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TechJoe Montana

NFL Legend Joe Montana Nears a Venture Capital Touchdown

By
Jonathan Vanian
Jonathan Vanian
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By
Jonathan Vanian
Jonathan Vanian
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December 11, 2015, 9:18 PM ET
Photograph by Leon Halip — Getty Images
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Joe Montana is aiming to score big as a venture capitalist.

The former San Francisco 49ers quarterback and NFL Hall of Famer is in the process of closing a new investment fund for his venture capital firm, Liquid 2 Ventures, according to a regulatory filing on Friday with the Securities and Exchange Commission.

The document indicates that it will be a $25 million fund without providing further details. Montana is the firm’s managing partner, according to the filing.

Montana is no stranger to investing. He has an ownership stake in the sports app company GameOn, which he and fellow NFL veteran NFL player Lawyer Milloy invested in as part of that company’s $1.5 million seed round. Montana, who makes occasional appearances at Silicon Valley startup incubator Y Combinator, has also invested personally in hot tech startups Pinterest and Dropbox, according to Business Insider.

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About the Author
By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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