The Boardroom

The Boardroom

A media network that brings the very best of the sports business and beyond directly to fans.

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DateInvestorsAmountRound

N/A

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about The Boardroom
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Boardroom was co-founded in 2019 by professional basketball player Kevin Durant and his longtime manager and business partner, Rich Kleiman. The company operates at the nexus of sports, media, and entertainment, functioning as a multi-faceted brand. The concept originated as a six-episode series on ESPN+ in early 2019 before evolving into a standalone media network.

Kleiman's journey began in the music industry, managing artists like Mark Ronson and working with Jay-Z's Roc Nation, where he eventually became vice president of its sports division. This experience in entertainment and athlete representation was foundational to his partnership with Durant, whom he met in 2008. Together, they formed Thirty Five Ventures (35V) in 2016, a venture capital and investment firm that houses Boardroom and over 100 other investments, including early stakes in companies like Postmates and Coinbase. This background provides Boardroom with an authentic perspective on the business endeavors of athletes and entertainers.

The company's primary business is its media arm, which generates content distributed through various channels. This includes premium video and audio programming, such as podcasts like "The ETCs with Kevin Durant" and "Out of Office with Rich Kleiman," alongside editorial features, social content, and daily newsletters. A significant portion of its strategy involves producing high-caliber film and television projects, such as the Academy Award-winning short film "Two Distant Strangers" and the Emmy-nominated documentary "NYC Point Gods." Furthermore, Boardroom organizes B2B events and ticketed conferences, such as "Game Plan" in partnership with CNBC, which creates revenue and builds its brand presence. Recently, the company launched Boardroom Advisory to consult with athletes and brands, leveraging its network for business development. A sister company, Boardroom Sports Holdings, manages direct investments in sports properties, including stakes in MLS's Philadelphia Union, NWSL's Gotham FC, and a Major League Pickleball team.

Keywords: sports business, athlete investors, media production, venture capital, entertainment industry, content creation, brand consulting, sports ownership, digital media, player empowerment

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Investments by The Boardroom

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