HomeUSANBA Legend Andre Iguodala Launches Venture Capital Firm Mosaic

NBA Legend Andre Iguodala Launches Venture Capital Firm Mosaic

Andre Iguodala
Andre Iguodala

NBA Legend Andre Iguodala announced his retirement and launched its $200m venture capital firm Mosaic.

Mosaic, recently raised in partnership with his long-time business partner Rudy Cline-Thomas, will focus on seed- and early-stage investments across various sectors such as enterprise software, fintech health care, and sports companies.

Already, Iguodala and Cline-Thomas have secured investments for innovative companies like Vessel and Athletes First.

Commenting on the launch of Mosaic, Iguodala said: “I’m not only focused on backing the best early stage founders, but also obsessed with changing the representation of minorities in the industries we’re investing in.”

He had already made investments in companies like Zoom and Cloudflare. Already a co-owner of global sports franchises, including Leeds United and the San Francisco branch of TGL (Tomorrow Golf League), Iguodala hints at the possibility of owning an NBA team in the future. On the creative front, fans can still stay connected with him through his podcast ‘Point Forward’, a sports podcast he co-hosts with former teammate, Evan Turner.

Andre Iguodala boasts a 19-year NBA career, with significant achievements such as four-time NBA Champion with the Golden State Warriors, former All-Star, NBA Finals MVP, and two-time Olympic Gold Medalist. Beyond basketball, he’s been at the vanguard of venture capital since 2010, with investments spanning over 50 companies.

VCWire

23/10/2023