Robinhood’s return isn’t the only 1,000%-plus return he’s booked this month, a rare level of returns coined a “10-bagger” by investing legend Peter Lynch. The Brooklyn Nets forward tallied another huge paper gain this month when Mercury, an online bank for other start-ups, raised Series B financing at a valuation of $1.6 billion. That’s 16 times what the business was worth when Durant was part of Mercury’s Series A financing in late 2019. Fellow NBA player Andre Iguodala also invested in Mercury at that time.
September 27, 2021 | 7:28 pm EDT Update
CJ McCollum: I think it’s important we don’t lose sight of the fact that 90% of the league is vaccinated. Happy Monday.
Anthony Slater: Klay Thompson on the state of his game: “I can make a lot of jump shots. Pretty good at defensive sliding. My timing is a little off. Reaction time’s not there. That’s being rusty two years. I anticipate in the next four weeks playing 5-on-5 again.” pic.twitter.com/Nk9YDlfyGL