Olympic hero Michael Phelps looks to dip his toes in tech
Thursday, 1 December 2016 Olympic hero Michael Phelps looks to dip his toes in tech Michael Phelps wants to dive into Silicon Valley’s investment opportunities as he tries to make the transition from Olympic swimming star and product pitchman to entrepreneur. For now, Phelps isn’t providing any details about what he is going to do, though he says he has been getting advice from venture capitalists and other experienced investors in Silicon Valley startups. Getting into tech investing would be a new direction for Phelps, whose business experience to date consists mostly of his own line of swimwear and endorsement deals with the likes of Under Armour, Visa and Wheaties. Notable successes include rapper and record producer Dr. Dre, who was part of the founding team that sold Beats to Apple for $3 billion 2014. In Rhode Island, former Boston Red Sox pitcher Curt Schilling started a video game company that went bankrupt in 2012.
As he tries to make the transition from Olympic swimming star and product pitchman to entrepreneur, Michael Phelps wants to dive into Silicon Valley's investment opportunities. Phelps said in an interview during a recent visit to San Jose, California while appearing at an Intuit software conference.