I’m a basketball fan but not much for Kobe; however I respect what he is doing!! Inspiring; though he has the money to start where he is, ANY ONE can do it with hard work and passion… Never settle for less, REBUILD Black Wall Street!!!
“Retired basketball sensation Kobe Bryant is doing something commendable with his retirement time and resources. Over the past three years, the star has been building a $100 million venture capital fund. Speaking on Monday, he said investing is one of the things he’s been very passionate about, and that’s why he made a decision to pursue it.”
The 38-year-old former shooting guard co-founded the fund, Bryant Stibel, in 2013 with the current vice chairman of Dun & Bradstreet, Jeff Stibel.
According to Stibel, they opted to wait so that the initiative could only be unveiled if had been given a strong foundation.
“We wanted our body of work, and the entrepreneurs and companies, to stand for themselves,” Stibel told CNNMoney. “We wanted to prove that this was something that had substance and depth.”
He’s planning to invest in different fields, including technology, media and data companies, especially those that lean towards sports and wellness.