Welcome!

News Feed Item

Michael Redd Continuing to Have Impact Off the Court

COLUMBUS, Ohio, March 17, 2014 /PRNewswire/ -- How do you top being the captain of The Ohio State University team, a successful professional career, and an Olympic Gold Medal? Michael Redd is preparing to have impact off the court as well. He is using his resources to expand The Wave, a ministry Michael founded in 2008, and to build entrepreneurship and economic development in the Midwest by joining NCT Ventures, where he will be a Venture Partner.

The Wave was formed to help minister to the Columbus community and beyond. They historically have been event-based activities and have reached thousands in the community through their outreach. They now are developing a central location, and developing ongoing programmatic offerings to build more leaders and expand their reach.

The former NBA player has pointed out that there is a strong correlation between the professional athletes' world and the entrepreneurship community that directly relates to competitiveness and drive. Michael has expressed that he "naturally loves helping people and truly wants to see those with passion succeed," which is where his passions and NCT's core mission align.

"NCT has a long history of success by supporting passionate people who know how to win," says Rich Langdale, managing partner of NCT Ventures.

As a Venture Partner, Michael will identify deal flow and help entrepreneurs successfully bring their business ideas to fruition. NCT is a very hands-on investor, and is often helping their portfolio companies draft talent and find new customers. Michael plans to use his expertise and extensive network to further support the company's growing portfolio of successful companies. He will start by buying his own company and engaging in NCT's extensive training program.

Michael also realized that he had to become a professional investor to avoid the pitfall that happens to many NBA players after retiring from the game. Currently approximately 60% of NBA players go bankrupt just five years after retirement. Through his outreach he believes he can help others avoid some of these financial problems.

Michael's priorities in life have always centered around his faith, family, ministry and his determination to help others to the best of his abilities. He is now returning to his roots in Columbus, Ohio to do just that – by leveraging entrepreneurs' talents and creativity to develop profitable business models.

About Michael Redd
Michael is a former professional American basketball player. The former Ohio State Buckeye player began his professional basketball career after being drafted 43rd overall in the 2000 NBA Draft by the Milwaukee Bucks where he played for 11 years, followed by another year with the Phoenix Suns. His accomplishments expand equally across both his professional and personal goals, including status as an NBA All-Star to a Gold Medalist with Team USA at the 2008 Summer Olympics to his philanthropic endeavors in buying a church building for his father's ministry to help his hometown community in Columbus. Throughout his career, Michael has dedicated himself to striving for success in more ways than one and he continues to do so in his professional life as a businessman, post-NBA.
http://www.thewavecolumbus.com

About NCT Ventures
NCT Ventures is a venture capital firm dedicated to providing a platform for entrepreneurs to succeed in turning their ideas into profitable business models through hands-on operational support. Over the last 20 years, NCT has helped build many successful companies across a variety of industries by investing within their Midwest community and focusing on their core competencies of marketing, logistics and disruptive platform technologies to propel their portfolio companies to success. http://www.nctventures.com/

SOURCE NCT Ventures

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...