Bloomberg Originals
Search documents
How Magic Johnson Went From NBA Legend to Billionaire | The Deal
Bloomberg Originals· 2025-06-11 22:00
Partnerships & Mentorship - Valuing partnerships and demanding excellence are key principles [2] - Mentorship plays a crucial role in business success, exemplified by the relationship between Magic Johnson and Alex Rodriguez [7][8][9] - Choosing partners who can expand one's knowledge and provide mentorship is essential [25] Deal Making & Investment Strategies - Movement to ownership is a significant aspect of Magic Johnson's deal-making [10] - The Starbucks deal was seminal, providing a stamp of approval and track record for future ventures [15][20][21] - Securing institutional capital, such as $50 million from CalPERS, is vital for sustainability and growth, requiring demonstration of over-delivery and profitability [21][22] - Focusing on urban America can be a profitable business strategy [18][20] - Larger deals are more efficient in terms of time investment, as advised by Ron Burkle [45] - Gut feeling is important in deal-making, alongside data analysis [43] Sports Ownership & Team Management - The Washington Commanders deal is considered the greatest deal, highlighting the importance of local ownership and a winning environment [11][13][33] - Having a 3-5 year plan, strong player relationships, and accountability are crucial for franchise success [30][31][32] - Changing the environment and addressing player concerns are important steps in improving a team [34] - Athlete-turned-owners can connect with players on a different level due to shared experiences and respect [39][41] Personal Growth & Impact - Giving back and making an impact are as important as making money [53]
How Magic Johnson Chooses His Business Partners
Bloomberg Originals· 2025-06-11 16:01
Partnership Selection - Prioritizing partners who can provide valuable learning opportunities and contribute to business knowledge expansion is crucial [1] - Recognizing personal knowledge gaps and seeking guidance from experienced business professionals is essential for athletes transitioning into business [2] - Mentorship from business men and women who are willing to support growth is vital for personal and professional development [3] Personal Growth - Learning from diverse individuals, both men and women, within involved teams fosters personal growth [3] - Active participation and having a meaningful voice within partnerships are important [1]
AI's Most Promising Alien Hunters
Bloomberg Originals· 2025-06-10 08:01
Project Overview - The Galileo Project is a scientific endeavor aimed at exploring the possibility of extraterrestrial life, distinct from government investigations driven by national security concerns [5][30] - The project utilizes artificial intelligence to scan the sky for UAP, sharing all findings openly [1] - The project has established the first Galileo observatory, testing instruments with plans for hundreds of copies in multiple locations [7] Technology and Methodology - The project employs a network of cameras and specialized sensors recording the entire sky 24/7 [7] - AI software is built from scratch to filter out known objects and identify anomalies [8] - Instrumentation monitors the entire electromagnetic spectrum, focusing on objects within the atmosphere [18] - Over five months, approximately half a million objects were collected and reconstructed with a 95% confidence level [24] UAP and National Security - The US government released a report confirming over 140 sightings of unidentified aerial phenomena in 2021 [3] - Congress has elevated UAP to a top national security concern, with sightings being routine but under-reported [26] - The US Department of Defense announced the Gremlin Project, similar to The Galileo Project but closed source [28] Scientific and Academic Perspective - The Galileo Project seeks to bring scientific rigor to UAP research, challenging the stigma and promoting open investigation [14][25] - The project is open source, publishing all findings in peer-reviewed papers [29][30]
Bullish With Sonali Basak Trailer | Premieres June 17
Bloomberg Originals· 2025-06-07 07:00
Market Overview - The capitalist system is considered the best system [1] - Wall Street is evolving from a physical location to a broader concept [2] Financial Activity - Citigroup handles $4 trillion daily [1] Sentiment Analysis - Optimism is prevalent [2] - Training in probability and nuanced thinking is beneficial [2]
Susie Wolff's 30-Second Business Pitch
Bloomberg Originals· 2025-06-06 07:01
Value Proposition to Potential Partner - F1 Academy is a young initiative in its second season with significant global impact on motorsport [1] - Offers a brand visibility opportunity at F1 Grand Prix weekends, associating with positive change in the sport [2] - F1 Academy has strong broadcasters and growing audiences [2] Target Audience - Reaching a younger audience, aligning with Formula 1's evolving demographic [3] - Approximately 70% of the audience is female, exceeding the female representation in Formula 1 [3] - Attracting a new audience not traditionally engaged in motorsport [4]
Inside Nintendo’s High-Stakes Bet on the Switch 2
Bloomberg Originals· 2025-06-05 23:00
Company Strategy - Nintendo's success with the Switch since 2017 has significantly boosted its share price [1] - The company is making a substantial investment in its new hardware release, the Switch 2, after eight years [1] - The Switch 2 is designed to be compatible with existing Switch games [1] Market Analysis - The estimated price of $450 for the Switch 2 positions it at the higher end of market expectations [1] - Potential trade war impacts could force Nintendo to increase the price of the Switch 2, potentially deterring consumers [1] Potential Risks - External threats, possibly referring to economic or political factors, could impact the success of the Switch 2 [1]
Susie Wolff: From the Racetrack to the Business Side
Bloomberg Originals· 2025-06-05 07:00
Turnaround Strategy - Prioritizing talent acquisition by recruiting top performers from other teams, leveraging their expertise and experience [1] - Cultivating a winning culture by integrating individuals with a proven track record of success [2] - Setting achievable goals to foster trust and build momentum within the team [3] Financial Performance - Achieving profitability within three years through strategic partnerships and improved performance [3] - Securing a new title partner, leading to the acquisition of more commercial partners [3] Performance Improvement - Experiencing a shift in energy following the first race win of the season [2] - Building momentum gradually, leading to contention for the world championship within three years [3]
Bill Gates Gets Real About AI
Bloomberg Originals· 2025-06-05 05:07
AI Development & Impact - AI's potential perils may outweigh its promises, requiring careful shaping and orientation [1] - AI was surprisingly not a significant issue in the last election [1] - AI is a profound change agent with broad implications [2] - AI's usage involves choices beyond just technologists [2] - AI will reshape learning and the job market [2] - AI presents challenges akin to nuclear energy and weapons [2]
Microsoft’s 50-Year Rise With Gates, Ballmer and Nadella | The Circuit with Emily Chang
Bloomberg Originals· 2025-06-05 03:01
- Be honest. Do you still get excited when you hear the Window startup sound? - It reminds me of a magic time. This feels like you know, without it, there is no day that you could start - Microsoft: an indispensable and inescapable force for 50 years. The company invented the software industry and changed the world as we know it. Transforming personal computing from a nerdy curiosity into a global necessity. - I'll cheat a little bit. With three CEOs spanning five decades, each leader marked a distinct chap ...
What It Takes to Be a Top F1 Driver
Bloomberg Originals· 2025-06-04 07:00
Key Attributes of a Successful Driver - Early exposure to racing helps develop the necessary skills and reflexes [1] - Exceptional hand-eye coordination, balance, and peripheral vision are crucial [2] - The ability to understand and react to the race dynamics on the track is essential [2] Performance Optimization - Drivers must push the car to its absolute limit to achieve the best lap times [2] - Finding the "sweet spot" at the car's limit is key to maximizing performance [2] - Achieving pole position requires pushing the car to the very edge of its capabilities [2]