Stephen Curry Invests in Esports Organization TSM

Rob Goldberg@TheRobGoldbergFeatured ColumnistJuly 24, 2018

Golden State Warriors guard Stephen Curry speaks during a news conference after the Warriors won the NBA championship over the Cleveland Cavaliers, early Saturday, June 9, 2018, in Cleveland. The Warriors defeated the Cavaliers 108-85 in Game 4 of the finals. (AP Photo/Carlos Osorio)
Carlos Osorio/Associated Press

Golden State Warriors star Stephen Curry is part of an investment group that provided $37 million to esports organization TSM and its founder, Andy Dinh, according to Matt Perez of Forbes.

Curry showed his excitement via Twitter on Tuesday:

Stephen Curry @StephenCurry30

Hyped to be part of what @TSMReginald is building with @TSM. #letsgetit https://t.co/H31fPha2uX

The investment was part of Series A funding to TSM's parent company, Swift. Alongside Curry, Yahoo cofounder Jerry Yang is also a part of the Bessemer Venture Partners, which invested in TSM.

Warriors teammate Andre Iguodala and former San Francisco 49ers quarterback Steve Young are also among those involved.

The investment could help expand a fast-growing product, with $20 million expected to go toward franchising fees and a new esports facility in Los Angeles.

Curry, who signed a five-year, $201 million contract last summer, has been an aggressive investor over the past few years.

He owns a share of Pinterest and has invested in various startups, including Slyce and CoachUp. He was also a part of a Series B investment for Brandless alongside Jerry Seinfeld and others.

It's clear the three-time NBA champion is taking advantage of playing in the Bay Area so close to Silicon Valley.