Getty Image / Doug Pensinger
There was once a time when Jimmer Fredette was the biggest name in college basketball.
Unfortunately all of the hype surrounding him during his college run didn’t quite translate to the NBA, so it isn’t often we hear about him these days.
Today he made a big move that could change that.
Back in September, Fredette joined venture capital firm Tandem Ventures. Today he revealed to Sportico that the firm would be making a hefty investment in the tech space.
They’re launching a $50 million tech fund to try and find the next “unicorn”.
NEW: Jimmer Fredette and his firm Tandem Ventures are set to launch a $50M fund targeting the next wave of unicorns. Former @BYU star on the hunt for early-stage tech companies. https://t.co/Lzp4NcmuKe
— Eric Jackson (@epjackson) April 6, 2023
Fredette told Sportico, “We’re looking for the new wave of tech coming through. We’re focused on people that want to help with companies as well. We want to work in tandem with these companies to help them reach their goals.”
It looks like Fredette has found how he’s going to be spending his time now that his basketball career has seemingly come to an end. Maybe his incredible run in college will sway some tech companies to pick Tandem over other firms.
Back in the 2009-10 season, Fredette averaged 22.1 points per game and 4.7 assists while leading BYU to the 2nd round of the NCAA Tournament.
His next year was even better. As a senior, Fredette led college basketball in scoring with an average of 28.9 points per game. He was named the player of the year that season, helped the Cougars earn a share of the Mountain West regular season crown, and took them to the Sweet Sixteen.
Jimmer Fredette was a unicorn in college basketball and now he’s looking for them in the tech world.