Topics: Investing, Business, Entrepreneurship
**Andre Iguodala** (0:00)
Africa is one of the few, it's a continent broken up, but it's really, we look at it as a country, us as African Americans. Like, I think of Africa, I don't think of it as countries, I think of it as a bunch of states, but it should be a country. We're gonna talk about group economics. Imagine if Africa had one currency. But just understanding that, the complexities of Africa, even Nigeria, 270 million people, the oil comes from there.
I had a great understanding of Nigeria when I went 2019, the oil that comes from Africa, but they have no refineries. They export their oil and then they buy back gas because they don't have refineries. They can build the infrastructure with their wealth. That let me know everything I needed to know in terms of, oh, I know exactly what's going on.
**SPEAKER_2** (0:45)
Oh, there we go. Yep, yep.
**Ian Dunlap** (0:46)
Yes, yes, yes.
**SPEAKER_2** (0:47)
You guys chose the music?
**Evan Turner** (0:49)
I didn't ask you.
**Ian Dunlap** (0:53)
So first and foremost, we want to thank Wharton for having us. This is something that we definitely don't take lightly. It's been a tremendous journey for us and this is another milestone that we get to check off the bucket list. So this is going to be fun to do with these guys. We've been talking for the last hour, so this is going to be a definitely fun conversation for sure. But before we want to start, just wanted to say thank you, really appreciate it.
All right, so let's get into it. You guys want to say anything before we start?
**Andre Iguodala** (1:22)
I mean, I'm just in the presence of greatness. So, yes, so no.
**SPEAKER_2** (1:29)
Thank you all, that's all.
**Andre Iguodala** (1:30)
Just thank you all for allowing us to be here. We want to have a great conversation. Hopefully, you take something from this. But most importantly, I know we say this a lot and it sounds cliche, but let's all connect. Let's find a way for us to build.
You know, I have a lot going on and there will always be a record.
**SPEAKER_2** (1:53)
I'm not sure if you know this.
**Andre Iguodala** (1:54)
There are some job openings. That's all I'm trying to say.
Without saying, I'm going to fire people.
**SPEAKER_2** (2:01)
Clap it up for job openings.
**Evan Turner** (2:02)
It's like Oprah. You got a new Oprah.
**SPEAKER_2** (2:04)
You got a job. They got a job.
**Evan Turner** (2:06)
The whole world. I love that.
**SPEAKER_2** (2:08)
Shout out to the cadets. They got a job.
**Ian Dunlap** (2:14)
For sure. There's a lot of cadets in here. I didn't know where I was at. Getting ready for war.
Hopefully not.
**SPEAKER_2** (2:25)
Perhaps not, maybe.
**Andre Iguodala** (2:27)
Hopefully not.
**Ian Dunlap** (2:29)
Let's get into it. I know we're going to ask each other questions, but I want to ask you guys a question. How did this partnership come together? You guys obviously played in the league, and that's a brotherhood, but now you have a different brotherhood in business, and in new age media communication, so how did this partnership come together with you guys?
**Andre Iguodala** (2:52)
Well, I mean, he's a great storyteller in terms of how we actually met, and so I'll do Tarantino style, and I'll go later and then he'll go back in time. But essentially, with the media part, we have such similar viewpoints of the world and the things we see, but I think we speak to it differently. I think it's communicated to the masses. I have the folks that I can speak to, and then he has the folks that he can speak to, and we feel like we can cover a lot of ground. But what we were seeing is just only your own IP, and understanding the power behind it. Growing up, I think all we had was Bob Johnson and BET. There's been a lot of conversation behind that in terms of, Jay-Z is doing it now, we're building up our own properties.
We're talking about Rihanna and Fenty outside. We're talking about a lot of NBA athletes with underwear lines. We're talking about the skims deal with the NBA.
I've had a lot of conversation. We can talk about this later in terms of what do we do with those properties once we build them up because there's a lot of, the feedback can be negative sometimes if we sell it. But then I also heard, isn't that the purpose to IPO?
I think you've done an incredible job of enlightening your listeners, which is our community, in terms of participating in public companies. Yes, we should go out and reap the fruits of our labor in terms of what we're building. But when we do go public, like our people can participate and that's how you sell it. There's not that negative connotation from behind it, coming from that. With us too, we have conversations like this all the time. That's why we chose to go out and as I have a deal with ESPN and ET's had deals that he's done in the media space. So we can use those platforms to leverage, to raise our profile. But then we have our own property that we can go out and we can try to scale and go deeper into our conversations and to our listeners and give them some insights on our minds and how we got to where we are, having success, not just on the court, but off the court.
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