PBD Podcast TikTok CEO EXPOSED In Congress | Ep. 251 | Part 1
Mar 28, 2023
In this discussion, Adam Sosnick weighs in on TikTok's CEO facing tough questions in Congress about data privacy and foreign ownership. They also dive into Michael Jordan's decision to sell the Hornets, comparing his legacy as a player to that as an owner. The conversation touches on the challenges of modern work dynamics, including the decline of remote work and the societal impact of overachievers versus underachievers. The duo calls for a reevaluation of work ethics and aspirations in today's economy.
AI Snips
Chapters
Transcript
Episode notes
MJ Sells Hornets
- Michael Jordan is selling his majority stake in the Charlotte Hornets for $1.7 billion after buying it for $275 million.
- His tenure as owner saw only two playoff berths and no second-round appearances.
MJ's Ownership Struggles
- Despite being the greatest NBA player, Michael Jordan's ownership of the Hornets has been disappointing.
- The team's performance has been consistently poor, raising questions about his ownership abilities.
NBA Investment
- Patrick Bet-David suggests that investing $1.7 billion elsewhere would yield better returns than owning an NBA team.
- He criticizes the NBA as a poor product due to the frequent absence of star players in regular season games.