Welcome to sportfolio, bloombergs weekly inside look at the business of sports. In july of 2010, hollywood producer peter guber and his partner bought the Golden State Warriors for 450 million. It was the highest price ever paid for an nba franchise. Since then, they have gone from perennial losers to bona fide championship contenders. The franchise has recently been revalued at 800 million, nearly twice what they paid three years ago. Did anyone see this coming . I sat down with and found out what he knew in 2010 at the rest of the world didnt. It hadnt been properly developed. I dont know that we knew anything more than the average fan, i was a fan for 20 some odd years and i thought there was a tremendous opportunity if someone were to really pay attention. When you bought the franchise, concorde was ok, but now you have almost double the waiting list for season tickets. Winning helps, but it can explain all of that. We have done something that you are doing any business if youre co
Shareholder is describing carl icahn. He is called a rater trying to cash. Im ron burgundy and i will read anything in the teleprompter. It seems the anchorman has been everywhere, lately. He has the viral marketing blitz, a new business of buzz. Breaking news and a new name emerging in the microsoft ceo search, the board considering qualcomm ceo steve mollenkopf. We dont know yet, but one candidate who may be fading is forbes ceo mullaly. There were concerns about his lack of technology experience. They want a new ceo, ideally, before the end of the year. Tom giles, good to see you on the east coast. It is like bloomberg east here. This is a big deal. They are busting the phones to find out what they heard, tell us about it. It turns out we found the name of the person, he is the coo of qualcomm. A well regarded company and has done well in terms of the stock price and growth. They are a leader in wireless technology, specifically the chips that a lot of phones you and i use. Microsof
And we want to be part of that. Another e dish and of sportfolio starts now. Another e dish and of sportfolio starts now. Ion of sportfolio starts now. For 450 the warriors million. At the time it was the highest price ever paid on an nba franchise. They have gone from being annual championship contenders. Anyone see this coming . With him in oakland and asked what he knew in 2010 the rest of the world didnt. It hadnt been developed. I dont know if we knew anything more than the average fan. A fan for 20 years. I thought there was tremendous opportunity. When you bought the franchise it was ok. Almost doubledt in three years. Winning helps. You cant explain all of that. We hire the best people. We spent six months trying to figure out who was good. Six months into it we started making changes. It was a lot of hard work. Its about the people here and the great work they were doing. Do you spend anymore time with Kleiner Perkins . No. Transitioning,as i have a lot of responsibilities. To
Another big edition of sportfolio starts right now. Hello, im rick horrow and welcome to sportfolio, bloombergs weekly inside look at the business of sports. In july of 2010, hollywood producer peter guber and his partner bought the Golden State Warriors for 450 million. It was the highest price ever paid for an nba franchise. Since then, they have gone from perennial losers to bona fide championship contenders. The franchise has recently been revalued at 800 million, nearly twice what they paid three years ago. Did anyone see this coming . I sat down with and found out what he knew in 2010 at the rest of the world didnt. It hadnt been properly developed. I dont know that we knew anything more than the average fan, i was a fan for 20 some odd years and i thought there was a tremendous opportunity if someone were to really pay attention. When you bought the franchise, concorde was ok, but now you have almost double the waiting list for season tickets. Winning helps, but it can explain a
Hello, im rick horrow and welcome to sportfolio, bloombergs weekly inside look at the business of sports. In july of 2010, hollywood producer peter guber and his partner bought the Golden State Warriors for 450 million. It was the highest price ever paid for an nba franchise. Since then, they have gone from perennial losers to bona fide championship contenders. The franchise has recently been revalued at 800 million, nearly twice what they paid three years ago. Did anyone see this coming . I sat down with and found out what he knew in 2010 at the rest of the world didnt. It hadnt been properly developed. I dont know that we knew anything more than the average fan, i was a fan for 20 some odd years and i thought there was a tremendous opportunity if someone were to really pay attention. When you bought the franchise, concorde was ok, but now you have almost double the waiting list for season tickets. Winning helps, but it can explain all of that. We have done something that you are doin