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News: Kobe Bryant Makes $100 Million Investment With New Company

Kobe Bryant unveiled a venture-capital fund, a $100 million vehicle for investing in technology, media and data companies with partner Jeff Stibel. Stibel who is a longtime entrepreneur and investor who was introduced to "The Black Mamba" by a mutual friend. They have named their company Bryant Stibel.

The two have been invested in 15 companies since 2013, with current investments include sports media website The Players Tribune, videogame designer Scopely, legal-services company LegalZoom, a telemarketing-software firm called RingDNA and a home-juicing company called Juicero. The two men are contributing the $100 million — which they expect to invest over the next few years. Watch Kobe's interview after the launch of his company on the New York Stock Exchange, giving solid advice on how retired NBA players can invest their money...