They intend to focus on industries that complement their team’s background and capitalize on their team’s ability to source and acquire a business focused on media, technology or entertainment. (Incorporated in the Cayman Islands)Our sponsor, WCAC1 Sponsor LLC, is an affiliate of Waverley Capital, L.P., a venture capital firm focused solely on the innovation and disruption occurring globally throughout the media and entertainment industries. Waverley is the successor fund to Luminari Capital L.P., a media-focused venture capital fund founded in 2014.Waverley is led by its co-founders, Edgar Bronfman Jr. and Daniel V. Leff, who are the co-founders of Waverley Capital. Their previous investments include Roku, Inc. (IPO – NASDAQ: ROKU), fuboTV Inc. (IPO – NYSE: FUBO), Matterport (SPAC merger –NASDAQ: MTTR), Pluto TV (acquired by Viacom), Wondery (acquired by Amazon), The Athletic and Headspace. Mr. Bronfman is their chairman. He was previously the chairman and CEO of Warner Music Group. He was also previously the CEO of The Seagram Company, Ltd., the parent company of Universal Studios Inc. Daniel V. Leff, Ph.D. serves as their CEO and a director. Dr. Leff is the co-founder and managing partner of Waverley. He is also the founder and managing partner of Luminari Capital (the predecessor fund to Waverley). Before co-founding Waverley and founding Luminari Capital, Dr. Leff was a partner with Globespan Capital Partners in the firm’s Palo Alto office. Earlier in his career, he worked for Sevin Rosen Funds and Redpoint Ventures. He previously held engineering, marketing and strategic investment positions with Intel Corp. and served as a director of Roku (NASDAQ:ROKU) from 2011-2018. He is a director of fuboTV (NYSE: FUBO), a live TV streaming platform for sports, news, and entertainment, where he sits on the audit committee. Dr. Leff earned a Ph.D. in physical chemistry from the University of California, Los Angeles.