After Michael Dell, founder of the eponymous brand, it’s Joe Gebbia’s turn to become a minority shareholder in Spurs. Behind this name hides a 40-year-old billionaire, co-founder of Airbnb.
Aged 40, he confirms the shift taken by the owners of the San Antonio franchise since the Holt couple, who had appointed their son Peter Holt Jr. as “director of partnerships”, validated the arrival of three new shareholders in less than a year.
“I appreciate being part of a group of people who have dedicated their lives to something, through their work” explained Joe Gebbia at The Athletic. “I remember thinking, ‘One day I want to be in the NBA business. I want to be an entrepreneur in the NBA. I’m a huge Spurs fan. I’m a huge Gregg Popovich fan, and Spurs spearheaded one of the most remarkable five-title series between 1999 and 2014 with legends like Tony Parker, Manu Ginobli, David Robinson and Tim Duncan. “
Originally from Atlanta, the new shareholder was a younger Hawks “ballboy”, and this close friend of Kevin Durant repeats that he is making his dream come true.
“It’s pretty crazy to think of me as a 16-year-old kid becoming an investor and co-owner of an NBA team. I insist, it’s beyond my wildest childhood dreams. “
