#USA Kobe Bryant’s next move: Venture capital

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Just months after officially retiring from the NBA, Kobe Bryant has a new game. 

Bryant is set to announce the formation of a $100 million fund for investing in technology, media and data companies, according to various media reports.

Bryant is teaming up with venture capitalist Jeff Stibel for a new firm that will be called Bryant Stibel. 

The fund is backed only by Bryant and Stibel for now, and is slated to be invested in the coming years. 

Bryant has made little secret of his interest in pursuing venture investing. His ambitions have been quietly discussed, with VC giant Chris Sacca telling Bill Simmons on a podcast that at one point that he had been advising Bryant on his entry into the industry.  Read more…

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