CMCSA Comcast Corporation Class A

Andre Iguodala Joins Comcast Ventures’ Catalyst Fund

Comcast Ventures, the venture capital affiliate of Comcast Corporation, today announced Andre Iguodala has joined its Catalyst Fund as a Venture Partner.

This press release features multimedia. View the full release here:

Andre Iguodala, Venture Partner, Comcast Ventures’ Catalyst Fund (Photo: Business Wire)

Andre Iguodala, Venture Partner, Comcast Ventures’ Catalyst Fund (Photo: Business Wire)

Iguodala is a three-time NBA Champion and First Vice President of the National Basketball Players Association. He is a New York Times best-selling author of “The Sixth Man” and also a successful entrepreneur and startup investor, funding over 40 companies including Zoom, Datadog, PagerDuty, and Allbirds. As an investor and a member of the Board of Directors for Jumia Technologies, Iguodala helped the company grow and go public in April 2019 with a billion-dollar IPO. He also serves as a Board Advisor at enterprise software company Zuora.

“We are thrilled to welcome Andre to the Comcast Ventures team,“ said Amy Banse, Comcast Ventures’ Head of Funds and Managing Director. “Andre’s investment experience and network, coupled with his passion for supporting entrepreneurs from diverse backgrounds, is a perfect fit for our Catalyst Fund. Together, we can offer early stage companies unique resources for growth, building on our vision of a startup ecosystem full of founders creating technologies for a diverse world.”

“I am excited to join the Catalyst and Comcast Ventures teams, which will provide me with the opportunity to advise and work with emerging entrepreneurs from diverse backgrounds,” said Iguodala. “I have admired Comcast NBCUniversal’s commitment to invest in startups with founders who are typically underrepresented in the venture world. Together, we have unique experiences and resources no other venture firm has to help founders grow their companies.”

Andre Iguodala joins Principal Fatima Husain at the Catalyst Fund and will focus investments in companies founded by African American, Latinx, and female entrepreneurs. Husain joined Comcast Ventures in 2019 and was previously a Senior Growth Product Manager at Airbnb. She’s also a Co-Chair for an All Raise Cohort and an active advisor for AirAngels, Airbnb’s alumni angel investor group.

More about Comcast Ventures’ Catalyst Fund:

  • Launched in 2011, the Catalyst Fund has supported more than 70 startups with founders from diverse backgrounds through direct investments, and in partnership with leading accelerator programs.
  • The Catalyst Fund portfolio represents companies from many industries and across multiple sectors including gaming, DTC products, fintech, and enterprise applications.

For a list of portfolio companies visit:

About Comcast Ventures

Comcast Ventures () is the venture capital affiliate of Comcast Corporation. It is a returns-focused venture capital firm with a 20-year history investing in consumer, enterprise, and frontier technology companies. Since Head of Funds Amy Banse joined in 2011, the has grown to more than 130 companies. Some recent notable exits include: Aporeto, Cheddar, Data+Math, Docusign, and Dollar Shave Club. We are industry leading when it comes to funding women, with 26% of our portfolio having at least one female founder. Comcast Ventures is consistently ranked on the list of top 10 most active CVCs. The includes experienced investors, entrepreneurs, and startup operators based in our offices in San Francisco, New York, Philadelphia, and Los Angeles.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit for more information.

EN
05/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Comcast Corporation Class A

Blair Levin
  • Blair Levin

What Policies Matter to Telco’s Success: Supply Side or Demand Side? ...

T CEO John Stankey recently said that “I’ve never seen federal policy this supportive of market-based investment in advanced networks.” That statement raises multiple interesting investor related questions about what does, and does not, support investment in advanced networks, including the relative importance of those policies that drive supply and those that drive demand, and how government is treating advanced networks versus networks that have lower cost structures but also involve lower pe...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: The value unlock trade? Nope. No major change in fundamentals

We shared our view of Comcast’s results this morning. Results were in line and commentary on the business fundamentals were mostly unchanged. In this note following the earnings call and our follow-up conversations, we address the following key investor issues including 1) the big picture value unlock theory; 2) the newly (apparently) amended VZ MVNO agreement; 3) broadband ARPU growth; 4) Connectivity EBITDA growth; 5) 2026 capital spend; 6) wireless net adds, and 7) 2026 FCF.

Vikash Harlalka
  • Vikash Harlalka

CMCSA 4Q25 Quick Take: Results mostly in line; Waiting to hear what’s ...

Comcast’s results were mostly in line with estimates. Broadband losses and ARPU were in line. On the call, we would be keen to hear about subscriber trends in 1Q. We don’t expect any major changes to the stock price based on these results. What will drive the stock today is commentary on 1Q broadband trends and potential ‘value unlock’ from an NBCU spin.

Blair Levin
  • Blair Levin

Can CMCSA Buy CHTR After the Cox Deal is Done?

With the CHTR/Cox deal moving towards approval and CMCSA out of running for WBD, we are again getting questions as to whether CMCSA could buy the combined CHTR/Cox entity. Further, as our New Street colleagues discussed yesterday, there has been a divergence in the stock price performances of Comcast and Charter driven by a potential ‘value unlock’ resulting from a potential split of Comcast cable from NBCU. It is beyond the scope of our expertise to analyze the financial details that could jus...

Vikash Harlalka
  • Vikash Harlalka

CMCSA: Potential Value Unlock?

Investors have been asking about the diverging stock price performance between Comcast and Charter. We believe the reason is an expanding conversation about the potential ‘value unlock’ that could emerge were Comcast to split its cable and NBCU businesses. In this note, we estimate what Comcast could be worth were this scenario to play out. To be clear, we are skeptical. Not that it shouldn’t happen, but rather the Roberts’ are too invested in their belief about the synergy between these entitie...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch