Shaq Is Now Looking To Invest In Tech Startups

A successful tech startup has to have three things: vision, innovation and lots of money. It's a matter of opinion whether former Lakers center Shaquille O'Neal has the first two items on that list, but he certainly has the third, and he's looking to share it with budding entrepeneurs out there.

O'Neal announced today at SXSW that he will be "looking for the next big thing" via 15-minute elevator pitches on video sharing service Tout.

The winner of the contest will get an "informal investment meeting" with the big man and maybe, down the line, a little capital to start their business. Here's hoping Shaq's business sense is better than his free throw shooting.

Duncan Steel | Elite.

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