Former NBA Star Jamal Mashburn Launches Venture Capital Firm(blogs.wsj.com)
blogs.wsj.com
Former NBA Star Jamal Mashburn Launches Venture Capital Firm
http://blogs.wsj.com/venturecapital/2013/09/11/former-nba-star-jamal-mashburn-launches-venture-capital-firm/
5 comments
This actually offends me that you called him Jamal Washburn. It's Jamal Mashburn, and you're conflating him with Chris Washburn who actually did go broke.
I'm sorry that you're so easily offended. Wasn't my intent to misspell the name. Original comment has been edited.
Washburn is actually doing quite well now: http://www2.hickoryrecord.com/news/2012/apr/08/4/washburns-r...
It seems that if you are publicly wealthy you are going to get 'pitched' pretty much regardless. I am always impressed by folks who are "rich" and do their homework. And of course being a tech guy, watching these multi-million dollar 3 - 5 year deals that sports players get, I do my share of "If I could open a fund with $15M these are the areas I'd put my money into." sort of arm chair VC'ing.
Living with some of the folks in college who would later go on to be "big stars" in the NFL it was clear that some were thinking ahead, even then, and some were winging it :-).
Living with some of the folks in college who would later go on to be "big stars" in the NFL it was clear that some were thinking ahead, even then, and some were winging it :-).
for an interesting perspective on the extreme opposite end of the pro-athlete-financial-responsibility spectrum, check out the highly entertaining (even if a bit sloppy) documentary 'broke' by 30 for 30 (espn).
http://movies.netflix.com/WiMovie/30_for_30_Broke/70239460
http://movies.netflix.com/WiMovie/30_for_30_Broke/70239460
Where is this fund based? Says Florida, but where?
Since he used to play for the Heat, I would guess Miami.
- Im glad that athletes are finally smartening up.
Magic Johnson is quite the entrepreneur. He's worth $500-$700 million.
http://en.wikipedia.org/wiki/Magic_Johnson_Enterprises
http://en.wikipedia.org/wiki/Magic_Johnson
I'm sure there are others but he's one of the most famous.
http://en.wikipedia.org/wiki/Magic_Johnson_Enterprises
http://en.wikipedia.org/wiki/Magic_Johnson
I'm sure there are others but he's one of the most famous.
Shaq is no slouch in terms of business savvy either.
Not to mention his doctoral degree in education.
[1] - http://bleacherreport.com/articles/1085063-the-9-most-financ...