KEVIN DURANT’S THIRTY FIVE VENTURES TO BECOME EQUITY PARTNER IN MASTER & DYNAMIC
360-Degree Partnership Includes Ownership in Company; Fans will see Durant and His Team Provide Input on Creative, Design and Product Marketing
New York, NY – May 22, 2019 - Thirty Five Ventures, owned by NBA star Kevin Durant and sports business executive Rich Kleiman, today announced that the company will become an equity partner in New York City-based premium audio brand Master & Dynamic. Since launching in 2014, Master & Dynamic has focused on building beautifully crafted, technically sophisticated sound tools to help focus, inspire and transport minds around the globe.
“Master & Dynamic has been elevating the audio game since they launched in 2014 and I felt that they were a company I had to get involved with,” said Kevin Durant. “Music is such a huge part of my life that their products have become an important part of my day to day, and I’m looking forward to some amazing collaboration between our teams.”
Master & Dynamic’s unique approach to product development and business has accelerated the company’s growth. Ground-breaking product innovations like the MW07 True Wireless Earphones, recently honored with the coveted Red Dot Award in the Product Design category, and collaborative partnerships with globally-iconic luxury brands like Louis Vuitton and Leica Camera have paved the way for this pivotal moment in the business, signaling the right time for this new and exciting opportunity with 35 Ventures.
“We are extremely privileged to partner with select leaders across various disciplines. They inspire us daily with their focus and commitment to quality and craft,” states Jonathan Levine, founder and CEO of Master & Dynamic. “Our partnership with Kevin Durant and his Thirty Five Ventures business partner Rich Kleiman, is no different. The more time I spent with Kevin and the 35 Ventures team, the more I realized how Kevin's deep love of music and technology and approach to his craft, basketball, mirrors that of Master & Dynamic: concentration, focus, and a tireless and dynamic pursuit of mastery. And he does this based on his own internal drive rather than a need to impress the world.”
In addition to having part ownership in Master & Dynamic, the full partnership will also see Durant and Thirty Five Ventures work with the company on creative, design and building out the intersection of sports and music. In June, a special edition “Studio 35” colorway of the newly released MW65 Active Noise-Cancelling Wireless Over-Ear Headphones from Master & Dynamic will launch. Fans will be able to purchase the custom designed cool grey active noise-cancelling headphones online at masterdynamic.com and at select retail locations.
“As I’ve gotten to know Jonathan and his team, I’ve been impressed by how they have grown the company out to one of the preeminent audio companies in the world,” said Rich Kleiman, Partner, Thirty Five Ventures. “Master & Dynamic are disrupting the industry, not only through advanced technology but also the premium look and feel of their products. We know that they are going to be a true force in the space and cannot wait to get started with them.”