Steve Nash is now a venture capitalist

A. Isaac Senior Editor

steve nash VC 285x214 Steve Nash is now a venture capitalist

If you’ve ever watched Steve Nash play basketball, you know he’s always looking one step ahead. That’s why the two-time MVP has led the league in assists 4 out of the last 6 years. And Nash is no different off the court either. Two years ago, he created his own film production company and filmed commercials for various outlets. He was also a summer intern for an advertising company in New York. So it comes as no surprise that Nash has now added venture capitalist to his growing business endeavors.

That intern was Steve Nash, the future basketball Hall of Famer who still slings passes for the Phoenix Suns. His boss that summer was Mike Duda, Deutsch’s chief strategy officer (and occasional peHUB contributor). The pair kept in touch after the internship ended — including work on an annual charity event — and late last year began discussing the creation of a new type of firm: One that would meld brand consulting with venture capital.

The result is Consigliere, a New York-based group that has been meeting with potential investors and partners for the past several months (it also was the answer to a recent blind item).

“There are a lot of guys who finish playing and then have no idea what to do with themselves,” Nash told me during a recent phone call.

Nash makes an excellent point here. There are a number of players who blow through their money like water and 5 years post retirement wonder why they’re declaring for bankruptcy. Just last week, we detailed Shaq’s absurd spending habits totaling more than 100k a month.

Good to see some of these guys actually plan for the future. I recently talked to a NFL player who had spent most of the last year with a major injury. Naturally, I asked him if he had plans post-retirement. His answer shocked me, “No, I’ve never really thought about. I don’t have anything else going on”.

Sadly, that seems to be the majority opinion of many professional athletes.

Steve Nash Drives Into Venture Capital [peHUB]

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