NBA superstar Giannis Antetokounmpo has launched Build Your Legacy Ventures, a venture capital firm focused on early-stage investing in sports, entertainment, consumer products, and technology. The firm will concentrate on seed investments, having made two such investments so far.
BYL Ventures is led by Antetokounmpo and his family, with the goal of giving back to the community and supporting future entrepreneurs. The fund aims to forge partnerships, utilize Antetokounmpo’s network, and provide hands-on mentorship to help companies grow.
Antetokounmpo stated that BYL Ventures will focus on finding innovative startups with big dreams, providing personalized growth plans, resources for refining market strategies, and business connections. “I want to help other entrepreneurs, especially those who have faced barriers, to grow and succeed,” he said.
The firm has already partnered with Unrivaled, a 3v3 professional women’s basketball league, and Candy Funhouse, an online confectionary platform. BYL Ventures will also expand on Antetokounmpo’s experience as an entrepreneur, investing in various other ventures, including Improbable Media and the Milwaukee Brewers.
“This fund is not just about capital; it’s about forging partnerships and accelerating growth for companies,” said Tashi Nakanishi, general partner of BYL Ventures. “Giannis brings an unmatched combination of global reach, acumen, and a commitment to empowering diverse entrepreneurs.”
Source: https://biztimes.com/milwaukee-bucks-superstar-giannis-antetokounmpo-launches-venture-capital-firm