September 2019

PRO TEAMS, RECORD LABELS, AND VENTURE CAPITAL

by editor|25 September 201925 September 2019|Uncategorized

Professional sports teams and record labels make money similarly to venture capital firms. That’s the reason why athletes and entertainers are making so much money and are drawn to technology investing; they innately understand the model because it's familiar! Follow @drivebyDraftkings to...

HOW TO VALUE YOUR BUSINESS

by editor|25 September 201925 September 2019|CAPITAL

There is no such thing as a bad investment, just bad pricing. The breakdown of how much your company is worth boils down to 2 factors; risk & competitiveness. RISK: how many points of failure/uncertainty will my business face between...

DRIVE BY DRAFTKINGS

by editor|18 September 201918 September 2019|CAPITAL

DRIVE by DraftKings , a unique ecosystem of athletes, entrepreneurs, investors, and sports business professionals, announced its official launch with investment from leading venture capital firms General Catalyst, Accomplice and Boston Seed. DRIVE will accelerate the movement of sports professionals into...

MONTHLY UPDATES

by editor|18 September 201918 September 2019|CAPITAL

If you are a founder and send monthly updates, you can increase the acceleration of your business. If you are a mentee and send monthly updates to your mentors, you can increase your development. I learned this when I was...

VISION

by editor|18 September 201918 September 2019|Uncategorized

I shared my vision with Black Enterprise , but I want to share how to refine your own vision. I actually learned my method from the Bible: Habakkuk 2: " And the LORD answered me, and said, Write the vision, and make...

BRIDGING CULTURE, SPORTS AND TECHNOLOGY

by editor|18 September 201918 September 2019|Uncategorized

It is really exciting to see 4 new athletes, 3 entertainers, and countless others successfully create VC funds! A lot of people ask me how to get into the VC industry and how I got into this business, so I...

GIVING THE GAME AWAY

by editor|18 September 201918 September 2019|COMMUNITY

Very Smart Brothas and Panama Jackson really dove in here. Most people don’t ask the “why.” For those of you from similar backgrounds as mine, I hope you can relate and share some of these thoughts on how people can channel the bad...

DAMIAN LILLARD

by editor|11 September 201911 September 2019|CULTURE

Although some people think basketball players are overpaid, I think they are underpaid. The top 50 Fortune 500 companies pay their highest-paid employee (the CEO) $25-50 million per year. They even get multiples of that if they get fired. But...

BUSINESS OF BASKETBALL

by editor|11 September 201911 September 2019|CULTURE

The business of basketball is very profitable, and athletes who could tribute the most aren’t in the top 5 in terms of benefits. These entities benefit the most: 1) Businesses in cities who have teams 2) Sportswear companies 3) The...

MALCOLM JENKINS

by editor|02 September 201902 September 2019|CULTURE

Malcolm Jenkins is one of the most respected Super Bowl champs in the game, so being able to help him expose his business partners and teammates to the ins and outs of tech investing was one of the highlights of...

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