The startup that Stephen Curry couldn’t resist
The Story
Former Charlottean and NBA standout Stephen Curry has joined a tech startup that connects high school and college athletes with private coaches.
CoachUp grabs basketball star Stephen Curry for private one-on-one coaching http://t.co/XPVrAiKXTr by @Deantak pic.twitter.com/eNK3m6ahVn
— VentureBeat (@VentureBeat) March 30, 2015
The Facts
– Curry, 27, is a part-owner in the Boston-based CoachUp, a venture-funded tech firm and app that launched in 2012.
– He’ll help provide strategic direction and marketing via tv, social and training materials.
NBA star Stephen Curry backs private coaching startup CoachUp http://t.co/9X6JZcJcsZ via @upstartbusiness pic.twitter.com/UhGFoYw5qK
— Joe Twer (@JoeTBuyNow) March 30, 2015
– No specific terms were released, but one of the company’s owners said Curry had “substantial” equity in the company and is one of the largest shareholders. They’ve been talking for about a year.
– CoachUp says it works with 100,000 athletes and 30,000 coaches. It’s raised $10 million in venture capital funding.
Congrats @StephenCurry30 on being named @NBA Player of the Week for the Western Conference! » http://t.co/4s3IDVzmt0 pic.twitter.com/AQsGy2rOZG
— Golden St. Warriors (@warriors) March 30, 2015
– Curry himself worked with a private coach as a teenager, and still does today in the off-season: “I wouldn’t be where I am today without the guidance of private coaches,” Curry said in a statement. Even his parents made a video for the company, raving about Stephen’s experience with private coaches.
Photo by: AP Photo/Brandon Dill
This story was originally published March 30, 2015 at 11:34 AM with the headline "The startup that Stephen Curry couldn’t resist."