NBA superstar Kevin Durant has become one of Silicon Valley's most active early stage investors, with approximately 30 investments from $250k to $1m. His portfolio includes breakout fintech companies such as Coinbase and Acorns.
What's the craziest thing that you didn't know about investing? I used to think these billionaire venture capital firms got ahold of one company, invested in it and it blew up. I didn't know that they get 100 deals to look at in a day and pick the best nine or 10 to consider. That's a lot of work. That's an everyday process of vetting that out. You can't just skim through it. They figure out what the companies are, they talk to the CEOs, the coders. They have to really do their homework on it.