🇺🇸 United States Episodes

Ben and David continue Acquired’s “tech and sports” mini-series with Disney’s 2016 acquisition of a minority stake (with the right to purchase a majority stake at a later date) in BAMTech, the internet streaming company originally founded as part of Major League Baseball in the early 2000’s. However the importance of this story goes deeper than just sports, with major ramifications for nearly every major technology company from Amazon to YouTube. Even if you’re not not sure if baseball’s played on a diamond or a gridiron, tune in as we swing for the fences in predicting the future of TV! Sponsors:Rippling: https://bit.ly/acquiredripplingStatsig: https://bit.ly/acquiredstatsig25Odd Lots: https://bit.ly/acquiredoddlotsServiceNow: https://bit.ly/acquiredsnMore Acquired!Get email updates with hints on next episode and follow-ups from recent episodesJoin the SlackSubscribe to ACQ2Merch Store!© Copyright 2015-2025 ACQ, LLCTopics covered include: What is BAMTech, and why is it, according to The Verge, "the future of television”?BAMTech’s origins as part of Major League Baseball's Advanced Media division ("MLBAM)”)MLBAM’s founding CEO Bob Bowman’s decidedly “non-tech” background, and growth into one of the most important tech leaders of the past 15 yearsInitial technology struggles and learnings from early streaming efforts (including a botched audio package of Ichiro Suzuki’s games with the Mariners for fans in Japan)Landing on a streaming model that works with the launch of MLB.tv in 2002/2003—three years before YouTube is founded! Improvement of the MLB.tv service and MLBAM’s streaming expertise over the next ten years through the rise of mobile, and simultaneous  growth of MLBAM’s revenues to over $1B annuallyMLBAM’s initial deals to expand its streaming services beyond baseball, starting with ESPN in 2010, then WWE, the PGA,  HBO and  the NHLThe importance of media rights, and MLBAM’s transition from a simple tech/infrastructure provider to  a full-fledged media company The decision to initiate a spin-off process for BAMTech from MLB in August 2015, and Disney’s $1B investment into the newly created spin-out company in August 2016Disney’s subsequent announcement that they’ll be  working with BAMTech to create a direct-to-consumer ESPN streaming serviceBAMTech’s  $300M deal with Riot Games in December 2016 for the media rights to League of Legends eSports content Bob Bowman’s announcement in February 2017 that he’ll be stepping back to from a day to day role, and  hiring of former Amazon VP of Video Michael Paull as BAMTech’s new CEO  Followups & Hot Takes:  Facebook’s struggles with Instant Articles Microsoft killing Wunderlist (David is VERY sad) Instagram continues its torrid growth, passes 700M MAU Amazon’s new Look  The Cloudera IPOConfirmation the ride sharing wars are far from over:  Didi raises $5.5B in the largest private funding round ever  The Carve Out: Ben: NYT’s 4th Down BotDavid: Wait But Why on Elon Musk’s “Wizard Hat"

Think you've raised enough money for your startup? Think again. You have to run through a minefield of unexpected expenses as an entrepreneur. And you never know where the big opportunity will come from — or if you'll need to make an unexpected, expensive pivot to stay afloat. So always, always raise more money than you think you need. Mariam Naficy shares her white-knuckle experiences founding startups that survived two financial crashes — the online cosmetic company Eve.com in the dotcom-boom ’90s, and founder and the design marketplace Minted.com today. Cameo appearances: Selina Tobaccowala (Evite, Gixo), Daniel Kahneman (Nobel-winning psychologist), Brian Chesky (Airbnb), and Amos Kedmey (Wine and Cheese Place).Read a transcript of this interview at: https://mastersofscale.com/mariam-naficy-the-money-episode/Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mick West is a game programmer, writer, and debunker. Currently runs a few websites including http://MetaBunk.org and http://ContrailScience.com Round Earth Shill T-Shirt - http://www.youngjamie.com/shop/reshill Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week’s guest is Will Thorndike, an author and investor whose book The Outsiders is an all-time favorite of mine. Our conversation is in two parts. First, we dive deep into the lessons of his 8-year research project studying CEOs who were master capital allocators. These CEOs include Henry Singleton, John Malone, Tom Murphy, Katherine Graham, and Warren Buffett. We discuss how these CEOs tended to be contrarians on topics like dividends, buybacks, acquisitions, and the use of debt. As we go through each of the tools in the capital allocators toolkit, you’ll hear several useful lessons for running or evaluating a business. In the second part, we cover Will’s career in private equity. Will founded and continues to run Housatonic Partners, investing in buyouts, recaps, and search funds. Will has been one of the most active search fund investors for decades, and given how much time I’ve spent in past episodes on the searchers or operators in the micro-cap, permanent equity space, it was great to get the perspective of an experienced LP. As always, we also take time to survey the dangers and opportunities in today’s private equity market. For comprehensive show notes on this episode go to http://investorfieldguide.com/thorndike For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

How can humans be so compassionate and altruistic -- and also so brutal and violent? To understand why we do what we do, neuroscientist Robert Sapolsky looks at extreme context, examining actions on timescales from seconds to millions of years before they occurred. In this fascinating talk, he shares his cutting edge research into the biology that drives our worst and best behaviors. Hosted on Acast. See acast.com/privacy for more information.

Cameron Hanes is a bowhunting athlete, “training intensively each and every day to become the Ultimate Predator.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jordan Peterson is a clinical psychologist and tenured professor of psychology at the University of Toronto. All Dr. Peterson's self-improvement writing programs at www.selfauthoring.com 20% off for Rogan listeners until June: code joerogan Dr. Peterson's YouTube channel: https://www.youtube.com/user/JordanPetersonVideos Support Dr. Peterson's work at www.patreon.com/jordanbpeterson Learn more about your ad choices. Visit podcastchoices.com/adchoices

Guy Ritchie is a writer, director and producer. His latest film "King Arthur: Legend of the Sword" releases on May 12, 2017. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wharton professor David Robertson discusses a "third way" to innovate besides disruptive and sustaining innovations. He outlines this approach through the examples of companies including LEGO, GoPro, Victoria's Secret, USAA, and CarMax. It consists of creating a family of complementary innovations around a product or service, all of which work as a system to carry out a single strategy. Robertson's the author of "The Power of Little Ideas: A Low-Risk, High-Reward Approach to Innovation."

Al Madrigal is a comedian and actor. He was a regular correspondent on The Daily Show with Jon Stewart and is a co-founder of the All Things Comedy podcast network, alongside Bill Burr. His new special "Shrimpin' Ain't Easy" premieres on Showtime on May 5 at 9pm Family Friendly. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you want your company to truly scale, you first have to do things that don't scale. Handcraft the core experience. Get your hands dirty. Serve your customers one-by-one. And don't stop until you know exactly what they want. That's what Brian Chesky did. As CEO of Airbnb, Brian’s early work was more akin to a traveling salesman. He takes us back to his lean years – when he went door-to-door, meeting Airbnb hosts in person – and shares the imaginative route to crafting what he calls an "11-star experience.”Read Paul Graham: "In order to scale, you have to do things that don't scale."Read a transcript of this episode: https://mastersofscale.comSubscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Justin Brown is a biologist who leads coyote field research for Santa Monica Mountains National Recreation Area Family Friendly Learn more about your ad choices. Visit podcastchoices.com/adchoices

This coming weekend is the annual Berkshire Hathaway shareholder meeting in Omaha. That means this week is the perfect opportunity to discuss a topic which will likely figure prominently at Berkshire this weekend: Ted Seides’s famous bet with Buffett. Ted and I discuss the origins of the bet, the nuances beneath the headlines, and whether he’d make the bet again for the next ten years. Along the way, we cover many hot topics like hedge funds, alternatives, fees, and indexing. Please enjoy! For comprehensive show notes on this episode go to http://investorfieldguide.com/bet For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag

Shirley Manson is singer, songwriter, musician and actress from Edinburgh, Scotland. She is the lead singer of the alternative rock band Garbage. This summer Garbage will be touring North America on the "Rage And Rapture Tour" with co-headliners Blondie. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s the end of the beginning — not the beginning of the end — for wearables, argue the guests in this episode of the a16z Podcast. Especially as we move from the first, to the next, generation of wearable devices: not just activity trackers and watc...

Elon Musk discusses his new project digging tunnels under LA, the latest from Tesla and SpaceX and his motivation for building a future on Mars in conversation with TED's Head Curator, Chris Anderson. Hosted on Acast. See acast.com/privacy for more information.

The first thing that comes to mind when treating health problems is the need to take a pill (or other pharmaceutical) of some kind. But could a digital therapeutic -- a software-based intervention -- not only complement, but possibly even replace pil...

Facebook COO Sheryl Sandberg talks about returning to work after her husband’s death, and Wharton management and psychology professor Adam Grant discusses what the research says about resilience. In this joint interview, they talk about how to build resilience in yourself, your team, and your organization. They’re the authors of the new book, "Option B: Facing Adversity, Building Resilience, and Finding Joy."

Thaddeus Russell is an author of A Renegade History of The United States. He is currently visiting faculty at Willamette University and the founder of Renegade University. Check out his new podcast called Unregistered on Spotify. Family Friendly. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dan Doty is a writer, director, producer, educator, and founder of Evryman.co and the Everyman Podcast available on Spotify. https://www.evryman.co/ Learn more about your ad choices. Visit podcastchoices.com/adchoices