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Neil Freiman

πŸ‘€ Speaker
8739 total appearances
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Podcast Appearances

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Basketball, 36 million.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Tennis, 27 million.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Golf, 48 million.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

So all of these other sports that we think are really popular, actually bowling crushes them.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

What's your top score?

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

I would like to have you on my team.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Okay, welcome to Winners of the Weekend, the segment where Toby and I pick two things that opened up the beach house for the season.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

I won the pre-show bowling league, so I get to go first.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

My winner is anyone who shouts Go Blue at the top of their lungs on Saturdays in the fall.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

The University of Michigan has hit the jackpot by being revealed as one of the earliest investors into OpenAI.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

And we only know this because of the Elon Musk for Sam Altman trial underway in the Bay Area.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

As part of that trial, documents were released showing that investors running Michigan's endowments invested $20 million into a very early fundraising round in OpenAI, well before most people have heard of the small AI lab and Microsoft plowing billions into it beginning this year.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

in 2019.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Speaking of billions, that's how much the University of Michigan stands to benefit from its prescient bet on OpenAI.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

With the company now valued at over $850 billion, the endowment expects to earn $2 billion on its investment, which would be a tidy 9,900% return.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

There are implications beyond a stronger balance sheet and bragging rights over Ohio State.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Many sports fans were quick to point out that because of its open AI windfall, Michigan could now have the upper hand in the NIL market.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Because remember, colleges pay their top players now and Michigan is rolling in the dough.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Not to mention they just won the men's college basketball championship.

Morning Brew Daily
Chip Stocks Are Skyrocketing & Lucky Strike Bowling a Monopoly?

Toby, it appears I went to the wrong U of M.