Sam Hinkie ruled out the possibility of ever working within the NBA again during an interview with Pablo Torre of ESPN.
Hinkie was first asked about rejoining the Philadelphia 76ers, which on the face seems like a better chance than previously considering Daryl Morey was just hired by the team.
“Oh, zero,” said Hinkie. “Zero. I’ve turned that chapter for sure. That part of my life. I very much like what I’m doing now. I like surrounding myself with people who think in sort of the timeframes I do, which is often longer. That are quite comfortable with long feedback loops. That want to do the kinds of things I do, which is bet on young people and watch them flourish.”
Torre then asked Hinkie about working in any capacity within the NBA.
“Zero. Zero. The same,” said Hinkie.
Hinkie now runs a venture capital firm called Eighty-Seven Capital that raised $50 million earlier this year.
“Nominally, I stated a company. Practically, it’s a venture capital firm that allows me to be an investor in early stage companies,” said Hinkie. “It allows me to sort of ride the rollercoaster with young, ambitious principled people trying to make a dent in the universe. One way or the other. Sort of commercial universe. They have some dream they want to see come to fruition and a path to get there. What they need is capital, encouragement and advice. And a bunch of amazing colleagues around them to really help them get there. That’s what I do.”