How Much Money Did Mark Stevens Make From The Warriors
OAKLAND — Before Game 3 of the NBA Finals betwixt the Gold Land Warriors and the Toronto Raptors, if Mark Stevens was known for annihilation, information technology was probably for his role funding tech and other companies as a venture capitalist in Menlo Park.
After Th, though, y'all'll probably recognize him equally the dude who shoved Raptors' guard Kyle Lowry and got himself barred from all Warriors events for a year — despite being a minority owner of the team.
Stevens was banned Thursday from attending any Warriors events — and indeed whatever NBA games — for a yr, after he shoved and yelled obscenities at Lowry when the Toronto hoopster fell out of bounds and into Stevens chair during the 4th quarter of Wed nighttime's game in Oakland.
In addition to banning Stevens from the Warriors outset season at Chase Center, the team and the league also slapped Stevens with a $500,000 fine for his behavior. And NBC News reported late Thursday that Stevens may also exist forced to sell his share of the team before next flavour.
Even earlier suspending and fining Stevens, the Warriors weren't too happy about the incident. Stevens was removed from the Oracle Arena before the end of the game, and early Friday, the squad said Stevens wouldn't exist allowed to attend any of the remaining Finals games this season.
But just who is Mark Stevens?
Well, he'south a billionaire, with a reported net worth of more than $ii billion. He is currently a managing partner of S-Cubed Majuscule, described rather sparsely on its website as a "diversified investment holding company and family part located in Menlo Park," with "global interests" in technology, financial asset management, sports management and other areas.
Co-ordinate to a bio on the site, Stevens made his actual money at Sequoia Upper-case letter, at a fourth dimension when the VC firm invested in the likes of PayPal, LinkedIn and Google. He joined the Warriors ownership group dorsum in 2013, when Joe Lacob and Peter Guber led the purchase of the squad. And he sits on the boards of the University of Southern California, his alma mater, and a handful of companies, including graphics chipmaker Nvidia.
Stevens is also, apparently, very sorry.
"I have full responsibleness for my actions concluding night at the NBA Finals and am embarrassed by what transpired," the venture backer said in a statement late Thursday afternoon. "What I did was wrong and in that location is no excuse for information technology. Mr. Lowry deserves better, and I take reached out today in an attempt to directly apologize to him and other members of the Raptors and Warriors organizations. I'chiliad grateful to those who accepted my calls."
"I hope that Mr. Lowry and others impacted by this lapse in judgement empathise that the behavior I demonstrated last night does not reflect the person I am or take been throughout my life," he said.. "I fabricated a fault and I'k truly deplorable. I need to be better and look forrad to making it right."
And, Stevens added, "I fully take the punishment administered by the NBA and the Warriors."
Source: https://www.mercurynews.com/2019/06/06/who-is-mark-stevens-aka-the-guy-who-shoved-kyle-lowry/
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