Skip to main content

Kobe's fund is valuated at $2 billion and he is "open to owning a sports franchise"


Kobe's been retired for three years and already has the most illustrious post-basketball career of any NBA player ever. In those three years, Kobe won an Academy Award for "Dear Basketball," published two books in the Wizenard Series, his company Kobe Inc. has Coca-Cola Inc. as the minority owner, and his venture capital firm Bryant-Stibel started in 2016 with $100 million funding and is currently valuated at about $2 billion.

That venture capital firm was the reason for Kobe and his partner Jeff Stibel to appear on CNBC and talk about their success and future vision of the fund. Kobe pointed out his name wasn't publicized in the beginning because they wanted to have some results that can't be commented with "they got it purely on Kobe's name." The company invested in Dell Technologies, Alibaba, Flixbus, and many other successful companies. So what's next?

The obvious question was - are they interested in buying a team? We see how NBA teams valuations go up. Jerry Jones, the owner of the Dallas Cowboys, said he believes the future of streaming in getting live sports on Amazon or Netflix and that such a development would increase the valuation of the Cowboys for 50%. Here's how Kobe responded to that question.

Scroll to Continue

Recommended Articles

There's only one answer that could get Kobe in "hot water." Working in the venture capital world and having such a successful firm gives Kobe an amazing position to be a serious bidder if any team comes on the market, or if the NBA decides to expand to 32 teams.

Imagine an NBA in 10 years where MJ owns the Hornets, LeBron the Cavs and Kobe the Lakers. May not be as farfetched as you think.

San Antonio Spurs forward Tim Duncan and guard Manu Ginobili

"I lost a lot of sleep because of him" — Chauncey Billups reveals who deserved to win the 2005 NBA Finals MVP

Tim Duncan won the 2005 NBA Finals MVP. But Chauncey Billups, as well as some fans, believed the trophy belonged to someone else.

Michael Jordan

Beer drones — the best feature on Michael Jordan's exclusive golf course

Do you want to be a member of the exclusive The Grove XXIII club? Michael Jordan has to invite you first.


Miles Bridges' wife exposes him for domestic violence

The NBA community needs to to better. ”I won’t be silent to protect others anymore because I value myself and my kids more than anyones ‘image’”


“The whole NBA just saw this movie” — Zach Lowe shuts down the idea the Lakers could trade for KD and Kyrie

According to the numbers the trade works. Can you count anything out in the modern NBA?

Jaylen Brown responds to Draymond Green's comments

Jaylen Brown fires back at Draymond Green: "Draymond got a podcast and lost his damn mind"

Draymond Green claimed he knew that the Boston Celtics were already defeated mentally after Jaylen Brown's statements. The Celtics forward had something to say to Green on his Twitter.

Tom Brady to Anthony Edwards - “I know the money is good but you’re playing the wrong sport”

Tom Brady to Anthony Edwards -“I know the money is good but you’re playing the wrong sport”

Edwards responded that since Brady’s friend and teammates Rob Gronkowski retired this offseason, maybe he could help fill his void

Dwyane Wade and Tracy McGrady call Kevin Durant and Kyrie Irving the best duo ever

The Internet remains undefeated reacting to Kevin Durant's trade request

To be fair, a good portion of these are actually directed at Kyrie.