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Steph Curry's New Early-Stage Investment Firm Backs Pay Equity Company Syndio

Steph Curry is getting into the investment game and he’s kicking things off by backing an innovative pay-equity company. Bloomberg reports that the two-time NBA MVP has a new early-stage investment firm and he’s starting off the company’s slate of investments by putting money into Syndio — a leading company in the equity tech space. Fortune also shares that Curry’s company, Penny Jar Capital, has pledged a $1 million investment for Syndio this week to help the startup maintain its “momentum as the first and the best equity tech platform,” according to CEO Maria Colacurcio. Colacurcio tells the outlet that Curry’s interest in her company was sparked by Syndio’s ability to reveal pay gaps by race and gender. And although Curry’s new firm has only been registered with the Securities and Exchange Commission (SEC) since May, his passion for equal pay predates that. “Ensuring people are paid fairly is long overdue, and is a fundamental issue that needs to be addressed to progress towards...

Jun 22, 2021