Shane Battier

Retired NBA star turned philanthropist

THIS CHAT HAPPENED ON May 31, 2016

Discussion

Shane Battier@shanebattier · philanthrophy
Good Afternoon - I'm Shane Battier,​ ​angel​ ​investor​ ​and co-founder of the Battier Take Charge Foundation. I've seen the impact of smart investments and social do-good and I am thrilled to share my knowledge. I'm passionate about the art of the ask - come with your questions! Let's move!
Ben Tossell@bentossell · newCo
What are your favourite questions to ask founders?
Shane Battier@shanebattier · philanthrophy
@bentossell I always ask founders, "Why are you asking me?" As someone who is just beginning this career, I know a handful of people see the best deals out there. Most deals that trickle down to me probably has some red flags associated with it. If a founder can convince me otherwise, I'm in. But I always start off as a skeptic and say 'prove it'
Andrew Ettinger@andrewett · 👟 @wearAtoms // ex @Twitter @ProductHunt
As a Heat Lifer, I'm thankful for your role in 3 of my favorite seasons as a sports fan! What do you think will be the biggest tech advancement to the game of basketball? What was the biggest you saw in your career?
Shane Battier@shanebattier · philanthrophy
@andrewett biggest tech advancement will come in the ability to isolate and maximize health (in a non-steroid way obviously). Quicker recovery, more load potential, longer careers, will raise the level of the athlete playing the game and we will see a level of athleticism never seen before. The advance of analytics was obviously the biggest I saw in my career. People 'knew' what won and what lost before, but now it's measurable in a way that previously impossible.
Thomas Stöcklein@tomstocklein · FoundersFundersFuture.com
On being an angel investor: 1. What's your approach to angel investing? 2. Do you have any favorite sectors? 3. What are your top questions for founders seeking funding? 4. What are some red flags that make you pass on a potential investment? 5. What other angel investors do you admire or have you learned from when you first started out investing?
Shane Battier@shanebattier · philanthrophy
@tomstocklein 1. invest in what you know and like (Buffett) 2. Sports Tech is an area of interest that I know a little about 3. I always ask "Why do you want me? and how many people have rejected you before you came to me? 4. Red flags? Always look at the inventors shoes, tells a lot about a person. 5. Bill Gurley is my guy. Heck of a basketball player (a little better as an investor :)
Corey Hubbard@corey_hubbard · Founder - DreamHighr
Hello Shane! Thanks in advance for taking our questions and I wanted to ask, how do you stay grounded?
Shane Battier@shanebattier · philanthrophy
@corey_hubbard You stay grounded by focusing on the 'next play' all successful people focus entirely (mentally, spiritually, emotionally) on the task at hand, whether it follows success or failure. If this is your habit, you will win.
Thomas Stöcklein@tomstocklein · FoundersFundersFuture.com
Hey Shane, Great to have you on ProductHunt! Have you considered partnering with other retired NBA players and/or large corporate sponsors to increase the size, reach and endowment of the Battier Take Charge Foundation?
Shane Battier@shanebattier · philanthrophy
@tomstocklein as director of development, my job is to grow @shanetakecharge. There are so many wonderful causes out there, we just want to Do Well. Do Good. The challenge is to find like minded companies, individuals, and foundations that believe in our mission and want to join us on our journey. If you feel this way, we always have a seat for you on our boat.
Moksh Jawa@mokshjawa · High School Student
Hey Shane, I've grown up watching you :) I'm a 16-year-old high schooler working to spread computer science education and have made an online course and published a book on CS, helping over 5,000 students and providing over 25,000 hours of computer science education. I was recently featured in many news outlets including CNBC (http://www.cnbc.com/2016/05/19/h...) and now I need financial support to continue improving education for undeserved youth. Do you have any advice for raising money or would a foundation like the Battier Take Charge Foundation be open to supporting me? Thank you so much! :)
Shane Battier@shanebattier · philanthrophy
@mokshjawa my advice is to put your running shoes on and start knocking on doors. There are a multitude of people who want to help education initiatives, but there is still a layer of separation that technology does not break down. Face-to-face is still the most powerful sales trick, people want to see and feel your passion for your product and how it will transform the world.
Brent Summers@brentsum · Founder, Code-Free Startup
What do you think about the current "advanced analytics" debate in basketball?
Shane Battier@shanebattier · philanthrophy
@brentsum It's like winter in Game of Thrones, 'it's coming' (eventually) players had better get on board or the train will leave the station
Seth Williams@sethbwilliams · Designer, Product Hunt
Hey Shane, I'm a huge Duke basketball fan and saw you play at Cameron Indoor back in the 99-00 season. Do you still keep in touch with any of those teammates, and what's the greatest thing you learned under Coach K?
Ben Tossell@bentossell · newCo
If you could swap lives with a Tech CEO/founder for a week, who would it be and why?
Shane Battier@shanebattier · philanthrophy
@bentossell Elon. While I'm sure there are stresses that are otherworldly, he is dealing with issues that are, well, otherworldly...........literally!
Shane Battier@shanebattier · philanthrophy
hello everyone!
CharlesBHicks@atribecalldbest · N/A & N/A
@shanebattier Hey Shane! If you have multiple interests of like passion, how would you narrow the field to focus on the most likely success? My shoes are an old model, dirty, but comfortable.
Daniel Lee@dleesta · Product Manager
Hey Shane, much respect for your years of lock down defense! My question is, why did you choose to play professional basketball? You were a rhodes scholar, clearly had a ton of career options to choose from, why basketball?
Shane Battier@shanebattier · philanthrophy
@dleesta my earliest memory was reading the USA Today where I saw the odds of becoming an nba player (they weren't likely odds), I felt in my heart that I was the 1 out of a million that could make it. That was my dream and that's what I worked towards.
Emily Hodgins@ems_hodge · Operations @ Product Hunt
What qualities do you look for in a founder when making investment decisions?
Trey Kline@trey_kline
What has life been like post playing? Do you have an interest in coaching in the NBA? I would love to see you on the sidelines in Houston and I know Daryl Morey would love it too. I recently watched your SSAC panel that included MDA and you two seem to have great rapport.
Shane Battier@shanebattier · philanthrophy
@trey_kline I used to say no, but the contracts some of these coaches are getting nowadays, you kind of have to be an idiot NOT to think about it a little, right?
Trey Kline@trey_kline
@shanebattier thanks for the reply, I need to track down Daryl, brb. Thanks for sharing your face guarding method. I've found a niche in pick up games despite not having handles by using corner threes and lock down defense using your techniques. Best of luck in all endeavors.
Shane Battier@shanebattier · philanthrophy
@trey_kline ha, the hand in the face technique works, I don't care what anyone says, it's annoying and it works!
Teko Bernard@tekobernard · Creator of Hoop Kid®
Hi Shane, thanks for being here! Your a great example of a well rounded and successful student/athlete. And since reading is a cornerstone to learning and education—what can we do to get kids who are passionate about basketball interested in reading? Follow up question: Did you like reading as a kid (8-13 years old)? What was your favorite book?
Shane Battier@shanebattier · philanthrophy
@tekobernard reading was one of my favorite activities growing up. My parents always made sure I had sports books to read (Alfred Slote, Matt Christopher) because I loved sports, reading became an extension of my love. My advice to kids is to be purposeful in your reading, it will lead to passion and a lifetime of fun. Favorite book? The Boxcar Children.
Teko Bernard@tekobernard · Creator of Hoop Kid®
@shanebattier thank you so much for the response. That is really fantastic advice for kids! It's great to learn how much reading meant to you growing up. And to learn about your favorite authors and book(s) growing up! Thanks again!
david shack@shacksays · marketing @ flyp
Hi Shane. I'm a long-time Duke fan, and am always proud to say you are my favorite Devil of all time. Heart, scrappiness, and doing the little things well--that's what it's all about. Also enjoyed the "Glue Guy" article from Players Tribune, well said. My question: You mentioned you know a bit about sports tech, and are somewhat active investing in that space. What sorts of trends do you see that you like outside of the troubled daily fantasy world? Lots of people try sports tech, very few succeed. I'm also interested in your perspective on some of the sports tech incubators that have sprung up (LA Dodgers Accelerator, etc.). Thanks and best of luck and, most importantly... GTHC
Shane Battier@shanebattier · philanthrophy
@shacksays what I'm seeing in the sports tech arena is that there are some really skilled founders that are developing interesting plays in the world of sports. Sports (vs. consumer goods let's say) is actually a smaller world than you would think. The people that will win this vertical will be the ones that can consolidate the ideas that are floating in the space right now. For example. Game Changer and League Apps are two cool companies addressing a need in youth sports, scorekeeping/broadcasting of games/stats and digital league administration/participant analytics. To marry the two ideas under a strong consumer friendly platform would be a homerun that would have a long runway. But neither is at the stage to entertain this idea. Converging these ideas will transform the sports tech scene and I think that the tech incubators like the LAD Accelerator can play a huge role. GTHC
david shack@shacksays · marketing @ flyp
@shanebattier Thanks, good perspective--I will check out Game Changer and League Apps. I agree, the need is there, but not sure if the money is. GTHCGTH
Emily Hodgins@ems_hodge · Operations @ Product Hunt
Hi Shane thanks for joining us today! What life experiences have helped shape the way you approach business?
Shane Battier@shanebattier · philanthrophy
@ems_hodge thanks to @producthunt. I read this site daily. My guilty pleasure. The most important experience I've had is having the self awareness in my life to know I was never the most 'athletic' or 'naturally gifted'. I always knew skills could be learned if practiced enough, that's my mindset as I start a business career......Grind!
Zay@img_98
Hey Shane, I'm currently a junior in high school and I'm a basketball fanatic. I keep track of everything professional basketball. And I have dreams of pursuing a career working for the NBA. Do you have any advice for me?
Shane Battier@shanebattier · philanthrophy
@img_98 start by reading 'Basketball on Paper' the revolutionary book on basketball analytics by Dean Oliver. This is your baseline. There are a number of sports centric analytics conferences popping up. Get a stack of business cards and smile and shake as many hands as you can at these conferences. I promise this is the most popular way that current young front office directors started.
Josh Birdwell@_birdwell · Software Developer Intern, NextThought
Hi Shane, thank you for taking time to have a chat. What do you do to maintain a healthy lifestyle (eating, exercise) post-nba and now being a busy investor & entrepreneur?
Shane Battier@shanebattier · philanthrophy
@_birdwell I live by 2 simple mottos. Do Well. Do Good. and Everything in moderation.......including moderation. I enjoy being active, whether it's playing golf, running, swimming, yoga, eating clean, I just try to respect my body. Except on weekends, when I'll crush a fried shrimp po-boy and a sixer of an adult beverage. You must have balance. The same goes true for investing, you must find a balance between adding value to your current positions and chasing the next big thing. It's okay to do both, but in moderation.
E Wu@ewusef · Founder
Hey Shane thanks for doing this. How were your days like playing at DCD (my close friends all went to school there). Also any advice you have for founders with market testing?
Shane Battier@shanebattier · philanthrophy
@ewusef being a founder is like being a basketball player in many regards. When it comes to market testing, many founders, and basketball players turn a blind eye to the state of their 'game' (quick deactivation rate, or terrible left hand) and only want to focus on the highlights (great marketing strategy/awesome dunker). You must be 'real' with who you are as a company (and a founder for that matter) or a basketball player. Don't take from market testing only what you want to see.
E Wu@ewusef · Founder
@shanebattier Great advice thanks Shane! Also, we are looking to have our first basketball guest on our NBA podcast show, and would be honored if you could be the one. Is that something you'd be interested in?