TLDR:
- Jimmer Fredette is balancing his role as an Olympic athlete with his job as a partner at investment firm Tandem Ventures.
- Fredette aims to help USA Basketball win all four of the sport’s gold medals in Paris.
Jimmer Fredette, a former college basketball star and now partner at Tandem Ventures, is preparing to secure an Olympic gold medal this summer. Fredette starts his days with fatherly duties and workouts before diving into business meetings and fundraising calls. As headliner of the U.S. Olympic men’s 3×3 basketball team, Fredette is aiming to help USA Basketball win all four gold medals in Paris, a first-time achievement. Balancing his basketball responsibilities with his role at Tandem Ventures, Fredette has helped raise $40 million for special purpose vehicles (SPVs).
Supported by mentors such as Utah Jazz owner Ryan Smith and HGGC chairman Steve Young, Fredette has delved into the world of venture capital, launching The Tandem Ventures Fund I, L.P. to target early-stage tech companies. With the team’s focus on finding the next billion-dollar unicorns, Fredette has found fulfillment in building something outside of basketball. The 35-year-old athlete is enjoying competing in 3×3 basketball before potentially retiring from professional basketball after the Summer Games.
Despite the pressure to win gold, especially when wearing the USA jersey, Fredette remains focused on his dual career ambitions. He plans to spend more time on his Olympic duties as pool play begins in July and hopes to secure a gold medal in Paris. With the support of his venture capital teammates at Tandem, Fredette is navigating his final basketball moments and building camaraderie both on and off the court.
