General Info
Magic Johnson Enterprises, owned by retired NBA Hall of Fame legend Magic Johnson, is a Venture Capital firm focusing on Early Stage Venture and Seed investments in sectors such as fitness sport centers, restaurants, travel, real estate funds, media and entertainment, food service, and facilities management. The company invests in businesses strategically for community advancement, primarily targeting ethnically diverse and underserved urban communities, with a check size that enabled Johnson to become a billionaire. Magic Johnson Enterprises engages in partnerships and collaborations to increase the quality of life in urban communities. Despite limited data found on the website, Magic Johnson’s professional career includes successful ventures like partnerships with Starbucks, divesting in Los Angeles Lakers shares, and founding the Magic Johnson Foundation to transform Urban America through various programs and initiatives.
Location: Beverly Hills, CA
Country: United States of America
Industries:
Investment Regions:
Investment Stages: pre-seed, seed
angel-individual
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🤖 AI Activity Report
Status: very-active
AI Reasoning: I found a press release showing Earvin “Magic” Johnson invested in Johnson Energy Storage (JES) on Sep 17, 2024. Calculating up to the reference date, that investment occurred less than 6 months prior, placing the investor in the highest activity band.
Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.
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