Kevin Durant and Rich Kleiman’s pickleball team has three new investors. Boardroom reports that Drake, Michael B. Jordan, and Steve Stoute have become co-owners in Thirty Five Ventures’ (35V’s) Brooklyn Aces.
Jul 20, 2023
Team ownership is a dream that isn’t rare for professional athletes. Kevin Durant hopes to turn that dream into a reality sooner than later.
Nov 7, 2022
The National Women’s Soccer League (NWSL) is rapidly growing, and investors like Kevin Durant and Rich Kleiman are taking notice. Through Thirty Five Ventures (35V), the business partners have become minority investors of NJ/NY Gotham FC, Boardroom reports.
May 4, 2022
Kevin Durant is making sure he ends the year off strong signing yet another lucrative deal, this time with Coinbase Global Inc. Bloomberg reports, the Brooklyn Nets basketball star, Thirty Five Ventures — co-founded by himself and Rich Kleiman — and media network Boardroom have signed a multi-year deal to promote the cryptocurrency platform throughout his various businesses. The deal marks a reunion for Durant and Coinbase CEO Brian Armstrong who previously crossed paths in 2016. While playing with the Golden State Warriors, Durant developed a greater interest in Silicon Valley following his desire to grow an investment portfolio in 2016. One year later, Durant participated in Coinbase’s Series D funding round which totaled $100 million at a $1.6 billion valuation, solidifying his relationship with the platform. “Being an early investor in a company you’re excited about is always an amazing feeling,” Durant said, according to Boardroom. “Being able to come back a few years later and...
Dec 15, 2021
The Kevin Durant takeover just won’t stop! As AfroTech previously reported, the Brooklyn Nets basketball star became one of the major buyers in a $1.35 billion merger agreement last month between SeatGeek and RedBall Acquisition Corporation, a blank check company. On Nov. 3, Reuters revealed that Kevin Durant has launched a $200 million special purpose acquisition company (SPAC), making him the latest celebrity to endorse a blank-check firm. According to Reuters, Durant’s Infinite Acquisition Corp’s initial public offering comes in “amid a chill in the SPAC market, due to tightening accounting guidance and regulatory scrutiny from the U.S. Securities And Exchange Commission.” The SPAC will trade under Ticker symbol “NFNT.U” on the New York Stock Exchange and be co-led by Durant and his longtime manager and business partner Rich Kleiman. LionTree, an investment and merchant banking firm, has also joined the dynamic duo as a sponsor of the SPAC. Infinite Acquisition Corp is set to buy...
Nov 3, 2021
Kevin Durant has been making business moves all year round, and his latest venture marks a new milestone. According to Adweek, Durant and his manager Rich Kleiman recently inked a two-year partnership with blockchain platform Dapper Labs’ NBA Top Shot. Their multimedia platform Boardroom will feature Dapper Labs’ NFT marketplace for NBA Top Shot — making Durant the first player to back NBA Top Shot. As previously reported by AfroTech, Boardroom — which relaunched in 2021 — is backed by Kevin Durant and Kleiman’s investment firm Thirty Five Ventures. The platform’s coverage for NBA Top Shot will include news and feature stories, giveaways, spotlights around key moments, fan-to-fan trading and behind-the-scenes video content, Adweek reports. “Through NBA Top Shot, Dapper Labs has proven that they can provide not just value but community with basketball fans, and they were able to build trust with fans very early on in the crypto space,” Durant said in a statement to Adweek. “Still,...
Oct 13, 2021
Kevin Durant and Rich Kleiman are tapping back into their Thirty Five Ventures-backed platform Boardroom to launch a new stream of content. According to Variety, in addition to relaunching the platform’s website, the duo is also announcing a slate of new programming with an upcoming video series titled “More Explanation Needed,” hosted by Pierce Simpson. The new show will offer Simpson’s perspective on all things sports, music, and culture, while featuring a lineup of celebrity guests and business leaders for short interviews. Additionally, “Risk-Reward” — a sports, business, and finance interview series hosted by sports reporter Ros Gold-Onwude — will also be premiering on Boardroom’s platform later this month. Boardroom — which brings the best of the sports business directly to fans — is a media network that showcases how athletes, tech moguls, and sports executives are moving the sports world, and culture itself, forward. The network was launched by Durant and Kleiman’s Thirty...
Feb 1, 2021