Steph Curry adds eSports to his portfolio with investment in team TSM

billionorbust_stephcurry_tsm.jpg

Golden State Warriors star and 2x MVP Steph Curry is part of an investment group that has led a $37million investment round in esports organization TSM, according to Matt Perez at Forbes. Curry, a seasoned investor in his own right, has joined Yahoo co-founder Jerry Yang, former SF 49ers QB Steve Young and teammate Andre Iguodala in a Series A funding round with TSM's parent company, Swift. Curry showed his excitement via Twitter on Tuesday:

 

Hyped to be part of what @TSMReginald is building with @TSM. #letsgetit https://t.co/H31fPha2uX

— Stephen Curry (@StephenCurry30) July 24, 2018

The investment could help expand a fast-growing product, with $20 million expected to go toward franchising fees and a new esports facility in Los Angeles.

Curry, who signed a five-year, $201 million contract last summer, has been an aggressive investor over the past few years.

He owns a share of Pinterest and has invested in various startups, including Slyce and CoachUp. He was also a part of a Series B investment for Brandless alongside Jerry Seinfeld and others.

via Forbes