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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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.
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.
Hahaha will keep this in mind as we work on building @BryantStibel https://t.co/FkVt9cY5BO
— Kobe Bryant (@kobebryant) August 22, 2016
He is partnering with Jeff Stibel on the venture. Stibel, 43, and Bryant, 37, have named their Los Angeles firm "Bryant Stibel."
Opening The New York Stock Exchange this morning @NYSE @BryantStibel pic.twitter.com/eXFq7aTNSv
— BryantStibel (@BryantStibel) August 22, 2016
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.
Bryant Stibel also announced the move with a tweet Monday morning, opening up on the New York Stock Exchange.
Announced @BryantStibel investment platform to the world today with my partner @Stibel and our team on the @NYSE pic.twitter.com/Yy2yF34INH
— Kobe Bryant (@kobebryant) August 22, 2016
Bryant retired with $680 million in salary and endorsements after a 20-year playing career, according to Forbes.