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Carmelo Anthony launches new Tech Investment Firm #sports

Carmelo just signed a 145 million contract with the Knicks and he is not stopping there. He is launching a investment firm for technology.


On Monday, Anthony announced the creation of M7 Tech Partners, a venture capital firm whose only partners are Anthony and Stuart Goldfarb, the former CEO of Bertelsmann, the world’s largest direct marketer of music, video and books.

“For as long as I can remember, I’ve been interested in technology,” Anthony said in a statement. “We are actively looking for ventures with strong leadership that resonate with consumers.”

Anthony noted that he was particularly intrigued with wearable and connected devices.

“Carmelo is in his prime right now,” Goldfarb said. “He has built an incredible global brand and is now interested in building his future while his brand is on the rise.”

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