Page 20 - Forbes - Asia (March 2020)
P. 20

Durant was raised by his mother in Prince
              George’s County, Maryland, outside Wash-
              ington, D.C., in a rough neighborhood. By
              middle school, he was 183 centimeters and
              mostly looking down. By 17, he was the MVP
      18      of McDonald’s High School All-American
              Game. By 18, College Player of the Year at
              the University of Texas. By 19, NBA Rookie
       ENTREPRENEURS  MVP recognition and several runs at the
              of the Year. And so on, all the way to league

              crown with the Thunder and then his 2016
              decision to join the team he couldn’t beat—
              signing a $54 million contract with the War-
              riors. The move would forever alter his brand
              and his business.
                 Durant first took an interest in the money
              game when he was weighing competing en-
              dorsement offers from Nike and Under Ar-
              mour in 2014: “I learned a lot about the busi-
              ness side through that. It really broke things
              down for me.” Oklahoma City offered slim
              options. “There’s oil and real estate,” Durant
              says, “but that was a real old boys’ club, and
              it was hard to break into.” With one foot still
              in the oil patch, Durant and Kleiman waded
              into the tech world, lobbying to invest in the
              delivery startup Postmates and the robo-in-
              vestor Acorns.
                 In the Bay Area as a Golden State Warrior,
              though, he had VIP access to the world’s hot-
              test startups. “All the founders and investors
              come [to Warriors games], and you get to
              interact with and meet them,” Durant says.
              “They look like normal people, but they are
              changing the world so fast and have so much
              power.”
                 Durant soon struck up friendships with
              the likes of Marc Andreessen, Airbnb’s Brian
              Chesky and Joe Gebbia, and executives from
              Google and Apple. In the Silicon Valley start-
              up scene, Durant money was sexy, attracting
              press, street cred and customers. Soon came
              investments in cryptocurrency exchange
              Coinbase, financial app Robinhood, L.A.-
              based streaming service Caffeine TV, Imper-
              fect Food, Lime scooters and more.
                 “He learned about what it takes to start
              companies and invest in companies,” says
              Eddy Cue, the head of Apple’s vast inter-
              net software and services division, who first
              met Durant for dinner and then talked un-
              til 3 a.m. “When you’re winning, everyone’s
              interested in learning what makes you tick,
              and Kevin was smart to take full advantage of
                                                                     NBA superstar Kevin Durant
              meeting people.”                                       is #7 of the Brooklyn Nets


              F ORBES A SIA                                                                                                      MAR CH 2020
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