The Kansas City Chiefs quarterback, Patrick Mahomes, has become something of a household name thanks to his 2019 season with the team when he led them to their first Super Bowl appearance in 50 years. Even though he has only been at the pro level for a short time, other opportunities like endorsements with Subway and Adidas, as well as other high profile investments in the sports industry , have helped to propel his visibility beyond the sports world. With a career that seems to only be getting brighter with time, a common question many people ask is exactly how much is Patrick Mahomes worth these days? Patrick Mahomes’ Early Life Patrick Mahomes is a native Texan from the town of Tyler where he was born in 1995. He is the son of Pat Mahomes, who is a former MLB pitcher for several teams in the U.S. and who also played a few seasons in the Nippon Professional League in Japan. From a young age, Patrick always showed an interest in sports, having played basketball, baseball and...

Gone are the days of compliance assessments that go on for hours thanks to ByteChek, a technology startup that just announced a $3 million seed round. According to a press release, ByteChek is a Miami-based cybersecurity compliance startup that has announced plans to enhance their all-in-one compliance automation solution for Service Organization Control (SOC 2), HIPAA, and International Organization for Standardization (ISO) 27001 compliance assessments. “Over the years, we’ve seen an increasing demand for automated solutions to solve compliance problems,” said ByteChek CEO and Founder, AJ Yawn, in an official press release. “We’re going to continue to lead the charge to simplify compliance and bring a solution to the market that doesn’t involve multiple providers and complex processes. ByteChek’s automated platform is ushering a new era of compliance automation.”

This fraternity is putting brotherhood to the test with a new initiative to help startups and their respective communities build wealth. According to Watch The Yard, 18 members of Kappa Alpha Psi Fraternity, Inc. from all over the nation have partnered with 12 Black and brown executives to form an Equity Crowdfunding Portal. Seed At The Table is FINRA approved and a win-win situation as that it will provide access to capital for diverse founders and allow investors to place their stake in private businesses at lower minimums. “[Seed At The Table] is committed to spurring economic advancement and firmly believes both a founder’s ability to access capital and an individuals’ ability to invest in the business and products they consume are paramount to the viability of Black and Brown commerce,” said founding member and brother of Kappa Alpha Psi, Pierre Le Veaux, in an interview with Watch The Yard. Generally to invest in an early-stage startup, one must have an accredited investor...

Global online sports retailer Fanatics has reached a whopping valuation of $18 billion thanks to some big time investors. CNBC reports that the sports e-commerce merchandise company has secured an additional $325 million in its latest round of funding to help expand its online offerings. Some of its many investors include Jay-Z and the rapper’s entertainment company, Roc Nation. Other major investments in the platform come from companies like MLB, SoftBank, Silver Lake, Eldridge, TWG Sports Media & Entertainment, and Insight Partners. According to The Wall Street Journal, Fanatics says that it expects to rake in $3.4 billion in revenue this year — a major increase from $2.6 billion in 2020 — and with its new valuation it may just reach that goal. For everyone involved, including Jay-Z, an investment in Michael Rubin’s Fanatics could mean supporting the future of sports merch as we know it beyond apparel and memorabilia. The company’s next move is to transform itself into a digital...

An all-star lineup of pro-athletes and celebrity investors have joined the latest funding round for investment platform Titan. According to a press release, Kevin Durant, Odell Beckham Jr., Will Smith and others have participated in fundraising for a $58 million Series B on behalf of Titan — a firm that brings premier investment management to the everyday investor. The round was led by Andreessen Horowitz (a16z), with participation from existing investors such as General Catalyst, BoxGroup, and Ashton Kutcher’s Sound Ventures. Titan reports that its new funds will be used to make substantial strides in building out its platform and suite of investment products, as well as scaling its core functional teams. Amidst the new wave of building wealth in our society, Titan acts as a modern-day catalyst jumpstarting a new generation of investors looking to easily manage their investments. With help from its star-studded investors, Titan hopes to continue scaling the company to be a useful...

Tennis superstar and philanthropist Serena Williams is giving back to underserved communities by backing leading rent reporter fintech company Esusu. According to a press release, Williams participated in the company’s $10 million Series A funding round — led by Motley Fool Ventures — with an undisclosed “significant investment” through her venture capital firm, Serena Ventures. In speaking with CNBC, Williams shared that she started her company to “invest in diverse founders and early-stage companies that outperform and generate impact, while at the same time empowering others and creating opportunities” — thus identifying Esusu as one of those very companies. “Esusu is really focused on credit building and creating pathways to financial inclusion for not only working families but for individuals as well,” she shared in a press statement. “Their services also make rent reporting seamless – finally giving renters credit for what often is their largest expense every month. Last year,...

Of all the buzzwords and concepts in the tech sector today, cryptocurrency is perhaps the most misunderstood. Although many people can’t tell the difference between digital currency and cryptocurrency (in a nutshell: all crypto is digital currency, but not all digital currency is crypto), even more people have huge misconceptions about cryptocurrency (no, it will not destabilize the American dollar — Wall Street’s habit of playing blackjack with our retirement funds is doing a great job of that on their own). And, of course not a day goes by when we’re not inundated with Direct Messages from Insta-scammers who swear we can get rich off of crypto if we just give them money (all while they’re conflating Forex and crypto, which is nothing if not hilarious). Fetty Wap, however, doesn’t have any of those problems. “Thankfully, my brother filled me in on the world of cryptocurrency,” he told AfroTech. “I had a lot of questions — like everyone, really — but fortunately, he was educated...

Famed actor Hill Harper is getting into the money game by way of financial technology that’s powering a newly-launched digital wallet for investors of color. According to a press release, Harper announced the launch of The Black Wall Street app just in time for Financial Literacy Month as a means to empower Black and Latinx investors and contribute to closing the racial wealth gap in America. This feat marks the first-ever Black-owned digital wallet and cryptocurrency exchange platform to exist in the U.S. Through this digital fintech platform, Harper hopes to create the world’s largest investment and financial literacy curriculum/toolkit for communities of color to use across the diaspora. “Our technology seeks to replicate the brick and mortar Black Wall Street, as a digital ecosystem that will galvanize the financially excluded and directly stimulate the economic growth and spending in marginalized communities everywhere,” Harper shares in a statement. “With the Black Wall Street...