In the NBA, there’s a good chance that if you’re on a team that plays in New York, you’ll be going to the city for a game. So despite the fact that the pull of home is always strong, it is always a nice change of pace to have to travel to another city for a road game. This further proves that basketball is an international game and the NBA should just move to China. That would be so cool and good for the league. When the NBA was founded (I believe) back in 1949, they were in Chicago, which was a very good basketball town. Then, a few years later, the NBA moved to New York, which is where they are now. And it’s in New York that you
The Golden State Warriors have been on a tear lately, winning 14 straight games, many of which have been blowouts. Last night was no exception. Golden State beat the Knicks by over 30 points. They had a healthy Stephen Curry, who scored 38 points. Kevin Durant had his best shooting night in a long time, scoring a career high with 52 points.
Friday’s NBA Draft is a lot like the NBA playoffs. It’s filled with drama, and we’re all waiting to see how it all plays out. Sometimes, the drama is far more interesting than the actual game. That happened on Thursday.. Read more about when is the nba draft and let us know what you think.
Kevin Durant is half a world away as he represents the United States in the Tokyo Olympics men’s basketball tournament. That doesn’t mean, however, that the Brooklyn Nets forward didn’t experience an exciting day in New York City.
Despite the fact that the 2021 NBA Draft was held in Brooklyn, where Cade Cunningham was selected first overall by the Detroit Pistons, Durant’s pleasure had nothing to do with basketball.
Durant, on the other hand, had another another outstanding day on Wall Street, which he has done on a regular basis.
Kevin Durant’s NBA resume is Hall of Fame-worthy.
Kevin Durant watches as his team plays Iran in a Group A game at Saitama Super Arena in Saitama, Japan, during the Tokyo Olympic Games. | Getty Images/Matthias Hangst
Durant didn’t get the No. 1 selection in the 2007 draft (Portland choose Greg Oden instead), but almost everything else has gone well for the 6-foot-10 forward. Durant was overwhelmingly voted Rookie of the Year by fans, and he has since gone on to win MVP awards in two All-Star Games and two NBA Finals.
The lone blemish on a résumé that includes averages of 27.0 points, 7.1 rebounds, and 4.2 assists per game is missing the whole 2019-20 season while rehabbing an injury. He’s previously played in 151 postseason games, averaging 29.5 points per game while logging significant playing time.
Durant will almost certainly be inducted into the Naismith Memorial Basketball Hall of Fame in the near future.
Despite working in Tokyo, Kevin Durant had a fantastic day in New York.
Big day for Kevin Durant, Rich Kleiman & 35 Ventures.
Mercury raised $1.6 billion in a Series B round, which is 10 times their prior investment, and Robinhood is coming public at a 4x valuation.
This is after 60x upside in Coinbase & 16x from Acorns earlier in 2021 — monster year! pic.twitter.com/BZ8PEgNC7F
July 29, 2021 — Joe Pompliano (@JoePompliano)
Durant has previously won two gold medals in the Olympics, one in London in 2012 and the other in Rio de Janeiro in 2016. On Thursday, the Nets star got encouraging news from New York City as he wrapped off his first week in Tokyo in quest of a third gold medal.
Durant seems to have a knack for selecting investing possibilities via his Thirty Five Ventures company, in addition to being a great basketball player. Thursday was a huge day for one of the businesses in which he had shown an early interest.
Robinhood Markets, Inc., a high-profile online brokerage and financial services platform focusing in making investing accessible to small investors, debuted on the NASDAQ market with an initial public offering.
Durant’s business invested an undisclosed sum of money in Robinhood in 2017, when the startup was looking for venture capitalists to finance it. Thirty Five Ventures’ average investments at the time, according to Sportico.com, ranged from $250,000 to $1 million. At the time, Crunchbase valued Robinhood at $1.2 billion.
Robinhood enabled Durant to make a 2,000 percent return on his investment by starting at $38 a share and then falling down to $34.82 after the markets closed Thursday.
His huge victory on Robinhood wasn’t his first big win on Wall Street.
As an investor, Durant, 32, has had a better month than Team USA has had in Tokyo. Mercury, an online banking start-up, received more venture capital financing in July, bringing its value to $1.6 billion. Durant invested in 2019 when the company was only worth $100 million.
The precise amount of the NBA star’s stake is yet unknown. Sportico, on the other hand, claims that he has increased the amount of some recent investments to as much as $3 million. Durant will be able to cash in at a multiple much higher than his big Robinhood score if Mercury gets it to the finish line with its own IPO.
That would be in line with previous achievements. Coinbase Global, Inc., for example, went public in April and saw its market value rocket over $100 billion. The stock has dropped 45 percent since then, but Durant’s investment is said to be worth more than 50 times what he put in in 2017.
Thirty Five Ventures, which he manages with longstanding business partner Rich Kleiman, has reportedly invested in 75 start-ups. Durant also purchased a 5% stake in the Philadelphia Union, a Major League Soccer team.
Outsiders have no idea how lucrative Thirty Five Ventures has been for Durant since it is a privately owned business. However, considering his previous achievements and the $580 million in NBA salary and endorsements that Sportico claims Durant has earned, he may very well be on his way to a $1 billion career earnings.
Basketball Reference provided all stats.
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A day after Kevin Durant’s big day in New York City, we get to bask in the glow of the basketball phenom’s latest act of greatness. In Sunday’s game against the Knicks, Durant scored 52 points on 31 shots from the field (11-of-16 from the free throw line), and he led his team to a 118-109 win.. Read more about nba draft 2021 time australia and let us know what you think.
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