65 How leisure investments successfully navigated covid and will cope with the recession with Harry Heartfield of Edition

<p>The leisure sector faces very different challenges from the more tech focussed companies that most EIS and VCTs focus on. Harry Heartfield of Edition Capital specialises this area and gives insights into its past, present and future.</p><p>We start by chatting about the challenges that covid brought. We talk about how leisure companies coped with their doors being closed and how they managed finances to survive. We also discuss how companies maintained brand awareness, so people would come back when they were allowed. Harry contrasts the challenges that different businesses had and how they coped.</p><p>The discussion then turns to the current environment. Harry talks about some of the changes in the market, including relationships with landlords and availability of capital. His inherent optimism comes through, even with a recession coming, underpinned by the belief it will be a lot milder that what companies have been through recently.</p><p><strong>Links</strong></p><p>Edition Capital - <a href="https://www.editioncapital.co.uk/" rel="noopener noreferrer" target="_blank">https://www.editioncapital.co.uk/</a></p><p>Harry on LinkedIn - <a href="https://www.linkedin.com/in/harry-heartfield-2275983a/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/harry-heartfield-2275983a/</a></p><p>Subscribe to the EIS Navigator podcast on most services here: <a href="https://the-eis-navigator.captivate.fm/listen" rel="noopener noreferrer" target="_blank">https://the-eis-navigator.captivate.fm/listen</a></p><p><br></p><p>Suggested books:</p><p><a href="https://www.amazon.co.uk/Our-Mathematical-Universe-Ultimate-Reality/dp/0241954630/ref=sr_1_1?keywords=our+mathematical+universe&amp;qid=1670326550&amp;sprefix=our+mathem%2Caps%2C97&amp;sr=8-1" rel="noopener noreferrer" target="_blank">Our Mathematical Universe</a> by Max Tegmark</p><p><a href="https://www.amazon.co.uk/Prisoners-Geography-Everything-Global-Politics/dp/1783962437/ref=sr_1_1?keywords=prisoners+of+geography&amp;qid=1670326195&amp;sprefix=priso