The Golden State Warriors forward who invested in the company approximately four years ago when the company had a $150 million evaluation is set to make approximately 40 times his investment as Smile Direct Club priced its IPO at $23 per share for a $9 billion evaluation.
Golden State Warriors' Draymond Green, right, celebrates with Stephen Curry in the final minutes of Game 1 of the team's NBA basketball playoffs Western Conference finals against the Portland Trail Blazers.“The number one goal in making money is to have your money make money for you,” Green said. “I’ve worked so hard to be in this position and to get to this point. It’s great when you can kind of sit back and have your money make money for you—that’s the American dream.
That doesn’t mean Green is satisfied. He is constantly consulting venture capitalists and angel investors who are friends and mentors including Stephen Ross, Peter Gruber, Chamath Palihapitiya, Sillman and Carter.invests in early-stage companies in Flint, Michigan, knows his basketball career won’t last forever. He is well aware that professional athletes make the majority of their career earnings at a younger age compared to non-sports professionals, so it’s important to be savvy and smart with his money now in order to secure a comfortable future.
“It’s extremely important to have things going on outside of basketball and diversify your portfolio,” he said. “This ball stops bouncing for all of us one day and if you have no diversity, what’s next? Good luck figuring that out. “I’m 29 and my goal is to be a billionaire. I don’t have time to enjoy it yet. My goal now is what’s the next win and how do I figure that out? You’re just always figuring out what’s next and keeping eyes ahead while appreciating the wins you do get. I look at it like basketball: you win, you celebrate that win and it’s on to that next game.”
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