Bloomberg Power Players Summit Part 2

He's founded several companies. You're a busy guy. I've been busy. How do you what well, you know, you're listening to us and there's just so much going on UM today. When you think about geopolitical events, how do how do you think about it? And how do you think about it? Because you are an investor, I'm I'm assuming you watch

the financial markets for sure. I think, uh, you know, like if you pay attention to the world, the rhythm of the world, the trends of the world, I think that you know, as an investor, you can always pretty much tell when history is going to repeat it so right, and so you know, I would say for an is like studying history, understanding you know, what's happening from a global perspective, who's being affected and how that works all the way down the pipeline to like someone like me

or us right just living citizens, um you know, uh in in the United States. And so for me, I'm I pay attention to you know, our our our thought leaders, right, our presidents, and and our global leaders, because they should be the ones, right who who should align and be able to fix the problems right or help kind of

cure and solve problems. But I think that you know where we are today with Bloomberg, and you know, just events like these, we have to also do our job from you know, the bottom up right, and you know, a lot of the economic problems we're facing, a lot of the hardships. I think it's it's more community oriented and figuring out how to you know, contribute these macro finances, you know, to these micro financial businesses that can sustain.

So with that being said, where are you seeing opportunities right now in the market. A lot of opportunities I'm starting to see in the health obviously in the healthcare space, health tech is is hued. I think financial education, financial literacy, so fintech. And then you know a space that I'm super passionate about is this whole new Web three gaming,

you know, n f T market. Let's define Web three for our audience because we have Web one, which is the traditional sort of you know, uh, processing of information and seeing something like a newspaper online. Web two traditionally referred to as Facebook, social media, Instagram, smartphones. And then here we are with reb Web three where we talked about the immersive experience. Yeah, and I think the immersive experiences like once again, like every time we go through

an iteration is like core cutting. And I think that you know, Web two was really about you know, your information being trust you trust your information for someone to give you in information, right, And so that was the

case with Facebook until it all went wrong. Right, And so now this whole Web three approaches, how can we create communities around the same thoughts right where we can actually have a decentralized approach, meaning a community voting approach to say, hey, we support this, we support these initiatives

and these values. And now the data is coming off of Web two, right, and now Web three is saying you should own your own data, and then you should be able to license your data to a Facebook or a Snapchat or an Instagram because that that is your content. So you know, I would say, you know, Web three is really for the independent, the publisher, right uh, the artists, right the person who thought that they never had a chance to you know, get their artwork scene or or

get their talent seing. And this is this communal approach of developed web developers, right uh, community managers, marketing and social media managers, UM, studio production, VR, visual effects, things like that that people are coming together, you know, in the thousands and saying, hey, we love this project. We all want to be a part of it. And the incentives are really like about the artists. And so I think this next wave of you know, economics is really

going to penetrate to Web three. When you think about you know, health insurance and you think about privacy, you know, you think about being able to create a system of micro payments where you know, the bottom can benefit just as well as the top. And so that's where I'm most excited about. Are there companies in particular that you've put some money towards our some investments in that you that kind of play to that, Yeah, you know, we have a partnership with Immutable UM, you know in the

mutables chain, agnostic and marketplaces and protocols UM. So we we have a partnership for m t U, which is our adventure studio. And Web three UM we made an investment and uh and and and companies before like Web two companies that can now have the opportunity to migrate over so UM a fantasy app called Sleeper right which already made gift emojis and had you know this community community interaction of like day to day UM communication from

a fantasy team. And so now I think they have the ability to kind of transfer into you know, this whole Web three n f T space. Well, let's talk about the n f T space. And you think about sports memorabilia like you talk about you know, individuals athletes like owning their own data, but also owning and really being able to monetize memorabilia like this could just explode or or should explode. No, I mean it should write uh absolutely UM, And I like right now to give

a shout out to my team more than us. We came up with a concept of being more than us, like having a collective of people and keep adding collectives of people to do collectives of projects. And I'm super excited about UM. Our project called History of the Game. And History of the Game is to decentralize the Hall of Fame, right because where you know, I always ask players, whereas the Hall of Fame, you know, it's like Springfield's

like have you been no? And you know the legends, right, I'm I'm in the green room with Bernie Kozar and Jim Brown, right, and I'm seeing legends like Spencer Haywood and basketball and George the Iceman government. Yeah, it's pretty cool. Yeah, And it's and it's like, if we can build this metaverse experience, right, whereas this never ending louver of storytelling, then those older players they get to give us the history of the game and bring us to modern age

and so you know, back to history. At the time, we're living in decades that are evolving every three years, so every three years like a decade. Well, and you know, it's funny that you say that, bar because I also do think about what you said about UM kind of ownership of the information and then financial literacy or or areas that you're investing in, and I think about this is an opportunity for athletes to actually have some financial futures when so many right get out of the game

and they're not in a good way. Yeah, and and I think there is a revolution that's happening, right if you look at this summit here, you know, with Bloomberg at the super Bowl, you look around there are a lot of athletes, a lot of athletes who have venture funds,

family office, startup companies, um. And I would say that was not happening you know at the capacity and the eighties, the nineties, even the two thousand's, and so you know, now these athletes are at these summits, right, Bloomberg is reaching out to the athletes, right and and and I think people are starting to find in their commonplace right and and for us, it's all about business inside the game.

What is the business inside the game of your industry right that you can learn from and your sport that you can translate, you know to life after your sport and you think how you got you can help other players to cut and stuff. Thank you so much, Thank you, Baron. This was awesome, Founder and CEO of Baron Davis Enterprises and of course two time NBA or Star. This past year has been a remarkable one and how we are all viewing folks going into space, it's pretty amazing professional

astronauts or Captain Kirk. It's kind of no, but I would do it. Um. But it's you know, really changing, and some say could he be even a sport? Um let's begin. Ecoed the CEO at the privately held space entertainment tourism company Zero Gravity Corporation. He is here on site with us at the Power Players summit. Welcome, Thank you so much for having me. Space tourism. It's not necessarily a to actually go out to space. So none of these, with the exception of flying up with Elon,

is going into space. I mean, so you don't buy that. You don't think the Virgin Galactic goes into space. Well, technically neither of them are or say orbital, and there's the Carmen line, which is this you know number that they say is space. But from basis goes higher than that. He goes basically to the Carmen line. Richard goes and

slightly below it. But when you wouldn't really talk about space, you're talking either suborbital which is them and really us and some others that are developing, but they have to blast off. Well you're going up on a rockets and um, but you know you've got to get out of the Earth's gravity to basically say yeah, I'm truly in space. Go wrong, you know, sorry, there's stuff that go wrong with my car, trying to get here today. All right,

to tell us about what you guys are doing. So what we're doing, we've been around for a while, is we create the experience of being in space and zero gravity where you're floating, doing somersaults, hanging in mid air, very similar to being out in orbit or on the International Space Station. And we do it via are very highly customized Bowing seven twenty seven one same size I went online. It's pretty cool. It's very cool. It's very unique. And we basically pitch up at about UM fifty degrees.

You're feeling a little under two gs. So what that means is like your body weight is sort of pulling you down. Doesn't hurt, it's just weird. And then when you get up to the top, you literally start floating off the off the mats and now you are in zero gravity and you have the exact and when we train astronauts, we have astronats on it. It's the same feeling as being on the I S. S. What's the altitude you go to? It's not a function of altitude.

It's a function of how quickly you climb and fall exactly. And again people also think it's the fall. You actually start witlessness at the top of the parabola, so by the time the plane is kind of tipped over, you already back on the mats. And then we're getting wady to do it again totally acceleration and velocity. What's the demand been for your business? Have they gone crazier too? With everybody else shooting up into space? So it was

going well for us? Is there in Kirk effect? I think exactly, Um, you know, space has become so topical, you know, And again thinks I think to really elon, you know, with the reusable rocket, and then with with Richard Branson with Virgin and then with Jeff with what he's doing with Blue Origin. These people are seeing spaces something that's in their consciousness, and we give you more time and zero gravity than they do. You just don't

get the view. You're not, you know with them, you should be you know, planted at the window looking at the Blue Earth. With us, you're basically doing somersaults and flying like Superman, and in doing these things, which are the uber coolest thing a person can do. I would also imagine a little cheaper than going on a trip on how much. So it's about two to come up with us um for about seven eight minutes of zero

gravity time. With Richard, it's about four fifty. And though they don't they don't have a price yet with Bezos, but I'm gonna guess it's about a million five And we've seen people pay upwards of tens of millions of dollars. Yeah, I think, you know. I think the most expensive was the first one, which is the I think spent twenty profitable. Um, we are, I'd like to say we're pro form or profitable. We invest a lot in the business, but we're generating

cash and growing. We're gonna take on two new planes, two more planes to build out the demands there and the demands not just there from cool experiences, but for science. So have for a business of science like what specifically, So a lot of a lot of science that's done on the plane is how do things act in microgravity or in the space, So fluid transfers, how things come together, all these things, and with the space stations being built now, the need for even more of that is there. And

we train astronauts. The last four that went up on inspiration for training with us. The next four they are going up at the end of March with Axiom and the Space station training with us. So part of that initial feeling before you get up there is coming to us that you're getting so yes. So for some of the projects we are working with NASA and some of the other things we do, we definitely get government contracts.

We've actually just got a fairly big one in a competitive environment to basically do a lot of super things. And and there's one thing I can't quite yet announce now that think is the coolest um. But the other thing we're looking to do is wait, wait, wait, wait, you could I can't. Yeah you could, but you want to go to jail um. So the really cool thing we've actually been thinking about and here we are at as a sports summit, is introducing a high gravity training program.

So basically, when you're climbing like this, you're pulling two gs and the atmosphere in the plane is similar to be like like like Tahoe, heard about them, you know, so the same environment as being in Lake Tahoe as far as you know pressure and now you've got two g's. So think of doing push ups twice your body weight at Lake Tahoe, just as an example. So instead of

doing the pair, um parable isn't giving all that. I'm just gonna go up, down, up, down and give you twenty five minutes of literally the highest intensity, coolest workout known to man. Geographic expansion with these other planes, are you staying in one area? Are you going around the count the World's the plane moves. It's in California today, it's in Miami. Next week we're in New York, which is another fit, really cool one where you take helicopters

from the city to the plane. UM Kennedy Space Center is a really cool one where we do the shuttle landing facility to take a little tour around NASAs. You know, Elon's launchpad. So and I should you know, we should do a segment on this. We should how many So in an average year, how many people are going up? So we'll do a hundred total flights this year. Fifty

of them will be consumer related fifty. I would say, I would say a thousand people on on you know, basically is it is probably a good number of consumers, but then a lot of scientists as well. But oh yeah, I mean we're gonna we have capacity. We will fill capacity for the next three two Could you get could you get costs down? Difficult? It's a really expensive business. It's just you know, we're flying airplanes. You know, it's it's just it's it's a tough business. So if we could,

we would. And it's not like volume, it's it's it's even taking another plane, same insurance, same that same that some economies. But um but again it's a it's the cost of a business class ticket to Europe to basically have the coolest thing that you can post on Instagram and even better, somebody talks about the bigger house or car they have. You show him your video like an astronaut, you say, top this, You're the coolest kid in in the block. Then, um, macco, thank you so much. We

really appreciate Zero Gravity Corporation joining us. He's the CEO of that company. A great people in a great city. Yes, well, those dulcet tones are totally Banta Caine. He's two times Super Bowl shamp former lineback, winning back to back rings with the Patriots six seasons, two seasons with the forty niners. And he's also worked with the sports platform Obsession and he is with us here the Power Players Something. How are you, I'm great, Thanks for having me. Well, it's

great to have you here. Um, you know, when you come to an event like this, there's people, you know, it's just the world of sports is just exploding on so many different levels. You know, what is it that's interesting for you right now? When you look at the game and what's interesting? I mean when I played, there was no social media. There was no Twitter, no Instagram, any of that stuff. I mean was at the tail

end of my career. So for players now just to have the that platform or so many platforms to get to engage with their fans and and to really tell their stories. I mean, that's an awesome time for sports in general. Hey, I want to talk a little bit about going from player to coach and in changing sort of the idea of of what you're doing out there on the field. Um, how do you do that? How do you make that transition and how do you how do you take what you learned as a player and

help younger people and people earlier in their careers. Uh, well, you just have to, you know, reflect on the time that when you were a kid or when you were young and and realize that you know, uh, these kids are just they're trying to get where you're at, and so you have you have to draw from that knowledge and experience. Um, and from going from player to coach.

I think it's a lot of when you listen and watch other styles of coaches, then you can kind of see what works for you or what worked for you and what didn't work for you and try to make it your own all you know what we all want to ask you. So he talked to us about playing with the Patriots and Tom Brady, Uh dream come true? I mean, uh, I still it's been over ten years now. It's just when I look back, it's hard to really

believe that that happened to me. But uh, when I was drafted to New England, Um, did you want to be there? You know? I didn't even know where it was to be honest, I didn't had no idea where New England was, what it was about. I knew they had won a Super Bowl two years prior. Um, so getting there and being able to win a Super Bowl my rookie year was like really because I never went to a bowl game in college, went to Berkeley, you know,

the powerhouse. Uh and uh. Then to win it back to back was just like, oh man, I'm on the Super Bowl every year. And then obviously playing with great guys like Tom Brady and that whole team you know, from the Mike Vrabels to the Teddy Bruce Ki's, Troy Browns. I mean, everyone that was on that team was just a special type of player because you do realize that everybody has the same experience, like the same you know what I mean, there are other players with was where

it doesn't necessarily go so well, like you know, something's magical. Yeah, I mean I was just talking to Eric Dickerson, who was like, you know, did you play? I was like, yeah, I played. He's like, whould you play? With New England always? So you want some rings and I want some rings?

Do you win some rings? No? I didn't win any rings, you know, so it's like wow, I mean this is Eric Dickerson, you know, kind of you know, and all of the fact that I want wings, and it's like, you know, there are a lot of stories where I have you know, I don't take for granted the fact that I want two of them. Um surprised by Brady's retirement at all? Uh? I mean I'm not surprised because I didn't want I wanted him to go out where

the game didn't take him out. You don't want to see him leaving the game on a stretcher, right, So the fact that he was able to do it on his own terms, Uh, it's great. But I don't count him out making a comeback. I don't. I don't know when the type of person he is, if he stays in shape, uh, and he sees an opportunity to win another one, he's gonna take it. Knowing who he is, Where would he do that? There's other teams, But there's other teams. I mean, you know, I'm sure he would.

I mean San Francisco would be Uh would be a good fit considering that was his childhood dream team. Well, it's interesting too as a player, you know, and there's this, you know, the conversations we often have at these events is players who play really well and then come and then they're done and then they're in a tough way or financially or thinking about what comes next. How do

you think about that? UM, I mean, I think it's a serious issue among a lot of players because you know, you've gotta think you're coming into a professional game at years old. You don't really have that much business acumen of business sense. So when you get into the real world, the NFL can prepare you in certain ways with you know, teamwork and working with people, but there are other things that you kind of miss by not playing or not

being in that realm. So I think a lot of players they try to get into it and it's it's can be overwhelming. Hey, we've been speaking a lot of today about the Brian Flores lawsuit and the lack of diversity in the NFL, especially at the coaching level, not to mention the ownership of team levels. Would be curious to get your thoughts on on on this and and

and where you see things right now? Well, I mean, the game is changing, uh, and the league itself is changing where you know, they're they're trying to make room for for guy minority players and coach players obviously, but the coaching realm is UH is wide open, and I think there's so many worthy candidates to get in it. So, um, where isn't it happening? Well, uh, you know, it's a it's you gotta look at the top. I mean the ownership is I would say, what, uh Caucasian or what's

the right word, Uh, European descent. So um, you know, I think when there's a time where players may come together and you know, uh crowdsource some money and and uh maybe on on on their own league, well you know, it's thinking about your background, your African American right also said it's great. But but but that's so American, like we're all got you know, the melting pot. But it's

so true, right, that's our common ground owned. But I'm just curious, you know, why we don't understand that that's the threat of America, right, And why isn't there more of that common ground in sports in the NFL and just more generally. Well, I do think it's involved. I think it's gotten better if you look back just in the history of time. But I think with everything happening now with social media, the Internet, we're seeing a change. And I think the game and what I'm actually about

to start doing myself. I'm founding a new type of league or a new type of exhibition game for NFL players. That's kind of what's happening with boxing, where you see Jake Paul and Magweather getting these big events, but we don't even know who's the the up and coming title title runner, right. So I think the same thing can happen with the NFL where you can get an exhibition type game put together, where guys can play one time in a pay per view event, and and and people

eat it up. What does that look like? Is that something that happens in the US. Does it go abroad? How is it? How is it paid for? How is it supported? Uh? Well, similar to just like the boxing realm, You've got big sponsorship money, but the pay per view itself will will I think based on the ticket price will cover it. Uh And then you look at players, you know, being able to get a percentage of that pay per view seals players get a bigger piece of it,

right exactly. So that's something I'm actually in the works of right now of putting together an event because you gotta think after the Super Bowl, there's no more football until August, God forbid you can't. I'm depressed. Can you give us names of players who have said yesterday? I can't. Unfortunately I can't. Um, but just be on the lookout for an exhibition pay per view event coming soon. It's

really smart. I mean, part of one of the conversations we've been having a lot is just athletes owning their data, being much more in control rather than a whole other infrastructure that takes advantage of it. Absolutely. I mean that's why you know you're seeing it in the boxing realm and you're seeing just the whole pay per view event UM set up is great for for this type of thing.

Bengals Rams, who are we going with? About twenty all right, Well, I'm gonna go ahead and say, uh, it's gonna go by. It's it's gonna go either way by a field goal to close. Yeah, I'm thinking yeah, I think he said Bengals. Did you say Bengals. He's let's go with the Bengals. Let's go with the Bengals. You know, I like underdogs. Let us know when you get that exhibition game together. Let's definitely I will and you check me out on the Obsession platform. They do a lot of work with

athletes and helping out youth get questions answered. Be well, tell me thank you so much. Do you take care of Everybody is happy, Super Bowl,