Backing What's Next: A Conversation with Serena Williams | Global Conference 2026

Milken Institute
Milken InstituteMay 18, 2026

Why It Matters

Williams’ venture journey shows how celebrity influence, when paired with disciplined investing and a focus on diversity, can redirect capital toward underserved founders, reshaping the VC landscape and driving inclusive innovation.

Key Takeaways

  • Serena leveraged curiosity to transition from athlete to venture investor.
  • Built Starfire Ventures focusing on women, people of color founders.
  • Emphasized three-year track record before raising institutional capital.
  • Uses network to source deals and provide strategic introductions.
  • Invested in fintech like Isuzu to expand credit access for renters.

Summary

The Global Conference 2026 panel featured Serena Williams discussing her evolution from tennis legend to venture capital founder of Starfire Ventures. Williams described how a lifelong curiosity about technology and business led her from angel investing in 2014 to raising institutional capital after a disciplined three‑year period of building relationships, due diligence, and a track record. Key insights included the importance of patience—echoed by Magic Johnson’s comment on athletes understanding long‑term building—and the strategic focus on underrepresented founders. Williams highlighted her firm’s mission to allocate capital to women and people of color, emphasizing team composition that blends experience with fresh, diverse perspectives to navigate emerging sectors like AI and fintech. She illustrated her investment thesis with the fintech company Isuzu, which helps renters build credit, noting that early backing from Starfire enabled the startup to secure further funding and become a multi‑billion‑dollar business. Throughout, she stressed leveraging her extensive network to source deals and provide founders with introductions that only a high‑profile investor can deliver. The conversation underscores a broader shift: high‑visibility athletes are translating personal brands into influential VC platforms, reshaping capital flows toward inclusive entrepreneurship and demonstrating that disciplined, curiosity‑driven approaches can generate both financial returns and social impact.

Original Description

Watch all 2026 Global Conference session replays: https://milkeninstitute.org/events/global-conference-2026/program
With 23 Grand Slam titles and four Olympic gold medals behind her, Serena Williams channeled her competitive edge into venture capital, founding Serena Ventures. Join Serena for a conversation on how she identifies and backs high-growth companies, her approach to sourcing and evaluating opportunities, and what she looks for in founders building scalable businesses. The discussion will explore her investment strategy, lessons from building a venture platform, and her perspective on where the next generation of breakout companies will emerge.
Serena Williams
Founder and Managing Partner, Serena Ventures
Jason Kelly
Host and Executive Producer, The Deal

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