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Friday, February 6, 2009

J.B. Smith of Equity 11

The Super Bowl has been won by the Pittsburgh Steelers and now a Detroit venture capitalist named J.B. Smith wants to be the newest partner in the team. Smith is the managing partner of Equity 11, and will now be the fourth new minority partner to join up with the Steelers.

J.B. Smith says a lot of his interest in being a team partner is for the Rooney family who has owned the team since 1931. Want to know how much they bought the Steelers for? $2,500. What an investment.

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