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Earvin "Magic" Johnson and a16z's Chris Lyons sat down for a conversation on Magic's 30 year journey from athlete to billionaire businessman, including what Magic learned from Michael Ovitz, Magic's investments in Silicon Valley and sports, why athletes should take equity over endorsements, and more.
00:00 Introduction
05:09 How Michael Ovitz became Magic's first business mentor
07:42 The art of deal making and building a Rolodex
17:30 Magic's first Silicon Valley investment: Skydio
27:00 Building a team: Get people smarter than you
29:48 The one that got away: Nike stock in 1979
37:36 Why AI is changing everything
44:36 Sports ownership: Dodgers, Commanders, Sparks, and LAFC
@MagicJohnson @ChrisLyons
Someone will create the "AI agent Olympics"
AI agents compete against each other in different "sports" aka tasks on the internet.
10M+ people will watch
Polymarket or Kalshi or Draftkings will be involved
May the best Clawdbot win.