Ex-NBA star Baron Davis' simple money advice for rookies: Invest $25,000 right away (via CNBCMakeIt)
Ever since then, Davis says, he's been "getting lucky" with his investment decisions.
The ex-point guard was an early investor in Thrive Market, a membership-only online grocery start-up founded in 2014. The company grew significantly during the pandemic's early months and brings in an estimated $120 million in annual revenue,Davis has also founded several start-ups, including retailer The Black Santa Company and events companyHis takeaway from those experiences: Before you try to invest in a company, figure out how you can be helpful to it.
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