Carmelo Anthony Starts His Own Venture Capital Firm

Carmelo Anthony catches a lot of flak for reportedly never going to class while at Syracuse, but it seems the Knicks star has learned plenty since joining the NBA in 2003.

Anthony, who recently signed a a new five-year contract worth $125 million to remain with the Knicks, has reportedly started his own venture-capital firm according to the New York Post.

Anthony has  teamed with Stuart Goldfarb, a former NBC and Bertelsmann exec, to form M7 Tech Partners. The name stands for Melo 7, a nod to his nickname and jersey number.

The two men will invest in tech start-ups .

The company made its first investment in Hullabalu, a storybook and gaming app for kids.  Maybe Anthony can be a guest on Shark Tank now.


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