Carmelo Anthony Taking Venture Capitalist Gig Very Serious: Business Associate

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The power forward-turned-venture capitalist launched Melo7 Tech Partners earlier this year with partner Stuart Goldfarb and has since disclosed 10 deals ranging from a seed for smart kitchenware startup The Orange Chef to Lyft’s latest $250 million cash bonanza...Jeremy Johnson, founder of ed-tech startup Andela, was initially skeptical when Goldfarb approached him, having heard horror stories from friends who had brought on celebrity investors and come to regret it. “I said to Stuart, ‘I’m happy to chat with you, but if I’m going to take this seriously I’m going to need to meet with Carmelo,'” Johnson says. “[Goldfarb] said, ‘of course, he wouldn’t invest if he didn’t meet you either.'” “They stopped by our office, and to say the least he was really engaged — Carmelo showed up on time and he led the conversation. Even though Stuart obviously has a lot more experience in venture, Carmelo was the one that said, ‘look, we want to be involved,’ and that’s not at all what I was expecting.”...“Carmelo is in this for real,” says Johnson, “he’s very new into it, but he’s taking it seriously.” [TechCrunch]

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