Metta World Peace discusses missed Vitaminwater investment opportunity

Metta World Peace revealed on the 'Drink Champs' podcast that he missed an opportunity to invest $235,000 in Vitaminwater in 2007. He turned down the deal to receive upfront payment instead of equity, stating his unfamiliarity with equity concepts at the time. He expressed no regrets about his decision but reflected on his lack of knowledge. The acquisition of Vitaminwater's parent company, Glaceau, by Coca-Cola for $4.1 billion in cash occurred shortly after his decision, as 50 Cent capitalized on the deal and earned $100 million.

• 3:39 PMYahoo Sports — Metta World Peace Explains How Not Understanding Equity Caused Him To Miss Out On This Investment, But He Doesn’t Regret It