Carmelo Anthony Is A Venture Capitalist Now

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Let him know if you've got any good apps.

After signing a new five-year contract worth $125 million, the Knicks forward is touting his own venture-capital firm, M7 Tech Partners. The name stands for Melo 7, a nod to his nickname and jersey number. The NBA All Star has teamed with Stuart Goldfarb, a former NBC and Bertelsmann exec, to invest in tech start-ups. M7 said on Monday that it made its first investment in Hullabalu, a storybook and gaming app for kids.

Carmelo touts own venture capital firm [NYP]

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