Monday, August 22, 2016
Kobe Bryant, Jeff Stibel Team On New $100M Venture Capital Fund In LA
In an interesting intersection of LA's world of technology, investing, and sports, Kobe Bryant, the LA Laker star, and technology startup veteran Jeff Stibel have teamed up to create a new, $100M venture capital fund, to invest in technology, media, and data companies. According to the two, the new firm, Bryant Stibel, will be entirely funded by Stibel and Bryant. Stibel is a very active angel investor in Los Angeles, in addition to having been CEO of D&B Credibility, among other companies. Bryant and Stibel apparently have been investing together since 2012, in such companies as LegalZoom, RingDNA, and others.