Kevin Durant’s Cash-Flow Commandments Revealed!
Durant isn’t merely a hoops virtuoso; he’s a financial maestro, conducting what we’ll call “Durant’s Cash-Flow Commandments” – a symphony of success that echoes far beyond the hardwood. As we unravel the seven seismic assets that define his financial playbook, it becomes clear that Durant isn’t just dominating the game; he’s rewriting the rules, leaving rivals in awe and fans eagerly perched on the edge of their seats.
Kevin Durant’s Cash-Flow Commandments
Thirty-Five Ventures: A Slam Dunk in Business
First on the list is Durant’s brainchild, Thirty-Five Ventures (35V). Co-founded with Rich Kleiman, 35V has morphed into a sports, media, and entertainment juggernaut, flaunting ownership stakes in rising sports entities like the NWSL and e-sports franchises. Talk about a slam dunk in the business world!
Boardroom: Durant’s Intersection of Media and Sports
In 2019, Durant’s entrepreneurial spirit birthed Boardroom, a revolutionary media network at the intersection of sports, entertainment, business, and culture. This dynamic duo, via 35V, is reshaping the industry, delivering exclusive insights, breaking news, and a VIP pass to the movers and shakers of the game.
Thrive Global: Durant’s Backing and Soaring Valuation
Thrive Global, a behavior change technology titan founded by Arianna Huffington also cuts. With Durant and his fellow NBA star Andre Iguodala backing it, this New York-based behemoth raised a jaw-dropping $30 million in a funding round, skyrocketing its valuation to an impressive $120 million.
Jeeves: The Remote Financial Operating System Jackpot
Enter Jeeves, a financial operating system powerhouse headquartered in the Big Apple. Kevin Durant, Andre Iguodala, and Odell Beckham, Jr. have invested in this entirely remote company, experiencing an impressive 250% YoY growth and surpassing a $40 million annualized run rate in 2022. Now, that’s a jackpot!
Happy Viking: Durant’s Endorsement for Wellness
Happy Viking, a nutrition and wellness marvel founded by tennis legend Venus Williams, has Durant’s endorsement. In 2022, this plant-based superfood nutrition company bagged $2 million in investment from heavyweights like Durant, Venus, and Serena Williams. Durant isn’t just scoring on the court; he’s championing a healthier lifestyle off it.
Philadelphia Union: Durant’s Footprint in Soccer Ownership
But wait, there’s more! Durant’s got his cleats in the soccer field too, with a stake in the Philadelphia Union. This minority ownership share in Major League Soccer’s Philadelphia Union earned him a spot among the elite club owners, rubbing shoulders with Jay Sugarman, the majority owner and chairman.
Real Estate Ventures: Durant’s Strategic Investments
And finally, beyond the glitz of the sports and tech world, Durant has entered the real estate arena with strategic investments. A lavish property in Malibu, California, worth over $12 million, headlines his portfolio, alongside other prized properties in bustling Oklahoma City.
In conclusion, Kevin Durant isn’t just a basketball virtuoso; he’s a financial wizard, weaving success stories in diverse sectors. His portfolio is a testament to the fact that in the game of life, he’s not just playing; he’s winning!
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