In Nov-2021, after 11+ years, I began a process to sell my ownership in the @warriors. I sold an initial tranche in Dec-2021 and last week I sold my remaining stake to existing investors.
A few reflections as I close this chapter…
Most people thought investing in sports franchises was a bad bet back in 2011. They were wrong. In addition to being a good investment, though, I also wanted to be one of the first minorities to own a piece of a prominent sports team.
What I didn’t expect was for it to bring about some of the most fulfilling experiences and relationships in my life. Big shout out in particular to @andrewbogut@Dlee042@Money23Green
I’m grateful for having been part of one of the greatest teams in history. Winning culture is contagious and this team has reinforced many of my existing beliefs, but also challenged me to change my mind on some others.
The returns, as I learned in the end, were not just economic but intellectual and emotional as well - a rare trifecta and a really lucky outcome.
I’ll never forget our first ring…
And I will always have Peter Thiel, Joe Lacob, and @phil_hellmuth to thank for this wild ride.