Michael Jordan, Kevin Durant, Others Buying into NBA Top Shot Fad
Charlotte Hornets owners and all-time NBA Great Michael Jordan leads a star-studded list of professional athletes and celebrities who have opted to buy-in on NBA Top Shot.
The craze started only a couple of months ago, but now everyone wants a piece of the pie.
According to Dapper Labs, NBA Top Shot received $305 million of funding from a group including Jordan, Kevin Durant, rapper 2Chainz, and Kyle Lowry, as well as a venture capital firm. A report from USA Today suggested that the latest round of funding has placed Dapper’s current valuation at a whopping $2.6 billion.
Here’s the full list of investors, per the Dapper Labs press release:
The company received support from NBA legend Michael Jordan as well as current players and funds including Kevin Durant, Andre Iguodala, Kyle Lowry, Spencer Dinwiddie, Andre Drummond, Alex Caruso, Michael Carter-Williams, Josh Hart, Udonis Haslem, JaVale McGee, Khris Middleton, Domantas Sabonis, Klay Thompson, Nikola Vucevic, Thad Young, and Richard Seymour’s 93 Ventures, as well as entertainment and music heavyweights including Ashton Kutcher and Guy Oseary’s Sound Ventures, Will Smith and Keisuke Honda’s Dreamers VC, Shawn Mendes and Andrew Gertler’s AG Ventures, Shay Mitchell, and 2 Chainz. Other strategics participating include a16z, The Chernin Group, USV, Version One, and Venrock.
Additional investors in the round include: [Major League Baseball] players Tim Beckham and Nolan Arenado; [National Football League] players Ken Crawley, Thomas Davis, Stefon Diggs, Dee Ford, Malcom Jenkins, Rodney McLeod, Jordan Matthew, Devin McCourty, Jason McCourty, DK Metcalf, Tyrod Taylor and Trent Williams; team ownership including Vivek Ranadive (Kings), and notable sports investors Bolt Ventures.
If you haven’t gotten into NBA Top Shot, you better get going!