Serena Williams says she would be ‘super interested’ in owning a WNBA team

Serena Williams expresses keen interest in owning a WNBA team. Learn more about her aspirations in sports ownership.

Serena Williams, the 23-time grand slam champion, has transitioned into a prolific investor, diversifying her portfolio beyond tennis.

 

With stakes in soccer club Angel City FC and golf franchise Los Angeles Golf Club (LAGC), among other ventures, Williams is exploring opportunities both inside and outside the sporting world.

 

In a conversation with CNN's Amanda Davies, Williams expressed her keen interest in adding a WNBA team to her investment portfolio. She noted the momentum in women's basketball following a successful NCAA tournament and emphasized her enthusiasm for women's sports as an investment opportunity.

 

Williams' investment company, Serena Ventures, has already backed 66 startups, including 16 unicorns valued at over $1 billion each. Notably, 78% of the startups supported by Serena Ventures were founded by women and people of color, underscoring Williams' commitment to championing traditionally underrepresented entrepreneurs.

 

As an experienced investor, Williams views women's sports as a safe and exciting investment. She highlighted the growing viewership of women's sports, citing examples like the NCAA women's basketball tournament, which attracted significant attention.

 

Moreover, Williams has extended her investment ethos to her six-year-old daughter Olympia, making her a part owner of Angel City FC and LAGC. Reflecting on her own upbringing, Williams emphasized the importance of teaching her daughter about ownership and entrepreneurship from a young age.

 

By involving Olympia in investment opportunities, Williams aims to instill a strong work ethic and entrepreneurial mindset in her daughter, ensuring she understands the value of ownership and the need to work for success. Overall, Williams' approach to investing reflects her belief in the potential of women's sports and her commitment to empowering future generations.