Kevin Durant

Kevin Durant, through his investment firm 35 Ventures co-founded with business partner Rich Kleiman, has established himself as a prominent and strategic investor in the venture capital landscape. Transitioning from a decorated NBA career, Durant has leveraged his platform and keen business acumen to build a diverse portfolio of early to growth-stage companies. 35 Ventures primarily focuses on sectors at the intersection of sports, media, technology, and consumer brands, demonstrating a forward-looking approach to emerging markets and disruptive innovations. Their investment thesis often centers on companies that align with cultural trends, digital transformation, and the evolving consumer experience.

The firm typically engages in seed to Series B funding rounds, providing capital and strategic guidance to promising startups. 35 Ventures is known for its hands-on approach, often utilizing Durant's personal brand and network to foster growth and visibility for its portfolio companies. This active involvement extends beyond mere capital injection, as the team works closely with founders to navigate challenges and scale operations. Their investment strategy is characterized by a willingness to take calculated risks on innovative concepts, often before they achieve widespread recognition.

Among 35 Ventures' most notable successes are early investments in companies that have achieved significant valuations or exits. For instance, their investment in Postmates culminated in the company's acquisition by Uber for a staggering $2.65 billion. Other significant bets include fintech giant Coinbase, wearable technology leader Whoop, and blockchain entertainment company Dapper Labs, creators of NBA Top Shot. As of 2022, 35 Ventures had made more than 70 investments, showcasing a robust and active investment pace across various industries.

Beyond direct investments, 35 Ventures also encompasses Boardroom, a media network dedicated to sports, business, and culture. This integrated approach allows Durant and Kleiman to not only invest in companies but also to shape narratives and build communities around their areas of interest. This holistic strategy underscores 35 Ventures' commitment to long-term impact and value creation within the dynamic intersection of sports, media, and technology.