Dapper Labs, CoinBase, Overtime & Other Smart Investments That Contribute to the $200 Million Net Worth of Kevin Durant

Kevin Durant is one of the best investors. Apart from earning $272M from NBA contracts, he has minted a lot of money off the court as well. 

Here are some of his top investments responsible for making him a rich man.

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Coinbase 

Kevin Durant invested in Coinbase in 2017. With it's $100B IPO in April, he earned an x61 return. Now, nobody knows exactly how much he invested but with a usual check size of $250K-$1M, he made between $15.2M and $61M. 

Credit: Twitter/NBA

Overtime

Before Overtime realized its vision of an elite high school basketball league, KD invested in its 2018 $9.5M Series A. Its valuation is $250M+ after its April 2021 raise. It also has investors including Jeff Bezos, Drake, and Alexis Ohanian. 

Credit: Twitter/Hoop Central

Robinhood

KD's initial investment was in 2017 at a $1.2B valuation. In July, Robinhood first entered the stock market at a $32B valuation. That means a 2,500% return for Durant. 

Credit: Twitter/NBA

Postmates

In 2016, the Brooklyn Nets star invested $1M in the delivery startup. He also became involved with their marketing campaign by delivering Nikes around New York City for Postmates. In 2020, Uber acquired Postmates for $2.6B, leaving KD with a $15M payday. 

Credit: Youtube/Postmates

Acorns 

Durant invested in a financial investment platform, Acorn, which was founded in 2012. The company focuses on Micro investing. Backed by PayPal, BainCapital, and many others, it was valued at $860M in 2019. But during the pandemic, has hit $7B sign-ups. 

Credit: Twitter/Hoop Central

Dapper Labs

Before NFTs became the next big thing, KD invested in Dapper Labs at a $2.6B valuation. After the company partnered up with the NFL, launched WNBA cards, and raised a $250M Series D, value stands at $7.6B. You know this company as a maker of NBA Top Shot.

Credit: Twitter/Brooklyn Nets

Whoop

Back in 2017, KD invested $60M in a fitness company called WHOOP, which was valued at $128M. However, its recent Series F is valued at $3.6B. That's a 2,800% return in four years.

Credit: Twitter/Billy Heyen

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