Kevin Durant has made a name for himself as one of the best investors on the planet.
Kevin Durant has made a name for himself as one of the best investors on the planet.

Kevin Durant's 7 Best Investments

Nathan Baugh, Matt Trombley
Articles

Kevin Durant is one of the best investors on the planet. He’s earned $272 million from NBA contracts and built a business empire off the court. Here's some of the best investments he's made over the years.


1. Coinbase.

Durant invested in Coinbase in 2017. With Coinbase's ~$100 billion IPO in April 2021, he earned a 61x return. KD didn't say how much he invested, but with a usual check size of $250,000 - $1 million, it's reasonable to guess he made anywhere between $15.2 million and $61 million.

Coinbase, one of the largest players in crypto, was an early investment of Durant's.
Coinbase, one of the largest players in crypto, was an early investment of Durant's.

2. Overtime.

Before Overtime realized its vision of an elite high school basketball league, Kevin Durant invested in its 2018 $9.5 million Series A funding round. Overtime is now valued at over $250 million after its April 2021 raise, including investments from:

  • Jeff Bezos
  • Drake
  • Alexis Ohanian

3. Robinhood.

Kevin Durant invested in Robinhood in 2017 at a $1.2 billion valuation. In July 2021, Robinhood made its debut on the stock market at a $32 billion valuation. That's a cool 2,500% return for Durant.


4. Postmates.

Kevin Durant invested $1 million into the delivery startup in 2016. As part of a marketing campaign, he personally delivered Nikes around NYC for Postmates. Fast forward to 2020 and Uber acquired Postmates for $2.6 billion, earning Durant a $15 million payday.

Kevin Durant made early deliveries for Postmates around New York City.
Kevin Durant made early deliveries for Postmates around New York City.

5. Acorns.

Kevin Durant on his 2016 Acorns investment: "Supporting up-and-coming generations by tackling tough issues and empowering them with the tools for success has always been a priority." Acorns helps young people invest using change and is going public at a $2.2 billion valuation via SPAC.


6. Dapper Labs.

Before non-fungible tokens (NFTs) blew up, Kevin Durant invested in Dapper Labs at a $2.6 billion valuation. Since then, the company announced a partnership with the NFL, launched WNBA cards, and raised a $250M Series D funding round valuing it at $7.6B. You know Dapper Labs as the maker of NBA Top Shot.


7. Whoop.

Kevin Durant first invested in the digital fitness company in 2017 with Whoop valued at $128 million. Its recent Series F funding round valued it at $3.6 billion. That's a 2,800% return in 4 years.

Whoop has grown rapidly with the help of Durant's investments.
Whoop has grown rapidly with the help of Durant's investments.

All this can't happen without Kevin's business partner, Rich Kleiman - a legend in his own right. Together, the two have invested in 50+ companies through Thirty Five Ventures.

Kevin Durant and Rich Kleiman have been an unstoppable duo.
Kevin Durant and Rich Kleiman have been an unstoppable duo.

Recently, they invested in another batch of incredible companies:

  • Rally
  • ReserveBar
  • Sleeper

My favorite part is Kevin Durant's motivation: “I want my kids & their kids to benefit from this time in my life & not ever have to go through what I went through."

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