In an exciting development off the basketball court, NBA star Giannis Antetokounmpo has announced the launch of his new venture capital initiative, Build Your Legacy Ventures. The fund will concentrate on investments in the sports, entertainment, and technology sectors, targeting early-stage startup companies for growth and development.
Antetokounmpo, the Milwaukee Bucks standout and two-time NBA MVP from Greece, aims to use this fund to bridge the gap between entrepreneurs and potential investors, facilitating business expansion and innovation. "This fund is not just about capital; it’s about forging partnerships and opening my network to accelerate the growth trajectory for companies," he expressed. "I want to help other entrepreneurs, especially those who have faced barriers, to grow and succeed."
One of the fund's initial investments is in Unrivaled, a groundbreaking new women’s 3-on-3 basketball league. Giannis's entrepreneurial spirit is also evident in his stakes in the Milwaukee Brewers, Nashville SC, and LA Golf Club.
Antetokounmpo's dynamic presence isn't limited to the business world. He recently demonstrated his basketball prowess by scoring 41 points, securing nine rebounds, and eight assists in the Bucks’ commanding 122-106 win against Chicago.
Through Build Your Legacy Ventures, Antetokounmpo is poised to make a significant impact both in venture capital and the growth of emerging sports and tech enterprises.