Sport
Hoop dreams come true as Cannon-Brookes buys stake in NBA team – Sydney Morning Herald
Technology billionaire Mike Cannon-Brookes has become the first Australian to own an NBA team, buying a minority stake in the Utah Jazz.
Under the terms of the deal, Mr Smith will be the representative owner of the team, with Mr Cannon-Brookes and Ryan Sweeney, partner at US venture capital firm Accel, coming in as minority owners.
Qualtrics designs software for fast data collection and analysis, while Atlassian builds software to help IT departments and computer programmers work together online. Accel was an early investor in both software companies.
Mr Smith and Mr Cannon-Brookes, both lifelong basketball fans, told The Age and…
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