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Kobe Bryant unveils $100 million venture capital

By Alex Butler
Bryant Stibel Co-Founders and General Partners Kobe Bryant and Jeff Stibel ring the opening bell at the New York Stock Exchange on Wall Street in New York City on August 22, 2016. Photo by John Angelillo/UPI
1 of 5 | Bryant Stibel Co-Founders and General Partners Kobe Bryant and Jeff Stibel ring the opening bell at the New York Stock Exchange on Wall Street in New York City on August 22, 2016. Photo by John Angelillo/UPI | License Photo

NEW YORK, Aug. 22 (UPI) -- The Black Mamba isn't finished quite yet.

Kobe Bryant, who retired this season after one of the most successful NBA careers of all-time, is hoping his greatness transfers to the finance world.

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On Monday, Bryant reveled his venture-capital fund. The $100 million fund revolves around investments in technology, media, and data companies, according to the Wall Street Journal.

He is partnering with Jeff Stibel on the venture. Stibel, 43, and Bryant, 37, have named their Los Angeles firm "Bryant Stibel."

Bryant Stibel's portfolio includes: The Players' Tribune, LegalZoom, and Chinese e-commerce titan Alibaba. The duo has invested together in 15 companies over since 2013. Both men are contributing to the $100 million and aren't seeking outside investors.

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Bryant Stibel also announced the move with a tweet Monday morning, opening up on the New York Stock Exchange.

Bryant retired with $680 million in salary and endorsements after a 20-year playing career, according to Forbes.

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