Mark Stevens Rumors

Joe Lacob and Peter Guber, the Co-Executive Chairmen of the Golden State Warriors, announced today that longtime Silicon Valley venture capitalist Mark Stevens has purchased the equity interests of the team that were previously held by Vivek Ranadive and joined the team’s ownership group as an Executive Board Member. The terms of Stevens’ acquisition were not released. Ranadive was required to relinquish his stake in the club after leading a group that purchased a controlling interest in the Sacramento Kings on May 31, 2013.