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Forbes reports “Kobe Bryant says the beautiful part of business  is that there are no salary cap restrictions. The retired NBA superstar will get to put that theory to test as he embarks on a new journey off the court — managing a $100 million venture capital fund focused on investments in the technology, media and data space.

Bryant and former President and CEO Web.com Jeff Stibel have self-funded their new venture capital firm Bryant Stibel, which already invests in a plethora of companies including The Players Tribune, Scopely and LegalZoom. Bryant Stibel is not currently seeking outside investment.” Read More

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