“I have aspirations to be more successful off the field than I was on the field. I think I’m in a fairly good place, but I know I have a lot of hard work ahead of myself to accomplish that,” he said.
According to Suh, he is “bullish” in the hospitality and restaurant sectors. He is an investor in a Special Purpose Acquisition Company (SPAC) that focuses on the hospitality space.
“I’ve seen a lot of good growth in those areas that a lot of people wouldn’t expect. There’s going to be a bigger demand as the vaccine is rolling out and people more open to being out in public. Deliveries and the opportunity to grab and go; I’ve seen a lot of success in those spaces,” said Suh.
He added that this year, he has “projects in the pipeline” around Portland, Oregon where he grew up. “We’ve signed leases and waiting for things to get up and rolling as things come back.”
Suh also made investments in the fitness sector. He invested in the Canadian company “Silofit”. According to Crunchbase, the company went through a $2.5 million fundraising round in November 2020.
Ndamukong Suh says he is a “hands-on investor”
He used his popularity as an NFL player to connect with Gary Shiffman, the Chairman of Sun Communities Inc (NYSE: SUI), a real estate company, and Howard Schultz, the former CEO of Starbucks (NASDAQ: SBUX). He has stock holdings in both companies.
