Kobe Bryant Launches $100 Million Venture Capital Fund

Lakers Legend Kobe Bryant Honored With Espy Icon Award

Kirby Lee-USA TODAY Sports

Penny Hardaway on D'Angelo Russell: 'Knew He Was Special A Long Time Ago'
Kobe Bryant has been officially retired for a few months now, but he has not been sitting at home doing nothing, he’s been extremely busy. Kobe received the Icon Award at the ESPYs and the Global Impact Award from the NBPA.

Kobe has also made appearances in different commercials while tending to his company, Kobe Inc. That isn’t Kobe’s only business venture, however as he continues to make major moves.

According to the Blavity.com, Kobe has partnered with Jeff Stibel to launch a $100 million venture capital fund:

“Kobe Bryant just entered retirement, but he’s already busy launching a $100 million venture capital fund. Bryant partnered with Jeff Stibel to launch Bryant Stibel. They plan to invest in tech, media and data companies.”

Kobe’s partnership with Stibel is nothing new as the two have come together previously to invest in a number of businesses including The Player’s Tribune:

“This isn’t the first time the pair have worked together. They’ve invested in 15 businesses together since 2013. Some of their past investments include sports media site The Players’ Tribune, juicing company, Juicero, and game designer, Scopely. Bryant Stibel isn’t currently seeking outside funds.”

It is great to see Kobe doing so many things outside of the realm of basketball. Many have wondered whether Kobe, known as one of the most fierce competitors in the history of basketball, could truly stay away from the game he loves so much. Kobe has maintained that he will have no issues and will put his focus towards other things, and he is doing exactly that.

Kobe has still been keeping up with the Lakers as he had very good things to say about new head coach Luke Walton, and also spoke highly of both Brandon Ingram and D’Angelo Russell. Despite that, however, it looks like Kobe won’t be returning to the court as he has plenty on his plate.

Exit mobile version