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Giannis Antetokounmpo Launches Venture Capital Fund For Startups

Milwaukee Bucks' Giannis Antetokounmpo tries to get past Houston Rockets' Jabari Smith Jr. during the first half of an NBA basketball game Monday, Nov. 18, 2024, in Milwaukee. (AP Photo/Morry Gash)

Giannis Antetokounmpo, the renowned Milwaukee Bucks player and two-time NBA MVP, has recently ventured into the world of investments by launching Build Your Legacy Ventures, a venture capital fund aimed at supporting early stage startup companies. The fund, which was announced by Antetokounmpo on Thursday, will primarily focus on investments within the sports, entertainment, and technology sectors.

Antetokounmpo expressed his desire to not only provide financial assistance but also to facilitate partnerships and leverage his extensive network to propel the growth of these businesses. He emphasized his commitment to assisting entrepreneurs, particularly those who have encountered obstacles, in achieving their goals and attaining success.

One of the fund's initial investments has been in Unrivaled, a newly established women's 3-on-3 basketball league, showcasing Antetokounmpo's dedication to supporting innovative ventures within the sports industry.

Furthermore, Antetokounmpo has expanded his investment portfolio to include ownership stakes in prominent sports teams such as the Milwaukee Brewers, Nashville SC, and LA Golf Club, demonstrating his diversified interests and commitment to the sports community.

Despite his active involvement in off-court endeavors, Antetokounmpo continues to excel on the basketball court, as evidenced by his impressive performance in the recent game against the Chicago Bulls. He contributed significantly to the Bucks' victory with 41 points, nine rebounds, and eight assists, showcasing his exceptional skills and leadership abilities.

Antetokounmpo's foray into venture capital investments not only highlights his entrepreneurial spirit but also underscores his dedication to supporting emerging businesses and fostering innovation within the sports and technology sectors. His initiative is poised to make a meaningful impact on the entrepreneurial landscape, providing valuable opportunities for startups to thrive and succeed.

Sources: AP NBA

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