BREAKING NEWS: Kobe Bryant becomes a VC!! A16Z y'all better watch out....

in #beyondbitcoin8 years ago

http://www.wsj.com/articles/kobe-bryant-and-jeff-stibel-unveil-100-million-venture-capital-fund-1471838403

"Mr. Bryant, who turns 38 Tuesday, isn’t going it alone: He is partnering with 43-year-old Jeff Stibel, a longtime entrepreneur and investor who was introduced to Mr. 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 Mr. Bryant’s retirement from basketball have they decided to formalize their relationship and fund.

The two men are contributing the $100 million—which they expect to invest over the next few years—and aren’t seeking outside investors yet."

This reminded me of Chris Sacca's comments about how obsessively Kobe was getting himself up the curve on investing in early stage tech.

http://www.businessinsider.in/Billionaire-investor-Chris-Sacca-told-an-amazing-story-about-how-obsessed-Kobe-Bryant-is-with-being-a-successful-investor-in-the-start-up-world/articleshow/52047404.cms

Don't count Kobe out! If anybody can make this cross-over work, it's him!