Long before Kobe Bryant suited up for his 1,566 and final game in the purple & gold, two things were very obvious. Bryant would end his career as one of the greatest shooting guards in NBA history and he would continue his greatness off the court.
It was rumored that Black Mamba would somehow be involved with business after his 20-year playing career was over, just no one was sure exactly how and in what capacity.
With Bryant’s recent announcement, the guesswork can be taken out of the equation.
Bryant recently revealed that he was starting a $100 million media, technology, and data fund.
After privately investing with Jeff Stibel, Bryant will partner with the vice chairman of Dun & Bradstreet, chairman of brain implant system BrainGate, and former president of Web.com.
— Kobe Bryant (@kobebryant) August 22, 2016
According to The Wall Street Journal, the private venture, Bryant Stibel, has already invested in 13 companies, including The Players’ Tribune, LegalZoom, video game designer Scopely, apparel T-shirt company Represent, Chinese e-commerce company Alibaba and VIPKid.
However, the venture capitalist fund does not include personal investments that the 18-time All-Star made through Kobe Inc., a company Bryant started in 2014. The first investment Kobe Inc. made was in the sports drink company BodyArmor, which also partnered with the Lakers for his final game merchandise on April 13th. His first investment was in sports drink company BodyArmor, which partnered with the
On that date, merchandise sold at the STAPLES Center totalled $1.2 million – setting a record for merchandise sales at a stadium or arena in a single day.
After announcing the partnership and ringing the opening bell at the New York Stock Exchange on August 22nd, Bryant told CNBC, “This is one of my passions. We are one gear, 100 percent laser-focused, and here we go.”
If Bryant is as competitive in business as he was on the court, there is little doubt that Bryant Stibel will be incredibly successful.