After launching her own line of clothing last year, Serena Williams appears to be expanding her resume beyond the sports industry as the legendary tennis player has now been appointed to join Poshmark’s board of directors.
If you’re unfamiliar with Poshmark, it’s an online marketplace created for people to sell their new and used clothing. Poshmark, which was founded by Manish Chandra, Tracy Sun, Gautam Golwala, and Chetan Pungaliya in 2011, is valued at nearly $600 million, according to News One. Poshmark sellers collectively garnered $1 billion since the company was launched.
“I’m really excited to join Poshmark because it really speaks to my core values,” said Williams. “They really believe in so many different aspects of my life that I am not only living but I’m also preaching.”
Manish Chandra released a statement on what makes Serena Williams the perfect fit for Poshmark’s Board of Directors, even adding that the platform was developed by a team of strong women like Williams.
“What triggered my initial interest [in Williams], is there are very few people who have that focus on excellence. What we are trying to build is a very diverse, independent board, people who can guide us to the next level of growth,” said Chandra. “Seeing she had the right experience, and the passion for fashion, that’s the way we looked at it.”
Serena Williams currently has a closet on Poshmark, where the proceeds from purchased items will go to the Yetunde Price Resource Center, an organization that she founded in memory of her sister who was fatally shot in Compton in 2003.