Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Monday August 22 2016, @07:54PM   Printer-friendly
from the spending-it-wisely dept.

Win Kobe Bryant's money:

The retired NBA star will unveil on Monday his venture-capital fund, a $100 million vehicle for investing in technology, media and data companies. Bryant, who turns 38 on Tuesday, isn't going it alone: He is partnering with 43-year-old Jeff Stibel, a longtime entrepreneur and investor who was introduced to Bryant by a mutual friend. They have named their firm Bryant Stibel and will be based in the Los Angeles area.

The two have been invested in 15 companies since 2013, but only after Bryant's retirement from basketball have they decided to formalize their relationship and fund. Current investments include sports media website The Players Tribune, videogame designer Scopely, legal-services company LegalZoom, a telemarketing-software firm called RingDNA and a home-juicing company called Juicero.

Expanded WSJ coverage.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 1, Funny) by Anonymous Coward on Monday August 22 2016, @08:50PM

    by Anonymous Coward on Monday August 22 2016, @08:50PM (#391876)

    Like O.J. Simpsons website at ////\.com? (that's "slash slash slash slash backslash" for non nerds)

    Starting Score:    0  points
    Moderation   +1  
       Funny=1, Total=1
    Extra 'Funny' Modifier   0  

    Total Score:   1  
  • (Score: 2) by weeds on Monday August 22 2016, @09:24PM

    by weeds (611) on Monday August 22 2016, @09:24PM (#391886) Journal

    ////escape.com - fixed that for ya.