If you are NBA Golden State Warriors forward Drummond Green (Draymond Green), you don’t have to think about it, you are going to be pushed away by various arrangements in your daily life. The first thing is to train with three top NBA players every day. However, when it comes to the "Tsunami Brothers" combination of Stephen Curry, , Kevin Durant and , Clay Thompson , they are not only calling the wind and rain on the court, but outside the court, the three of them are playing well in the business world.
Curry recently announced that he had participated in the first round of investment in a startup company. The company is committed to conducting tourism business with artificial intelligence technology. In addition, Curry also released a social application that he invested in and developed by himself - Slyce. As for Durant, in the past three years he has been playing in the Bay Area, he has used California resources to invest in startups such as Acorns (a smart investment advisory service company founded in 2012) and Postmates (which mainly provides third-party delivery services to merchants). Let’s look at Thompson. Last year, he signed a 10-year contract with Chinese sports brand Anta Sports with a total price of up to US$80 million. The contract will not expire until 2027.
Durant has invested in several companies, including technology companies in Silicon Valley, California
In short, the three musketeers of Warriors helped the team reach the finals in the past four years and won three championship trophys, but their off-court portfolio is no less than this result on the basketball court.
Green is crucial to these great achievements the Warriors have achieved, but at the moment, he has not shown enough aggressiveness in the investment field off the court. This does not mean that Green lacks confidence or lacks ambition in the field of business investment, because he has previously publicly stated that 's goal is to become a super rich man with billions of dollars in property before he is 40 (now Green is 28), and he has also shared his interest in building a business portfolio.
"We will talk about the investment projects we are currently working on, talk about their operations and some of the startup projects that we are striving to participate in at the moment," Green in a file called "Kneading" Dough (the program was launched by Uninterrupted, a digital media company founded by Maverick Carter), said, "As we all know, Durant is now a shareholder of Postmates, so he is a little bit trying to show his business capabilities through Postmates. The comparison between each other is beneficial, which is also interesting, and I think it is really great to inspire everyone to continue moving forward on the right path in this way."
Curry and his wife expanded their business territory
In mid-December, Green announced that he had invested in a newly established investment fund company called "100K Ventures", which undoubtedly portrayed his ambitions off the court clearer. Green and the investment fund company's common goal is to encourage aspiring people from cities such as Michigan, Flint, and other cities to come up with their own entrepreneurial ideas and help entrepreneurs develop their own businesses. Green was born in Sekeno City and is a Michigan native. In 2012, the Warriors selected Green with the 35th overall pick in the draft. Before that, he had already played quite outstanding career performance at Michigan State University . Green has always done many charity and charity in Michigan, and the most recent time was when he returned to his hometown to serve Thanksgiving dinner for the children.
100K Ventures fund will be managed by former Wall Street executive Robert Wolf, who previously served as the campaign funder for former U.S. President Obama . In addition, the fund is working together with the nonprofit “100K Ideas”, headquartered in Flint City, focusing on evaluating entrepreneurial ideas and assisting them in developing ideas into mature business operations.
Investors are attracted by the "100K Ventures" concept because everyone has the opportunity to work with independent entrepreneurs. You should know that these entrepreneurs cannot get entrepreneurial funding at the same level as the fund in other venture capital markets.The 100K Ventures fund has also attracted the attention of some celebrities, including former NFL star Victor Cruz and former city mayor Michael Nutter. In addition, Soledad O’Brien (former CNN broadcast reporter, now HBO broadcast reporter and executive producer) has also invested in the fund.
"We have heard and witnessed many entrepreneurial tragedies in Flint (because we can't get investment)," said Soledad O'Brien, founder of 100K Ventures Fund. "In fact, the city of Flint is a city of innovation with a long history, and it is one of the birthplaces of the American automotive industry. My partners and I firmly believe that with some time and effort, the city's innovation spark can be reignited."
Flint, Michigan - "100K Ventures" members took a photo with
In addition to potential capital investment and entrepreneurial guidance, Wolf also wants to use the influence of the members of the 100K Ventures Fund to help entrepreneurs in the Flint area gain more national exposure and enhance the city's awareness of venture capital. Investors like Green are very influential. Not only does he play in one of the best teams in the NBA at present, he also has 1.27 million followers on Twitter , which is very helpful in achieving the above goals. Wolf clearly expressed his strong desire to develop the city of Flint, and serving the city will be the focus of many investors, but despite this, Wolf did not want outside observers to confuse the fund with charitable organizations.
"This is not a foundation or charity, it is a venture capital established for those good entrepreneurial ideas. We will invest money in these startups," Wolf said in an interview.
Although "100K Ideas" has only been operating for a short year, considering its rapid development, many people must be very interested in starting a business in Flint. More than 250 entrepreneurial plans have been submitted to the organization. In an interview with the media, Olila also said that the organization encourages everyone to pursue their dreams and explore good entrepreneurial ideas.
"Come here with your ideas, even if you don't have the idea yet, come and learn how the next startup project will run," Olila called. "It is hard to say whether an idea is realized or not, but you need to share it with everyone first, and then we will do it to see where we can go in the end."
Although Green has made as much as $48 million in his career, he still has to speed up his horsewhip in order to achieve his ambitious goal of billion-dollar in 2030. Through the "100K Ideas" channel, Green may discover some future big winner companies. But regardless of whether the fund is successful or not, Green has left an undeniable positive impact in Michigan, a hot land where he has strong emotions.
extended reading:
Statement: This article is compiled by Lazy Bear Sports from Forbes, and the original author is Simon Ogus
