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How Kevin Durant became Silicon Valley's hottest startup

Posted on 2/21/17 at 10:40 am
Posted by RedRifle
Austin/NO
Member since Dec 2013
8335 posts
Posted on 2/21/17 at 10:40 am
LINK

Mr. Durant signing autographs at the offices of YouTube. Credit Jake Michaels for The New York Times

quote:

SAN FRANCISCO — Until last summer, Kevin Durant was certainly famous, but maybe not famous enough. Here was a perennial N.B.A. All-Star and former most valuable player who had been ranked No. 4 on GQ’s list of the most stylish players in N.B.A. history. He had a reported $300 million endorsement deal with Nike, and Lifetime had even made a movie about his mother, “The Real MVP: The Wanda Durant Story.”

quote:

Eight months after the decision that rocked the sporting world, Mr. Durant, 28, a starter in Sunday’s N.B.A. All-Star Game, is easing into a new life as a new face of the Warriors, a brash brand of disrupters armed with Google-scale ambition that has been called “tech's team.” He drives a Tesla, pals around with the Silicon Valley’s A-list and is laying the foundation for a tech empire of his own.

quote:

Then the talk took a more serious turn. Asked if he is plugging himself into the Bay Area tech scene, Mr. Durant responded that he is eagerly following the lead of a Warriors teammate, Andre Iguodala, who is a noted investor in companies like Twitter, Facebook and Tesla. Last summer, in fact, Mr. Durant and Mr. Kleiman unveiled a start-up of their own, the Durant Company, with a swelling portfolio of investments in tech companies like Postmates and Acorns, in addition to hotels and restaurants and film and television development. They are also investing with Ronald Conway, one of Silicon Valley’s “super angel” investors and a front-row fixture at Oracle Arena (the Warriors’ current home in Oakland), and consulting with Laurene Powell Jobs, Steve Jobs’s widow, on his own charity foundation. In a sense, Mr. Durant is not wholly unlike the legions of ambitious 20-somethings in hoodies and cool sneakers who descend on Silicon Valley to make hundreds of millions.

quote:

In September, he celebrated his birthday at a lavish barbecue at the house of Ben Horowitz, the influential venture capitalist and business partner of Marc Andreessen. Two months later, he watched the election results at the home of Eddy Cue, Apple’s senior vice president for internet software and services, along with Tim Cook, Apple chief executive, and Pharrell Williams. “I think that’s why a lot of athletes and entertainers work well with some of those guys, because for one, they all had humble beginnings,” Mr. Durant said. “They built something from the ground up, so they can relate to us.”
This post was edited on 2/21/17 at 10:44 am
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 2/21/17 at 10:43 am to
would love to have that kind of money and be an angel investor or venture capitalist in that area. good for him for trying to diversify.
Posted by ChineseBandit66
Denver, Colorado
Member since Jul 2013
1794 posts
Posted on 2/21/17 at 10:44 am to
interesting for sure but he isn't really a tech startup but more an investment firm startup...those tech fools could swindle him out of his millions faster than Rocky Balboa after he came back from Russia in Rocky IV
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58616 posts
Posted on 2/21/17 at 10:44 am to
so being blessed with athletic and physical ability, is just like busting arse in school and in the business world and creating your own company?

yea ok.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20381 posts
Posted on 2/21/17 at 10:47 am to
Exactly. They are acting like this guy and the tech guys are the same because they have money. WRONG.

One group knows what has potential for growth and the chance to make billions, the other guy has to take someone else's word for it. Guess which one is going to end up losing out?
Posted by Arkapigdiesel
Faulkner County
Member since Jun 2009
15766 posts
Posted on 2/21/17 at 10:48 am to
When you are a multi millionaire, you can do stuff life Durant is doing.
Posted by boosiebadazz
Member since Feb 2008
86379 posts
Posted on 2/21/17 at 10:50 am to
Russell never stood a chance :(
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58616 posts
Posted on 2/21/17 at 10:59 am to
quote:

Exactly. They are acting like this guy and the tech guys are the same because they have money. WRONG.

One group knows what has potential for growth and the chance to make billions, the other guy has to take someone else's word for it. Guess which one is going to end up losing out?


it isnt "They" it is the athletes. they think their talents relate to the hard work it takes to make it in the business world.

quote:

“I think that’s why a lot of athletes and entertainers work well with some of those guys, because for one, they all had humble beginnings,” Mr. Durant said. “They built something from the ground up, so they can relate to us.”
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