NFL legend Joe Montana lived around top VC execs as a 49er, then leveraged those ties to launch his second career as an investor

Four-time Super Bowl champion Joe Montana wasn’t looking to be an investor after his NFL career, but his San Francisco 49ers teammates convinced him to give it a shot.

In an interview with CNBC on Thursday, the legendary quarterback recalled how former offensive tackle Harris Barton and former safety Ronnie Lott approached him with an idea to start a “fund of funds.”

“And because we lived around all the guys who were running Sequoia, Kleiner, Excel, all the top-tier funds,...