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October 7, 2023 - Deals

Wilt Chamberlain's 1972 NBA Finals Jersey Sells For $4.9 Million At Sotheby's

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SOLD IMAGE: Wilt Chamberlain DATE: 09/28/2023 SELLER: Sotheby's SALE PRICE: $4,900,000 NOTE: Wilt Chamberlain's 1972 NBA Finals jersey, worn in Game 2 and Game 5, set a new record for Chamberlain memorabilia at auction, fetching an impressive $4.9 million at Sotheby's. This historic jersey represents Chamberlain's first and only Finals MVP Award, won during the 1972 Finals, where the Los Angeles Lakers, led by Chamberlain, Gail Goodrich, Jerry West, Pat Riley, and coached by Bill Sharman, secured their first title in Los Angeles by defeating the New York Knicks. This auction price ranks as the third-highest for an NBA jersey, following Kobe Bryant's autographed $5.8 million jersey from his MVP season and Michael Jordan's iconic "Last Dance" 1998 NBA Finals jersey, both also auctioned by Sotheby's. #VentureCapital #WiltChamberlain #Sothebys #TradedVC

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Archive Secures Strategic Funding Round Led By Anti Fund And Florida FundersArchive has closed a strategic funding round led by Anti Fund and Florida Funders, with backing from angels at OpenAI and Perplexity and more than 50 founders and executives, alongside existing investors including Battery Ventures, Stripe, Tiger Global, Lux Capital and Human Capital. Founded in 2021, Archive uses AI to power social listening and end-to-end creator marketing programs, now serving more than 1,000 brands including DoorDash, Pinterest and L’Oréal. FOUNDER: Paul Benigeri HQ: New York, New York #VentureCapital #Archive #PaulBenigeri #TradedVC
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Palo Alto Networks Acquires AI Startup Console For $500 MillionConsole, a San Francisco-based AI startup, has been acquired by Palo Alto Networks for a reported $500 million, just two years after its founding. The company had raised $29 million across two funding rounds and was valued at $157 million in its latest round. Palo Alto Networks CEO Nikesh Arora was among Console’s early investors, while Thrive Capital, led by Joshua Kushner, led both of the startup’s funding rounds. Palo Alto plans to integrate Console’s AI agent technology into its Cortex security platform. ACQUISITION: $500,000,000 HQ: San Francisco, CA #VentureCapital #Console #NikeshArora #TradedVC