKings.\nWhy else would Genius purchase the NFL rights if its customers were not interested?\nThere is no evidence previous partnerships with DraftKings have helped Genius generate positive cash flow or earnings and the economics of this deal were not provided.\nSpruce Point believes this news came at an opportune time for the Company, days ahead of the beginning of its lock-up.\nDraftKings' stock has hardly moved on the news, signaling that this is largely irrelevant to DraftKings",
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