TLDR:
- Jimmer Fredette is balancing his venture capital work at Tandem Ventures with his goal of winning an Olympic gold medal in 3×3 basketball for Team USA.
- Fredette, a former college basketball star, has helped raise $40 million for SPVs and is focused on building a successful early-stage tech fund.
In the article, it is highlighted that Jimmer Fredette, a former college basketball star from BYU, is currently balancing his role as a partner at investment firm Tandem Ventures with his aspirations of winning an Olympic gold medal in 3×3 basketball for Team USA. Fredette’s daily routine involves handling fatherly duties in the mornings, engaging in strenuous workouts, and attending business meetings and fundraising calls in the afternoons. His commitment to time management has allowed him to successfully juggle both his venture capital responsibilities and his basketball career.
Fredette, who joined Tandem Ventures in 2022, has played a key role in raising $40 million for five different special purpose vehicles, focusing on early-stage tech companies and seeking to identify potential unicorns. He credits mentors like Utah Jazz owner Ryan Smith and HGGC chairman Steve Young for guiding him in the venture capital world. Despite his busy schedule, Fredette is excited about building something outside of basketball and finds the experience rewarding.
As a member of the U.S. Olympic men’s 3×3 basketball team, Fredette is aiming to help USA Basketball win gold medals in both the men’s and women’s programs for the first time in Paris. His team faces tough competition from countries like Serbia, Lithuania, and Belgium, with the pressure of representing the USA adding to the expectation of a strong performance. Fredette views his Olympic journey as one of the top accomplishments in his athletic career.
While Fredette plans to retire from professional basketball after the Summer Games, he remains open to future opportunities in the sport. For now, he is focused on balancing his roles in venture capital and athletic competition, with a determination to succeed in both endeavors.
