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Caleb Williams, rookie quarterback for the Chicago Bears, is scaling his interest in the investment space. While in college at the University of Southern California, Williams was among the first athletes to leverage name, image, and likeness (NIL) deals. He became a part- owner of the male grooming company Faculty in 2022, as AFROTECH™ previously reported. He was also the No. 1 draft pick in the 2024 NFL Draf t and was picked by the Chicago Bears . Now, Williams is scaling his interest in the investment arena by launching his own investment firm. Williams has established 888 Midas, which will “capitalize on select alternative investments in private equity, venture capital, and real estate,” according to a press release. His partners and advisors will support the firm. They include: Sherif Guirgis, former managing director of Main Street Advisors Ross Walker, co-founder and managing partner of Hawkins Way Capital, a multi-billion-dollar real estate enterprise John Terzian, co-founder...
Reggie Bush has been all over the news in recent weeks after the Heisman Trust announced a formal reinstatement of the NFL legend ‘s long-rescinded Heisman Trophy. Bush originally earned Heisman honors in 2005 while attending USC , before having the title stripped from him in a 2010 student athlete reimbursement scandal. Now, many football fans and fellow Heisman winners alike agree that a decades-old wrong has officially been made right, with Reggie Bush expected to attend future Heisman ceremonies as an esteemed alumnus. Despite the temporary loss of his Heisman honors, Reggie Bush continued to make waves on the field with NFL teams including the Miami Dolphins , the Detroit Lions, and the San Francisco 49ers, among others. Throughout the course of his NFL career, Bush is said to have taken in over $60 million in salary alone, resulting in a net worth of $25 million in 2024, per Celebrity Net Worth . Let’s examine the life and career of Reggie Bush, and analyze the multiple...
A serial entrepreneur has shared a story revolving around the early beginnings of 50 Cent building his business acumen. In an Instagram post, Jesse Itzler shared that the rapper and businessman was once an intern for him. According to Itzler’s website, he has built and sold Marquis Jet, Zico Coconut Water, 29029 Everesting , and more. He is also part owner of the NBA’s Atlanta Hawks.
An old saying suggests, “life comes at you fast.” And that’s a sentiment that proved to be true for former NFL player Vince Young. Young was a college quarterback standout for the University of Texas Longhorns. He would lead the team to a national championship win over the University of Southern California Trojans in the Rose Bowl in 2006. His collegiate performance on the field led to his drafting as the No. 3 pick to the Tennessee Titans later that year. According to Spotrac, Young’s initial contract with the Titans earned him $25 million. Throughout his career, he would go on to be signed by the Philadelphia Eagles, Buffalo Bills, and Green Bay Packers. During his overall time on the field, he averaged 8,964 passing yards and threw 46 touchdowns. However, it was his time with the Titans that launched him into NFL superstardom. According to Bleacher Report, Young became the first-ever rookie quarterback to rush for over 500 yards, leading the Titans to a record of an 8-8 finish...
Privately-held investment firm ICONIQ Capital has invested $60 million in Squire Technologies following its latest Series C funding round. According to Fortune, the four-year-old payments company — who raised $34 million for its Series B round just six months ago — is the leading barbershop management and point of sale system software looking to help bring new businesses online. ICONIQ, which invests on behalf of Mark Zuckerberg and Jack Dorsey, has been eyeing the male grooming industry for some time, according to the firm’s Yoonkee Sull. “The men’s barbershop and grooming industry as a men’s industry has grown very robustly from an interest perspective, which has been a boom to the barbershop industry,” Sull said. Founded by Songe LaRon and Dave Salvant, Squire is an all-in-one, easy-to-use platform that allows businesses to fully integrate their business into a system that can increase revenue and create a smooth customer experience. In addition, the product features contactless...
People are living increasingly busy lives. So when it comes to hitting up barbershops, most people don’t have time to wait around. The barbershop scheduling app, Squire, aims to make the entire experience easier for both barbers and customers. Recently, Squire raised $8 million in a round of Series A funding led by Trinity Ventures. The app — which launched in 2016 — has raised $12.2 million to date. In the United States, men’s grooming has grown to be a $20 billion market . So, it’s a smart move for investors to get in on this. Schwark Satyavolu, General Partner at Trinity Ventures and member of Squire’s Board of Directors, said: “Squire has done a phenomenal job of creating a delightful user experience for both small business owners and their customers. They are making payments disappear on both sides of a complex, multi-step transaction, and they are bringing innovative Silicon Valley technology to the SMB ecosystem.” Currently, Squire operates across 28 cities. The company told...