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NBA champion Andre Iguodala counts Zoom as best investment yet

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Andre Iguodala, Golden State Warriors and author.

Adam Jeffery | CNBC

Andre Iguodala has built a reputation that goes far beyond his on-court defense. The three-time NBA champion also has amassed an investment portfolio of more than 40 companies.

Iguodala has invested in Allbirds, Casper and Jumia, but he told CNBC on Friday his best funding decision yet is Zoom Video Communications.

“Zoom has done really well,” Iguodala said on “Squawk Alley.” “They’ve just been getting after it. It’s showing in the stock price, but I think it … will continue to grow.”

Zoom, a cloud-based video conferencing and collaboration provider, went public in April at $36 per share.

It soared on its first day of…



Source cnbc.com

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