Ex-NBA commissioner David Stern, along with a handful of other venture capital firms, have invested in Overtime’s $2.5 million seed round, CEO Dan Porter announced Wednesday. Overtime is a smartphone app that allows for users to record, edit and share short-form sports video content, slightly similar to what Vine used to be before it transitioned to […]
The NBA and National Basketball Players Association announced Wednesday they had reached a tentative agreement on a new collective bargaining agreement pending ratification, and reportedly, the new deal will make progress in addressing wearable technology. The two sides agreed to form an advisory committee on how the league will use wearable technology and the data […]
NBA legend Magic Johnson and former NBA commissioner David Stern have joined ShotTracker, a manufacturer of wearable tech for basketball, as investors and advisors to propel the brand’s newest, game-changing technology, ShotTracker TEAM. Johnson and Stern’s investment is part of a $5 million total seed funding that also includes investments from Elysian Park Ventures, Greycroft Partners, […]
