Collaborative Fund has acquired a stake in D.C. United and its stadium, following a trend pioneered by Thrive Capital of venture capitalists entering pro sports ownership. Founder Craig Shapiro frames the move as an opportunity to showcase the firm's startup portfolio to a broader audience.
Background
Thrive Capital made headlines by leading VCs into professional sports ownership, opening a new frontier for venture firms seeking brand exposure and community engagement. Collaborative Fund is now attempting its own iteration of this strategy.
- Source
- TechCrunch
- Published
- Sep 11, 2026 at 06:30 AM
- Score
- 5.0 / 10