Former NBA Star Jamal Mashburn Launches Venture Capital Firm

It's nice to read about an athlete doing well financially in their retirement. With 60% of NBA players filing for bankruptcy[1] after retiring, kudos to Jamal Mashburn for being a success.

[1] - http://bleacherreport.com/articles/1085063-the-9-most-financ...

It seems that if you are publicly wealthy you are going to get 'pitched' pretty much regardless. I am always impressed by folks who are "rich" and do their homework. And of course being a tech guy, watching these multi-million dollar 3 - 5 year deals that sports players get, I do my share of "If I could open a fund with $15M these are the areas I'd put my money into." sort of arm chair VC'ing.

Living with some of the folks in college who would later go on to be "big stars" in the NFL it was clear that some were thinking ahead, even then, and some were winging it :-).

for an interesting perspective on the extreme opposite end of the pro-athlete-financial-responsibility spectrum, check out the highly entertaining (even if a bit sloppy) documentary 'broke' by 30 for 30 (espn).

http://movies.netflix.com/WiMovie/30_for_30_Broke/70239460

Where is this fund based? Says Florida, but where?

- Im glad that athletes are finally smartening up.