This week we’re excited to further our partnership with The Player’s Impact, a network which empowers current and retired professional athletes in the business and investment world.
Our partnership enables fans to follow their favorite professional athletes on Republic, invest alongside them, and understand the rationale behind why these investors like each deal.
Two weeks ago, we introduced you to Jon Najarian, former linebacker for the Chicago Bears, and told you about his first investments on Republic. At that time, Jon had invested in two companies: Zephyr Aerospace and Aera.
Jon recently added his third investment in a startup called Borrow. Borrow is building a short-term car leasing service with a twist: they only lease electric vehicles. So far 975 members of the community have followed Jon’s profile on Republic.
This week we’re excited to welcome Wendell Carter Jr. to Republic. Carter is the starting center for the Chicago Bulls, and was drafted out of Duke University in the first round of the 2018 NBA draft. You can now follow Wendell Carter Jr. on Republic, and track his investments.
Mr. Carter just invested in his first two startup deals on Republic. The first is Dollaride, a disruptive transportation startup. Dollaride provides on-demand transportation for as little as $2 per ride. They do this by using their technology to pair consumers with low-cost van rides.
Importantly, Dollaride is focusing on so-called “transportation deserts”, where locals often have few good public transportation options. The company has already built a network of 200+ drivers who have provided 800+ rides. On his profile page, Wendell Carter Jr. explains why he likes the deal.
“It's important to me to invest in the black community and support our entrepreneurs. Dollaride is making transportation affordable in a world where transportation costs rise year-after-year. This platform is transforming urban transit.”
Wendell also invested in Upshift, another transportation startup. Upshift is a fractional car leasing service for low mileage drivers. They’ve also seen impressive early traction, and have raised $1.25 million from notable investors including MINI (BMW). Here’s Carter’s rationale for picking this deal.
“I invested in Upshift because I want to support other minority owners and entrepreneurs. Upshift is also democratizing car ownership by providing fractional car leasing service for those that are low mileage drivers in urban areas, just like me.”
Welcome to Republic, Wendell!