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- Former Warriors player David Lee, who retired from the NBA last week, may be joining VC firm Social Capital, according to Axios.
- Lee hinted that he had plans to join a Bay Area venture capitalist firm in an interview with NBC Sports last week.
Former Warriors player David Lee may be following in the footsteps of other elite basketball players and joining the ranks of venture capitalists.
Lee, who retired from the NBA last week, hinted at his interest in working with a Bay Area technology firm in an interview with NBC Sports. Lee stated that he had received a call from a few close friends who run “an unbelievable venture capital firm…in the Bay.”
Lee continued, “I decided to roll the dice and to try something new and I’m really excited about my decision.”
Today, Axios reported that the firm Lee alluded to is Social Capital, whose portfolio includes brands like Bustle, Slack, Sprig, and Wealthfront. Given that Social Capital founder Chamath Palihapitiya is a minority owner of the Warriors, Lee’s choice of VC firms is not entirely surprising.
A representative from Social Capital declined to comment.