*With the drama of his new deal with the New York Knicks behind him, All-Star Carmelo Anthony is padding his business portfolio with the formation of a fund to invest in technology startups.
Melo, who wears No. 7 on his jersey, founded M7 Tech Partners with Stuart Goldfarb, a former executive vice president of worldwide business development at NBC, Goldfarb told Bloomberg.com.
New York-based M7 Tech Partners won’t have outside investors or limited partners, Goldfarb said. It will invest in startups that focus on digital media and consumer technology, Goldfarb said, adding that the fund has made an undisclosed investment in Hullabalu Inc., which creates digital children’s books. Hullabalu’s other investors include Reddit Inc. co-founder Alexis Ohanian.
Read more at http://www.eurweb.com/2014/07/carmelo-anthony-launches-investment-fund-for-tech-startups/#UZjD6d6kj1d3xAgv.99