Kobe Bryant launched a venture capital fund for $100 million
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Loading...The retired NBA star launched his own venture capital fund of $ 100 million with his partner Jeff Stibel, a longtime entrepreneur and investor. The company is focused on investing in new technologies, media and business data. The company is named Bryant Stibel and is based in Los Angeles.
Current investments include sports media website The Players Tribune, videogame designer Scopely, legal-services company LegalZoom, a telemarketing-software firm called RingDNA and others.
If you had asked me 10 years ago, I would say that the most important thing for me is winning, but now it's different. The age gives perspective. What I enjoy most now is to help others succeed. I enjoy doing that much much more, that’s something that lasts forever, and hope they do that for the next generation” - says Bryant.
Jon Sakoda, venture capitalist says that there are many similarities between building a career in sports and in business. Athletes are taken very seriously by entrepreneurs. Partner of the NBA star said that the most important thing is to have courage and intelligence. You have to have that passion in order to succeed. The business ideas can change again and again, but an entrepreneur must be disciplined and keep going forward.
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