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Kobe Bryant Leaves Business Legacy; Firm Holds More Than $2 Billion in Assets

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Aside from the sad fact that the world has lost a basketball superstar, the business world is also in mourning because this NBA legend, Kobe Bryant, extends beyond the basketball court.

He is also a businessman, an investor, brand-builder, and coach to several athletes.

January 26, 2020, was a shocking day not only in the country but all over the world.

At the age of 41, he left the world together with his 13-year-old daughter Gianna. Bryant’s helicopter crashed into a hillside of Calabasas, California.

It was a foggy morning and had very low visibility. The helicopter was struggling to go up, and according to air controllers, the copter should go up. When they were 2000 feet above sea level, it started to descend, and it crashed into the hillside leaving nine people dead.

As of the writing, investigators and other authorities are still struggling to find clues of the cause of the crash and also recovering the bodies. They said that because of the condition in the area, it would take days before things would be cleared.

The NBA Commissioner Adam Silver made a statement and said, “He was generous with the wisdom he acquired and saw it as his mission to share with future generations of players.”

Bryant wasn’t just a basketball player before he retired in the NBA. He co-founded a venture capital firm called Bryant Stibel with Jeff Stibel, founder of Web.com.

He followed the footsteps of Magic Johnson, who transformed their skills from the court and into a business success. He founded Magic Johnson Enterprises, which included different businesses, to name some Starbucks and the La Guardia airport in New York.

Bryant’s firm now has a $2 billion in assets, including dozens of investments in technology, media, and data companies. It exited Dell and Alibaba successfully.

During his interview with CNBC last year, Bryant said, “You’ve got to have strong entrepreneurs, that’s the key for us is looking at the people. Yes, it’s important to see those returns. But it’s also important to have a great opportunity, great relationships with our investors, great opportunities with our entrepreneurs to help them grow, and put them in situations where they can be successful.”

Aside from his firm, Bryant made millions of dollars for his investments in a sports drink, Body Armor. His reputation as a superstar athlete and brand builder paved his way to success.

Skincare brand founders made a statement about the company’s development before the tragedy. They said, When Kobe puts his stamp of approval on something and gets behind you as a partner, the world of sports and everyone across the spectrum of the sports industry takes note, and you’re suddenly validated in a way that most startups don’t experience until much further on,” this was posted on the Bryant Stibel’s website.

Bryant, who is also known as “Black Mamba,” started his career as a Nike endorser. He signed the deal in 2003. As he became more successful, his partnership with Nike also did grow. They put on several Kobe lines of shoes and gear.

This NBA legend also endorsed several brands throughout his careers like McDonald’s, Sprite, Nintendo, and Turkish Airlines.

Read More: Gianna Bryant Wanted to Follow in Her Dad’s Footsteps

Samuel brings 6 years of experience in helping grassroots and mid-sized organizations to strengthen their management and resource generating capacities and effectively plan for the future. He is also a tech geek and loves writing on tech and sharing his opinions with the world. You can contact him at Samwayne92@gmail.com

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart

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BLACKPINK With a Hat-Trick As They Once Again Retain The #1 Spot In NEW K.ID’s Weekly Chart
[WEEKLY IDOL]

NEW K.ID, the No.1 TV channel for all K-Pop entertainment and source (https://cutt.ly/NEWKID), announced its weekly chart for the 3rd week of August.

BLACKPINK retains its #1 spot in the NEW K.ID’s weekly chart for three consecutive weeks as they tie with WINNER’s previous record. BLACKPINK has announced a new single dropping on August 28th which will be a collaboration with American pop star, Selena Gomez. Selena Gomez also recently teased her collaboration with BLACKPINK on her Instagram post captioned, “SELPINK pulling up soon. 8/28”.

Photo: Instagram @selenagomez

Following their release of the single, BLACKPINK will be releasing their first debut album on October 2nd.

[WEEKLY HOT NEWS]

PENTAGON, SHINee, GWSN, and N.Flying all retained their spots in TOP5. The 6th place, WINNER, celebrated their 6th year debut anniversary. MINO posted a photo of WINNER on his Instagram, celebrating the time and unforgettable memories that they have spent together for the last 6 years. 

Photo: Instagram @realllllmino

Ranked at #9, SF9’s Rowoon has been named as ‘The North Face white label’s F/W’ model and its brand ambassador. With a height over 6’3’’, Rowoon not only has a youthful personality but also has various talents as he can both sing and act in various entertainment fields. The North Face saw that Rowoon’s versatility perfectly matched its brand image and decided to partner with Rowoon.

Coming in at #10, DAY6’s sub-unit, Even of Day, is releasing a new album, ‘The Book of Us: Gluon – Nothing can tear us apart’ on August 31st. All 7 songs in the album are written and produced by the Even of Day members. Young K is expected to play guitar in place of Sungjin and Jae. JYP’s representative commented, “Young K showed his expertise on the bass guitar and will continue to play more instruments.” It was also mentioned that Wonpil’s synthesizer and Dowoon’s electronic drum will be key in this album.

Additionally, in last week’s ‘2020 SORIBADA BEST K-MUSIC AWARDS’, GWSN and LOONA won New Wave New Artist Awards while GFRIEND took the main prize (bonsang) home.

NEW K.ID, the only TV channel that allows viewers to enjoy K-POP Idol-related content programming 24/7 and exclusive episodes curated from 10K+ videos, is available at CH 511 for free on LG Smart TVs and XUMO apps on all Internet-connected devices.

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Death after unmasked arrest – Mexico Floyd

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

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Death after unmasked arrest - Mexico Floyd

Amid a stir across the U.S. over the “George Floyd” incident that killed white police abuses, similar cases of abuse of public power have been revealed in Mexico, sparking public outrage.

The daily El Universal has been protesting against the incident since it was belatedly revealed that construction worker Giovanni Lopez died the next day after being arrested by police in Guadalajara, western Mexico, on April 4.

The official reason for the arrest revealed by the police is not known, but the video footage posted on social media at the time of the arrest suggests that the reason is “not wearing a mask.”

Death of George Floyd

On May 25, 2020, George Floyd, a 46-year-old black man, died in Minneapolis, Minnesota, after Derek Chauvin, a white police officer, knelt on Floyd’s neck for almost nine minutes while Floyd was handcuffed face down in the street

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