SYS-CON MEDIA Authors: Gilad Parann-Nissany, Cynthia Dunlop, Xenia von Wedel, Peter Silva, Glenn Rossman

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
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
"Verizon offers public cloud, virtual private cloud as well as private cloud on-premises - many different alternatives. Verizon's deep knowledge in applications and the fact that we are responsible for applications that make call outs to other systems. Those systems and those resources may not be in Verizon Cloud, we understand at the end of the day it's going to be federated," explained Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, in this SYS-CON.tv interview at...
"We help companies that are using a lot of Software as a Service. We help companies manage and gain visibility into what people are using inside the company and decide to secure them or use standards to lock down or to embrace the adoption of SaaS inside the company," explained Scott Kriz, Co-founder and CEO of Bitium, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced that Centrify, a provider of unified identity management across cloud, mobile and data center environments that delivers single sign-on (SSO) for users and a simplified identity infrastructure for IT, has launched an ad campaign on Cloud Computing Journal. The ads focus on security: how an organization can successfully control privilege for all of the organization’s identities to mitigate identity-related risk without slowing down the business, and how Centrify provides ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...