Tennis Star Serena Williams Shows Investment in Coinbase
Serena Williams, among the world’s most prosperous tennis players of all time, has shown in an Instagram article which she’s an investor at cryptocurrency market Coinbase.
Williams chose on the social networking platform last week to announce that her VC company Serena Ventures — that was covertly founded in 2014 — also listing a number of its own investments, such as Coinbase and startups in regions like fitness, clothes, food and women’s health and neighborhood.
Williams stated from the article:
“In 2014, (yes I know that I could keep a secret) I started Serena Ventures with the assignment of providing chances to creators across a range of industries. Serena Ventures invests in businesses which embrace varied direction, individual empowerment, creativity and chance.”
The Serena Ventures website says that the organization’s portfolio comprises over 30 companies with a entire market capitalization of $12 billion. ) It’s not clear just how much has been spent by her VC company in Coinbase or at which around (s).
Based on Crunchbase, Coinbase has found investments that $546.6 million because its seed around 2012. It notably raised $300 million in a Series E round in October 2018, valuing the company at $8 billion.
Forbes suggests that, in 2018, Williams became the highest paid female athlete internationally for the third season in a row, with annual earnings of approximately $18 million. ) She has her own line of accessories and clothing.
As an athlete,” Williams has attained won a world record 23 Grand Slam singles titles in the Open era. She has also attained 14 Grand Slam doubles titles along with her sister Venus, also won four gold medals in the Olympics.
The Coinbase investment might not be such a surprise, since Williams’ husband, Reddit founder Alexis Ohanian, was an early backer of this market through his venture capital company, Initialized Capital.