Tennis superstar Serena Williams has been quietly building a venture capital portfolio since 2014, amassing investments in more than 30 startups with an accumulated market cap of $12 billion. On...
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, […]
For the third time this week, an NBA owner has made moves in the eSports world, with the latest coming Wednesday as Memphis Grizzlies Co-Owner and Co-Executive Chairman Steve Kaplan reportedly increased his stake in gaming team Immortals. Peter Levin, the President of Interactive Ventures and Games at Lionsgate, told GamesBeat that Levin is now a […]
Team Liquid, an eSports franchise, announced the sale of the controlling interest of the team to an ownership group called aXiomatic that includes professional sports owners Peter Guber, Ted Leonsis and Magic Johnson. Guber and Leonsis will serve as Co-Executive Chairmen of the new ownership group. Guber is an owner of the Golden State Warriors […]
Think. If you started when you were six years old, spent countless summers battling the heat during three-a-days, lifted the weight of the world in the gym, made it to the upper echelons of college sports, all of which culminated in a few long-term and richly laced professional contracts, what would you do with your […]
