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Kobe Bryant Launches $100 Million VC Fund, What Could Go Wrong?

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Mark Melin
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Is this the top Part # we lost count? Kobe Bryant

Kobe Bean Bryant was an 18-time all star in the 20 years he played for the Los Angeles Lakers, where he won five NBA championships. But what Bryant wants to be known for more than basketball is his investing prowess, he told CNBC Monday as he announced a $100 million venture fund focused on technology, media and data companies. For this venture, Bryant is teaming up with another business superstar who handles the math end of the partnership.

Bryant wants to create lasting legacy through business investments

Bryant teamed up with entrepreneur and former Web.com CEO Jeff Stibel to form the Bryant Stibel investment fund.

For Bryant, the goal is to...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.