Raising Money

Alex Rodriguez and Minnesota Timberwolves Partner With Billionaire to Raise $20 Million for New Venture Despite $300 Million SPAC Loss

Source Node: https://zephyrnet.com/alex-rodriguez-braves-300-million-spac-loss-and-minnesota-timberwolves-issues-to-raise-20-million-for-a-new-venture-alongside-billionaire-partner-essentiallysports/
Time Stamp: March 2, 2023 1:10 AM - Modified On: March 2, 2023 - Published By:
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Published by Plato

Recently, Alex Rodriguez and the Minnesota Timberwolves have partnered with billionaire investor Marc Lore to raise $20 million for a new venture despite a $300 million SPAC loss. The partnership is a testament to the resilience of the two parties and their commitment to creating new opportunities for growth.Alex Rodriguez, the former New York Yankees star, is no stranger to business ventures. He has invested in a number of companies, including the online retailer Jet.com, which was acquired by Walmart for $3.3 billion in 2016. Rodriguez has also invested in