The San Antonio Spurs have sold a minority stake in the franchise to Airbnb co-founder and billionaire Joe Gebbia.

Gebbia tells The Athletic that he has a new strategic partnership role with the Spurs, joining Michael Dell, the founder of Dell Technologies, and San Francisco-based investment firm Sixth Street as new investors in the Spurs. 

“I love being in presence of people who have dedicated their lives to something, to their craft. And I remember thinking to myself: One day, I want to be in the NBA of the business world,” Gebbia told The Athletic. “I want to be in the NBA of entrepreneurship. I'm a big fan of the Spurs. Big fan of coach Pop (Gregg Popovich), and the Spurs have had a pretty remarkable run — five championships between what ‘99 and 2014, legends on a team like Tony Parker, Manu Ginobli, David Robinson, Tim Duncan.”

Gebbia was born in Atlanta.