Biography

Joe Montana Finding As Much Success Away From NFL As He Did

Joe montan

joe montana is finding success in venture capital after winning four super bowls during a 15-year nfl career.

during the 1980s, the san francisco 49ers boasted arguably the best roster in football, led by quarterback joe montana, receivers dwight clark and jerry rice, running back roger craig and defensive back ronnie lott.

The niners won four Super Bowls (xvi, xix, xxiii and xxiv) between 1982 and 1990 with Montana, a two-time nfl MVP, winning three-time Super Bowl MVP honors.

Since he retired in 1995, Montana has surrounded himself with the best of the best in angel investing and venture capital.

“This was not on my radar (during my gaming days), even when I was in Silicon Valley,” Montana says. “Right after I retired, Ronnie Lott and Harris Barton came up to me and said, ‘Let’s start a fund of funds.’ all our friends are all these venture guys running top tier funds like sequoia (equity), kleiner (perkins), accel, greylock (partners).’ in fact, we used our friendships to access them and then we grew it.”

The trio co-founded HRJ Capital and helped grow the value of the fund of funds to more than $900 million prior to Montana’s departure in 2004. Between 2005 and 2010, Montana co-founded Modern Bank, a New York-based commercial bank , and served as a board member. Shortly thereafter, he began investing in angels under the leadership of Ron Conway and his venture fund SV Angel.

At Conway’s urging, Montana launched Liquid 2 Ventures in 2015 with founding and general partners Michael Ma and Mike Miller; Montana’s son Nate also joined as a general partner.

Joe Montana (16) helped guide the San Francisco 49ers to four Super Bowl victories, including in … [+] Super Bowl XXIII against the Cincinnati Bengals. (photo by george gojkovich/fake images)

liquid 2 ventures will raise its fourth fund starting next year, montana confirmed. The company’s third major fund, Liquid 2 Ventures Fund III, closed December 2021 with an oversubscription of $80 million, while its first two funds in 2016 and 2018 more than triple that and include 25 companies valued at more than $1 billion.

“That’s what I learned from (49ers coach) bill (walsh), how to build a great team,” says montana. “I think when you look at my partners, we have a great team. we’re very diverse in our backgrounds from where we stand in the epicenter of the venture community, and knock on wood, we’ve had early success and hopefully we’ll move on.”

Liquid 2 Ventures, based in San Francisco, focuses on early stage or pre-seed investment to help startups “get to series.” His portfolio includes more than 50 companies, including gitlab, anduril, rappi, and cloud9.

“We love to show up early when you’re thinking about something,” Montana says. “We didn’t come in to try to run your company. I always like to say that we are in the boat with you. you’re directing, but we’re just here to help you.”

million hour commitment

Not only is Montana and his venture firm helping entrepreneurs and founders, but the pro football hall of famer is partnering with Guinness to urge others to help their communities through the Millionaire Pledge of hours.

Together with Cincinnati Bengals quarterback Joe Burrow, the mission is to encourage Americans to join them in pledging at least 10 hours of service in their local communities. To support efforts to combat food insecurity nationwide, Guinness will also donate $250,000 to the Joe Burrow Foundation.

“When you turn on the TV, it’s depressing to watch the news,” says Montana. “It’s one of those things you want to see but don’t want to see. you see it every day and think, “there have to be ways people can help others get through things,” then there are always one or two stories of people actually reaching out and helping.

“Most people probably have an idea of ​​something they’ve wanted to do that they can do, but it doesn’t require a lot of effort. when you think about it, go ahead and do it. You can’t win the game if you don’t play.”

super bowl prediction

with the defending super bowl champion los angeles rams plagued by injuries and last in the nfc west at 3-9, this year’s lombardi trophy is on the line with many teams establishing themselves as contenders when the nfl kicks off Week 14 tonight when the Las Vegas Raiders (5-7) visit the Rams at Sofi Stadium.

in the afc, the buffalo bills and kansas city chiefs are 9-3 with the miami dolphins, baltimore ravens and bengals all at 8-4. The 11-1 Philadelphia Eagles are atop the NFC with the Minnesota Vikings (10-2), Dallas Cowboys (9-3) and 49ers (8-4) hot on their heels.

with five weeks remaining in the regular season, it is still unknown who will face off in Super Bowl lvii on February 12, 2023, at State Farm Stadium in Glendale, Arizona.

“If I were picking right now, I would probably go with cincinnati or kansas city, even though kansas city lost home (advantage) and would have to go to buffalo and it makes it hard to win even on the road even though they could,” he says mountain. “(from nfc) I’m going to say philly or the 49ers, I have a weird feeling.”

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