Tennis superstar Serena Williams has been quietly building a venture capital portfolio since 2014, amassing investments in more than 30 startups with an accumulated market cap of $12 billion. On Wednesday, she finally announced her business to the public.
Williams chose to reveal five-year-old Serena Ventures on Instagram, where she has 11 million followers. In a post, she admits “Yes, I know I can keep a secret.”
The winner of an Open Era record 23 grand slam singles titles, Williams, who serves as president of Serena Ventures, said she launched the investment company with the mission of giving opportunity to founders across an array of industries that embrace diverse leadership, individual empowerment, creativity, and opportunity.
She focuses on early stage companies that have a difficult time cracking into that initial round of funding. One of the pillars of the organization is to give those startups an opportunity to be heard.
- Comment
