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Not having a chance to invest in major players in tech ultimately catapulted Serena Williams into the investment ring. During an interview on Bloomberg’s “The Deal,” Williams recalls a time in her tennis journey when she could have faced less pressure to win on the court if she had placed dollars in companies such as Facebook, Airbnb and Google — all companies valued at more than $100 billion today. “Tennis is all sponsor based, and I would see like some of these sponsors come up, but I’m like, ‘Well I have some little cash, like how did I not invest in Facebook? How can I invest in Airbnb or how did I miss Google? Or like, you know, all these companies,'” Williams said on “The Deal.” “ And I started to ask these questions like, ‘Why am I out here breaking my neck and sweating when I could have invested in these companies and I could still be doing the same thing, but it wouldn’t have to be such dire needs, ‘I’ve gotta win this U.S. Open this year. I’ve gotta pay these bills.’ So, I...
Angela Bassett became the highest-paid woman of color on broadcast television when she renegotiated her salary for the hit Fox series, “9-1-1.” Vanity Fair reported that the veteran actress now receives $450,000 per episode — and this salary encompasses both her acting and her executive producing of both the flagship show and its spin-off, “9-1-1: Lone Star.” And while, certainly, $450,000 per episode is more than the average working actor is receiving, it’s nowhere near as much as Angela Bassett deserves — given her history, her pedigree, and her talent. “ Higher per-episode paydays were received by Sofia Vergara, who earned a reported $500,000 an episode of ‘Modern Family’ by the end of that show’s run, and Kaley Cuoco, who reportedly received $900,000 per episode of ‘The Big Bang Theory’ during her sitcom’s final seasons,” reported the outlet. That said, the veteran actress isn’t just a performer and a producer. Rather, she’s also a wife and a mother: married for more than 25...
OneOf is placing artists in a position to thrive in the era of Web3. According to a press release, the Quincy Jones-backed platform has announced the launch of a Web3 fan club and NFT program titled CO//SIGN, which was curated to ensure budding musicians can be empowered through the world of NFTs. Featured artists will include Amindi, Rakeem Miles, Elujay, and more. They will all receive an NFT collectible, designed by multidisciplinary digital artist SillyGabe, which will drop every Wednesday starting April 20, 2022, on oneof.com. A majority of the proceeds will help sustain the careers of the artists. View this post on Instagram A post shared by OneOf (@oneofnft) “The OneOf CO//SIGN program was designed to completely reinvent the decades-old fan club in a truly modern way with Web3 technology,” said Adam Fell, Co-Founder of OneOf, longtime artist manager, and President of Quincy Jones Productions, in a statement. “Using the inherent scarcity of non-fungible tokens, a new economic...
Softbank is betting big on Africa for the first time ever with a hefty investment in Nigerian fintech startup Opay. Bloomberg reports that the financial giant’s SoftBank Vision Fund 2 led a $400 million funding round for the fintech company, now bringing its value to $2 billion. Others that participated in the round include Sequoia Capital China, Redpoint China, Source Code Capital, Softbank Ventures Asia, DragonBall Capital and 3W Capital. Opay — a one-stop payment platform for consumers’ everyday needs founded in 2018 — previously raised two funding rounds back in 2019 with a $50 million Series A and $120 million Series B, TechCrunch shares. According to an emailed statement from OPay Chief Executive Officer Yahui Zhou, the hope is that the new funding will help the company “be the power that helps emerging markets reach a faster economic development.” “We believe our investment will help the company extend its offering to adjacent markets,” said Kentaro Matsui — a SoftBank Group...
On Thursday, SoftBank announced the launch of the SoftBank Innovation Fund, a $5 billion tech fund investing in startups throughout Latin America, as reported by The Wall Street Journal . According to the company’s statement , the fund will specifically start in Argentina, Brazil, Chile, Colombia, and Mexico. It will focus on covering e-commerce, digital financial services, healthcare, mobility, and insurance. The fund will be headed by former Sprint CEO and Bolivian native, Marcel Claure. “Growing up in Latin America I witnessed firsthand the creativity and passion of the people,” Claure said. “There is so much innovation and disruption taking place in the region, and I believe the business opportunities have never been stronger. The SoftBank Innovation Fund will become a major investor in transformative Latin American companies that are poised to redefine their industries and create new economic opportunities for millions of people.” According to the Wall Street Journal, the new...