Stephen Curry Invests in Esports Organization TSM
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:
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The investment was part of Series A funding to TSM's parent company, Swift. Alongside Curry,Ā Yahoo cofounder Jerry Yang is also a part of theĀ Bessemer Venture Partners, whichĀ 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 ofĀ PinterestĀ and has invested in various startups, includingĀ SlyceĀ andĀ CoachUp. He was also a part of a Series B investment forĀ BrandlessĀ 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.
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