Here at Clearpips, we were deeply saddened to hear of the untimely and awful death of Kobe Bryant, his daughter and the other unfortunate passengers on the crashed helicopter. Our condolences go out to all the families affected. We felt it a fitting tribute to reflect on another facet of his life outside his notable sporting achievements. If you’ve ever looked for investors to follow, you may well have considered or indeed followed in the footsteps of Kobe Bryant.
His drive, passion and dedication to really understanding the world he was moving in made his transition from sports star to investment legend a smooth and successful one. He started investing in startups and other opportunities before he finished his 20 season NBA career, notably choosing to back Chinese e-commerce giant Alibaba, which has since gone from strength to strength.
After his sports career had come to a close, he formalised his interest in investing, forming a $100 million venture firm Bryant Stibel with Jeff Stibel (the founder of Web.com among many other successful firms). Their investments were wide ranging, covering a wide range of industries and types of company. One thing all the opportunities had in common was that Bryant chose them because he felt he could really add value.
An example was the Body Armour range of sports drinks, marketed as a healthier equivalent to Gatorade. The brand did well and was eventually part bought by CocaCola, leaving Bryant’s $6 million stake in the business worth 30 times as much.
Bryant’s firm now has over $2 billion in assets, a lasting testament to a man who had far more than mere physical prowess to offer, a sharp mind, a competitive spirit and the courage to carve out a second equally successful chapter in his life, rather than simply being content to rest on his laurels.Tags: hollywood, hollywood news, kobe, kobe bryant, kobe bryant investor, kobe bryant rip, lifestyle, tmz