The NBA’s Andre Iguodala got to invest in Allbirds’ Series-A funding round — here’s how that happened [MarketWatch]
PagerDuty, Inc. (PD)
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Source: MarketWatch
The NBA’s Andre Iguodala got to invest in Allbirds’ Series-A funding round — here’s how that happened A few years ago, Andre Iguodala saw a lot of people in the Bay Area wearing Allbirds, the footwear made of wool that has been called “ the world’s most comfortable shoe .” Since he was a highly paid and well-connected basketball player with the Golden State Warriors at the time, he was in a position to meet the people behind the then-near-ubiquitous shoe — and become an early investor. “He saw the shoes on everyone’s feet in the Bay and was asking people, ‘What are those?’ Allbirds, Allbirds, Allbirds, he heard. He said to me, ‘Have you seen them before?’ ” Rudy Cline-Thomas, his former investment adviser and current business partner, recently told MarketWatch. “He met the founders and realized that not only did they have a popular product, but Tim and Joey understood technology and how to go to market. Nothing stays hot forever, but they understood the essence of execution and could
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