Magic Johnson pioneered getting athletes into Silicon Valley equity deals
“you being in there, being an executive, being a deal maker yourself, and then bringing in so many different artists and athletes Absolutely.”
you being in there, being an executive, being a deal maker yourself, and then bringing in so many different artists and athletes Absolutely. Who now can say they're businessmen or businesswomen
because of you. Well, I might have played a big part on the investment side in terms of getting people into Silicon Valley and getting them in in understanding the benefits of equity versus endorsements. But you were the one that actually pioneered, you know, getting into business itself. And a funny story that actually inspired me, and I think that we have one tie in from the very beginning, and that's actually
About this clip
Magic Johnson and his guest discuss how Johnson revolutionized athlete investing by introducing stars to Silicon Valley equity opportunities instead of traditional endorsement deals. They explore how this shift helped create a new generation of athlete-businesspeople who understand the long-term value of ownership over short-term endorsement payments.
Why this clip
This clip reveals the strategic shift that transformed how athletes approach business opportunities and wealth building.
What they said next
Magic Johnson pioneered athlete entrepreneurship before it was cool
35:29 - 33s · market insight
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