Chapter
Lessons from Failed Ventures in Sports and E-Sports
35:04 - 39:08 (04:03)
The podcast host shares a story of an investor who lost $70 million on an NFL competitor called the AAF that never even had its first game. He then discusses the importance of having a visionary leader like Dana White who made the UFC successful after investing millions of dollars into it.
Clips
The AAF, an NFL competitor in which an individual invested $70 million, failed to have its first game, whereas the UFC had the Fertitta brothers and Dana White invest money into it and promote it, ultimately becoming successful.
35:04 - 39:08 (04:03)
Sports
Summary
The AAF, an NFL competitor in which an individual invested $70 million, failed to have its first game, whereas the UFC had the Fertitta brothers and Dana White invest money into it and promote it, ultimately becoming successful.