From NFL wide receiver to sports tech investor, Marques Colston's new play 🏈🚀 Marques Colston, former NFL wide receiver, is getting into the sports tech investment game. After a successful football career, Colston has been coaching, consulting, educating and teaching. Now, together with partner Nick Edwards, he's stepping up to the investment game by launching Champion Venture Partners, a sports cash flow investment and management firm. Their business model differs from other funds in that they invest in growth-stage companies and provide operational support without taking a management fee on assets under management. Investors benefit from the growth of each company and receive dividends generated from operations. Colston advises founders to choose investors who share their long-term vision and athletes to get involved in venture capital to diversify their portfolios. He highlights the difficulties of transitioning to a post-sport career and discusses the tools he uses, such as ClickUp, to increase productivity. #SportsBusiness #SportTech #NFL #VC
This is absolutely amazing! Big W 🏆🎉
🏆 Former Pro Athlete | Entrepreneur | SporTech & Wealth Management Innovator 🚀 From the Locker room to the Board room.
5moInteresting business model! Thanks for sharing.