Former 76ers GM Sam Hinkie. Mitchell Leff/Getty Images

Trust the process: Sam Hinkie raises $50 million for Silicon Valley venture capital firm

Former Philadelphia 76ers general manager and president Sam Hinkie has something new to process.

On Wednesday, Dan Primack of Axios reported that Hinkie has raised $50 million for a Silicon Valley venture capital firm. The firm, named Eighty-Seven Capital, won't have a sports focus.

Hinkie is probably most known by NBA fans for the 76ers tanking across multiple seasons to stockpile draft picks. The team jokingly, albeit somewhat affectionately, became known as "Tankadelphia" during the middle of the 2010s as Hinkie asked perturbed fans to "trust the process."

The Sixers and Hinkie parted ways in April 2016, ironically before center Joel Embiid made his NBA debut and helped spark the franchise's turnaround into a legitimate contender. When the coronavirus pandemic brought the 2019-20 season to a halt on March 11, the Sixers sat sixth in the Eastern Conference standings.

Philadelphia lost to the Toronto Raptors in the 2019 Eastern Conference semifinals in heartbreaking fashion: 

Meanwhile, Embiid embraced the nickname "The Process" in tribute to the man responsible for the big man landing in Philadelphia: 

Zac Wassink is a football and futbol aficionado who is a PFWA member and is probably yelling about Tottenham Hotspur at the moment. Erik Lamela and Eli Manning apologist. Chanted for Matt Harvey to start the ninth inning of Game 5 of the 2015 World Series at Citi Field. Whoops. You can find him on Twitter at @ZacWassink


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Can you name the highest-paid players in the NBA?

Figures via Spotrac. 

$42.7M / HOU
James Harden
$42.7M / WAS
John Wall
$41.4M / HOU
Russell Westbrook
$41.1M / BRK
Kevin Durant
$40.2M / GSW
Stephen Curry
$39.9M / OKC
Chris Paul
$38.3M / LAL
LeBron James
$37.9M / GSW
Klay Thompson
$36.0M / PHI
Tobias Harris
$35.5M / MIL
Khris Middleton
$35.1M / BOS
Kemba Walker
$35.1M / MIA
Jimmy Butler
$34.9M / LAC
Kawhi Leonard
$34.2M / DET
Blake Griffin
$34.2M / LAC
Paul George
$34.1M / BRK
Kyrie Irving
$33.3M / TOR
Kyle Lowry
$31.9M / BOS
Gordon Hayward
$31.6M / DAL
Kristaps Porzingis
$31.6M / MIN
Karl-Anthony Towns
$31.6M / PHX
Devin Booker
$30.5M / UTA
Mike Conley
$30.1M / CLE
Kevin Love
$30.0M / DEN
Paul Millsap
$29.5M / DEN
Nikola Jokic
$29.5M / MIN
Andrew Wiggins
$29.5M / PHI
Joel Embiid
$29.3M / GSW
D'Angelo Russell
$27.9M / POR
Damian Lillard
$27.8M / SA
DeMar DeRozan

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