Lionel Messi Runs Venture Capital Fund Play Time HoldCo Alongside Football Career
Lionel Messi, who this week announced his retirement from Argentina's national team, has for years operated a venture capital fund called Play Time HoldCo, co-founded with Razmig Hovaghimian in October 2022 with an initial target of about $200 million. The fund holds stakes in AI startups including World Labs, Field AI, Fish Audio, Perceptron, Intangible and SuperAnnotate, and Messi separately holds equity in Sorare, KRÜ Esports, and Inter Miami, now valued at $1.45 billion.
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Messi's investment portfolio shows how top athletes are increasingly trading endorsement checks for equity stakes, betting on long-term ownership rather than one-time sponsorship fees. It signals a broader shift among sports stars toward building diversified wealth through startups and club ownership as their playing careers wind down.
- Messi co-founded VC fund Play Time HoldCo in 2022, targeting roughly $200 million.
- His portfolio spans AI startups, fantasy sports, esports and club ownership, including a stake in Inter Miami.
- Athletes are shifting from sponsorship deals to equity investments for long-term financial security.
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Published there as: “While Fans Mourn Messi’s Retirement, He’s Quietly Running a Venture Capital Fund”
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