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Baron Davis’ jump shot isn’t the only thing that has allowed him to reach great heights! Boardroom TV reports that the former NBA superstar has linked up with Dusty Baker’s Turn2Equity Partners for a media, technology, and investment collaboration. According to the outlet, the companies have revealed that “Baron Davis Enterprises is advising and collaborating with Turn2 Equity Partners on its new holding company, Playrs Holdings, that will fund content creation, share resources, and maximize operational efficiencies” “From the jump, this partnership with Playrs was a no-brainer when we collectively realized we share similar platform visions and could form a super team stacked with superpowers ranging from executive leadership, M&A, to authentic roots in the culture, content creation, and more,” said Davis, Boardroom reports. “We’ve each been executing, and I’m excited, as is my team, to do so collectively and on an accelerated timeline as a result of the partnership.”
Black Santa is here in digital form just in time for the holidays! Baron Davis Enterprises and Crypto.com have announced an exclusive non-fungible token (NFT) drop that is centered around Black Santa, the lead character and intellectual property (IP) created for the Davis’ multimedia content company, UWish. In a collection that will be released today (Dec. 17), the two-time NBA All-Star and entrepreneur is on a mission to give children a magical world of untold possibilities through the digitized character. “I believe that it is very important for Black children to see themselves accurately represented,” said Davis in an exclusive email interview with AfroTech. “In sports, it’s people of all cultures celebrating creativity, art, and entertainment. I want to be able to bridge that gap and tell the story behind Black Santa and find new Santas that represent the people who are in sports and the world.”
There’s no age limit on when people can learn financial literacy, according to mobile banking app Goalsetter. The Black-owned kids and family finance app announced that it has raised a $3.9 million seed capital round and plans to use the funds to accelerate subscriber growth and enhance its ability to further expand its platform, according to a press release. The funding round was led by Astia, with participation from other companies such as PNC Bank, Mastercard, US Bank, Northwestern Mutual Future Ventures, Elevate Capital, Portfolia’s FirstStep Fund and Rising America Fund, and Pipeline Angels. In addition to those major investors, Brooklyn Nets’ Kevin Durant, Phoenix Suns’ guard Chris Paul, former NBA star Baron Davis, and ex-MLB player C.C. Sabathia all joined as individual investors in the revolutionary app. “We are proud to support Goalsetter in their mission to increase financial literacy in Black and Brown communities,” Durant shared in a statement. “Financial education is...
CEO and founder of Uplifting Results Lab, Marc Washington created Muniq — the LA-based, innovative consumer health and food-tech brand — in an effort to inspire more people to regain control of their health. Today, Muniq announced in a press release the closing of a $8.2 million Series A investment round. The round was led by Alpha Edison and Acre Venture Partners, in addition to NBA star, Baron Davis, founder of SimplyProtein, Cathy Richards, and more private equity investors. View this post on Instagram A post shared by Muniq (@muniqlife) “I created Muniq in honor of my late sister, Monica, who suffered from diabetes and other chronic health issues,” said Washington, who also has an extensive background as a health and wellness executive. “It’s always been my aspiration to help people regain control over underlying conditions, with products that can literally transform their health and that actually taste good.” Muniq offers products like nutritional shakes formulated with...
Reebok may soon be owned by two of the hottest names in the sports and entertainment world. According to Forbes, its German sportswear parent company, adidas, plans to offload the household name brand, which was once a cultural icon. Reebok, who has seemingly struggled to grasp the attention of today’s tastemakers and trendsetters, could soon be back in the limelight under the direction of serial entrepreneur, Percy “Master P” Miller, and former NBA All-Star Baron Davis. Currently, the dream team is looking to acquire the company which reportedly has an asking price of about $2.4 billion. View this post on Instagram A post shared by Master P (@masterp) Founded in 1958, Rebook was purchased for $3.8 billion by adidas back in 2005. However, the company reports their book value is down by nearly half of what it was in 2018 — 842 million euros which translate to $995 million. It is now imperative to bring on people like Davis and Miller who not only have a business mindset but have...
A star-studded group of celebrity investors has come together to back Cann — a Los Angeles-based purveyor of cannabis-infused social tonics — according to the company’s latest announcement . Among those many celebrity investors is two-time NBA All-Star and entrepreneur, Baron Davis — who is also a well-known businessman and founder of several companies including Sports and Lifestyle in Culture , The Black Santa Company , BIG and No Label . As one of Cann’s latest investors, Davis joins the brand’s collective mission to “revolutionize the way consumers socialize by offering better-for-you alternatives to alcohol and other vice products,” according to a press release . “Cann sits at the intersection of two powerful trends we’ve been monitoring at goop for some time: the ‘sober curious’ and ‘cannabis curious’ movements,” Gwyneth Paltrow — actress and founder & CEO of goop — shared in a press statement . “There’s no reason why alcohol should be so much easier to purchase than Cann, and...