John Zito
๐ค SpeakerAppearances Over Time
Podcast Appearances
Because if you do that, you're going to probably design a pretty good product and a pretty good investment process.
And the clients, again, the clients see through this stuff.
They either feel the authenticity of whether or not you care or not, or whether or not you're interested in that or not in the product that you design, they know.
they'll know do you think there's a future for apollo in sports financing teams doing anything like that in a world where let's go ai abundance and let's go seven night a week the ari we just backed ari and his the miami open in madrid open and hopefully the some other events their thesis is the events business went from two nights a week to work from home turned it into three or four nights a week then you go ai abundance it's a seven night a week business
People will be enjoying a GDP that's five to 10 X, and we're all just getting serviced by robots.
Let's go there.
AI abundance.
And if we do that, the events business is pretty cool.
What happens in asset categories that go up in value really quickly, take sports teams, for example, when they go up so fast, but it's not so much cashflow, it's more enterprise.
There's not a ton of lending.
So there's this huge gap in specialty finance.
And so I think you could see us lending against teams more actively, not so much buying teams, but I could see us doing more things like we did with Ari, where we provide financing and own a little bit of, and we back them through some sort of hybrid instrument.
Yeah.
I think everyone realizes the world's changing pretty quick.
And if not, the thing they're going to realize, it's just changing fast.
It feels like it's changing faster than any of us can even accept.
And the people who are closer to it even say, we can't even predict this stuff.
So just a willingness to try new things, an openness, a flexibility around that.
I prefer Gumby.
We want people who are willing...