, Columnist
Kobe's China Play Is No Slam Dunk
The retired NBA star's venture capital fund is entering a crowded field.
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American venture capitalist Kobe Bryant may soon learn that a drive to the basket doesn't always end with two points.
Bryant, an 18-time NBA All-Star and co-founder of venture capital firm Bryant Stibel, this week announced he's investing some of his firm's cash in Chinese education-technology company VIPKID. The move comes weeks after Sequioa Capital and Jack Ma's Yunfeng Capital led a $100 million round of funding.