Adam Silver Is the Winner in the Battle for the NBA’s Rights Future
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Adam Silver Is the Winner in the Battle for the NBA’s Rights Future
The year before John Paulson decided, in the spring of 2009, to give investors in his hedge funds the option of having their returns measured and paid in gold, he had made a fortune for himself and his clients by betting on the value of America's housing markets and banks. Now he was betting that an even more basic product than housing — money itse
... See moreMichael Green • In Gold We Trust? The Future of Money in an Age of Uncertainty (Kindle Single)
On the one hand, the current market price implied that Sam’s Solana stash was worth maybe $12 billion; on the other hand, Sam owned roughly 10 percent of all the Solana in the world. It was hard to know what anyone would pay for it if Sam tried to sell it all. Forbes pretty much just ignored Sam’s Solana holdings, along with most of the rest of the
... See moreMichael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
This model isn't only creating a loyal audience but making money. Barstool Sports' annual revenue in 2019 was between $90M - $100M (Barstool Sports was purchased by Penn Gaming for $450MM in 2020). A majority of the revenue came from podcasts, merchandising, and gambling. Yes, some of their revenue is ad-supported, but it's a unique model. Advertis... See more