Paul joins Owl's global platform to support founders building the future of learning and work

SAN FRANCISCO, Sept. 22, 2026 /PRNewswire/ -- Owl Ventures, the world's largest venture capital firm focused on education and workforce innovation, today announced that NBA legend, entrepreneur, and community leader Chris Paul has joined the firm as Venture Partner.

As Venture Partner, Paul will support founders, convene strategic partners, and bring perspective and relationships that help portfolio companies expand their reach and impact. The role builds on his longstanding focus on mentorship, leadership development, and expanding opportunity across communities, while deepening his work with founders and businesses beyond sports.

With more than $2.2 billion in committed capital, three global offices, and over 100 investments, Owl Ventures backs companies helping people learn, prepare for work, advance in their careers, and build skills throughout life. Owl's portfolio companies collectively reach more than 700 million users globally.

"Education is where real change starts," said Chris Paul. "That can happen in a classroom, through a trade, with a mentor, or through the lessons you learn from family and community. My upbringing was rooted in placing value on work ethic, ownership, and opportunity and how access to those things can change a person's life. Owl shares that same belief in helping build companies that can have real impact and give more people access to the tools and opportunities they need to move forward."

As president of the National Basketball Players Association for eight years, Paul represented players through major business and labor issues, built consensus across the league, and helped advance player empowerment and economic opportunity. That experience directly informs the perspective he brings to founders at Owl.

"Chris Paul has spent his career doing what great point guards do: seeing the floor, recognizing potential, and helping others succeed," said Ian Chiu, Managing Partner of Owl Ventures. "That instinct has always extended beyond basketball. As a leader, entrepreneur, and community builder, Chris has used his platform to expand opportunity and help people move forward. We are thrilled to welcome him to Owl as Venture Partner as we continue backing companies that help people learn, build skills, and reach their potential."

As AI reshapes how people learn, work, and build careers, lifelong learning and the ability to turn new skills into opportunity are becoming essential. We believe the companies defining this next era will pair technology with an even greater emphasis on real-world context, trusted relationships, and human insight.

"From the beginning, Owl Ventures has been built around a simple belief: learning is one of the most powerful drivers of human potential and economic progress," said Tom Costin, Co-Founder and Managing Partner of Owl Ventures. "Our approach has always been to bring more than capital to the founders building transformative companies in education and workforce innovation. In a rapidly changing landscape, deep sector insight, relationships, and practical support in reaching the people they serve matter more than ever. Chris adds a powerful new dimension to that work."

About Owl Ventures

Owl Ventures is the world's largest venture capital firm focused on education and workforce innovation. With more than $2.2 billion in committed capital, the firm partners with transformative companies helping people learn, prepare for work, advance in their careers, and build skills throughout life. Owl Ventures leverages its global network, sector expertise, and strategic relationships to help founders scale category-defining companies that expand access, improve outcomes, and create economic opportunity. Owl's portfolio companies collectively serve more than 700 million users worldwide. Learn more at www.owlvc.com.

About Chris Paul

Chris Paul is an NBA legend, entrepreneur, investor, and community leader whose impact extends well beyond basketball. He served eight years as president of the National Basketball Players Association, representing players through major business, labor, and organizational issues during a transformative period for the league. Off the court, Paul has built and invested in businesses across sports, media, and consumer products. For more than two decades, Paul and his family have created opportunities for young people through the Chris Paul Family Foundation. His education work includes establishing the Business of Entertainment, Media and Sports course at several HBCUs with Harvard Business School professor Anita Elberse and creating Club 61, a youth leadership program focused on financial literacy, education and technology, civic responsibility, and leadership development.

Media Contact:

Malvika Bhagwat

malvika@owlvc.com

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/owl-ventures-welcomes-nba-legend-chris-paul-as-venture-partner-302885016.html

Während die Dieselpreise in Teilen Italiens neue Höchststände erreichen, zeichnet sich in Luxemburg eine spürbare Entspannung ab – und in Deutschland profitieren Autofahrer nur eingeschränkt von Steuererleichterungen. In Südtirol kletterte der Dieselhöchstpreis in Bozen Medienberichten zufolge auf 2,288 Euro pro Liter und lag damit am Mittwoch über dem Durchschnitt auf den italienischen Autobahnen. Dort wurden im Schnitt 2,287 Euro pro Liter Diesel fällig. Im gesamtstaatlichen Vergleich ist Südtirol damit weiterhin Spitzenreiter bei den Preisen.

Auch in anderen italienischen Regionen zogen die Dieselpreise deutlich an. In Trient stieg der Selbstbedienungspreis auf 2,274 Euro pro Liter, ein Anstieg um 1,1 Cent binnen eines Tages. Die stärksten Preissprünge wurden jedoch nicht in den teuersten Regionen verzeichnet, sondern im Nordosten und im Westen des Landes: In Friaul verteuerte sich ein einmaliges Volltanken von 50 Litern Diesel um 1,25 Euro, in Ligurien um 1,20 Euro, im Latium um 1,15 Euro. Auf den Autobahnen wurden Tagesanstiege von bis zu zwei Cent je Liter registriert. Der Präsident der nationalen Verbraucherunion, Massimiliano Dona, wirft der Regierung in Rom vor, zu wenig gegen die Preisanstiege zu unternehmen, und warnt vor möglichen Folgen für die Inflation.

Parallel dazu zeigt sich in Luxemburg ein gegenteiliger Trend. Dort wird Diesel nach Angaben des Wirtschaftsministeriums ab Mitternacht um 6,2 Cent je Liter günstiger und kostet dann 1,995 Euro. Damit fällt der Preis unter die Marke von zwei Euro. Die Benzinsorten Super 95 und Super 98 bleiben stabil bei 1,837 Euro beziehungsweise 2,049 Euro je Liter. Auch Heizöl wird in Luxemburg billiger: Bei Abnahme von mindestens 1.500 Litern sinkt der Literpreis am Mittwoch ebenfalls um 6,2 Cent auf 1,477 Euro. Der Großherzogtum bewegt sich damit preislich klar unter dem Niveau vieler Regionen in Italien.

In Deutschland wiederum kommt eine bereits beschlossene Steuerentlastung für Autofahrer nur begrenzt an. In Sachsen-Anhalt senkte die Bundesregierung vor rund einer Woche die Steuern auf Kraftstoffe um 17 Cent pro Liter. Laut dem Portal Benzinpreis-blitz kostete Super E10 am Mittwochnachmittag im Landesdurchschnitt 2,12 Euro pro Liter und damit lediglich rund sieben Cent weniger als am Nachmittag vor Inkrafttreten des Rabatts. Der Dieselpreis lag bei 2,19 Euro pro Liter, rund 15 Cent unter dem Vorkrisenniveau. Die Entlastung erreicht damit nicht vollständig die angekündigte Höhe, zudem spielt laut den Erhebungen die Uhrzeit eine wesentliche Rolle: Je nach Tageszeit fällt der Vorteil für Verbraucher unterschiedlich aus.

Im europäischen Vergleich entstehen damit deutliche Preisunterschiede für Dieselverbraucher. Während Italien mit Rekordständen in Teilen des Landes und spürbaren Tagesanstiegen im Fokus steht, nutzt Luxemburg den Spielraum für Preissenkungen. Deutschland versucht, über Steuersenkungen gegenzusteuern, bislang mit begrenzter Durchschlagskraft an der Zapfsäule. Für Verbraucher bleibt das Umfeld volatil – und die Frage, in welchem Umfang staatliche Eingriffe und Marktbewegungen künftig tatsächlich im Portemonnaie der Autofahrer ankommen.