Summary: Carey Smith sold Big Ass Fans, the company he founded in Lexington, Kentucky, for $500 million in December of 2017 and then moved to Austin. He bought Lance Armstrong’s 8,800 square foot home near downtown in 2018 and launched Unorthodox Ventures, an Austin-based business incubator and VC firm that invests in innovative companies with great products. Smith runs Unorthodox Ventures with a small group of former employees, known as the Kitchen.
