Joshua Kushner

Um, that is a, or the basically the exact same position that he has held with the Miami Heat for a couple of decades now.

There is an obvious link to Joshua Kushner, right? Because Kushner was a, uh, minority owner with the Miami Heat that he will have to divest from, obviously.

Um, or not, you know, based on people close to the Kushners not necessarily divesting when they should.

But, um, but like the, uh, the, the Amsler one we had kinda known about.

Mark Cassidy, XLPL's CEO, his VC firm, Vestigo Ventures has also participated.

Thrive is the Joshua Kushner thing, the thing that tried to ruin football.

Is that right? Okay, cool, cool, cool.

Yeah.

So the idea that he would leave them to join the Lakers, A, I, we can get into what we think motivated Amsler, um, insofar as the opportunity in front of him and stuff like that, or what it, what it could mean.

I also think it is not a coincidence that Josh Kushner, who had been a Miami Heat minority owner, um, this feels very much like a Eger-Kushner era hire, not just because it wouldn't be a Mark Walter and, you know, the exiting front office, but also Miami Heat exec, Mia- former Miami Heat minority owner.

This does not feel like a coincidence to me at all.

Yeah.

Because clearly they understood something with Kendrick Nunn and Gabe Vincent that the Lakers never figured out.

And as far as the Heat culture thing, it's, it's interesting.

Like, again, I suspect, and I could be wrong, and I'm sure ultimately we're gonna find out, that Josh Kushner being the new expected controlling owner of this organization coming over as a minority owner, you know, with not an insignificant stake with the Heat, poaching a Heat guy is not a coincidence.

And whether that means Kushner was specifically impressed with Amsler himself or is looking to possibly replicate elements of the Miami Heat that he observed and respected, um, and wants to try to make them as transferable, I think it remains to be seen.

He's been under pressure since being forced to abandon a plan to seek private investors in a company that would run FIFA's tournaments, including the World Cup.

One of those investors was Josh Kushner, the brother of Trump's son-in-law, Jared Kushner.

A number of European soccer associations had already withdrawn backing for Infantino.

Frank Lanza, Fox News.

And I think there's really two parts of this.

One that I've seen specifically that has become paramount over the last few years is something that Ari Emanuel has been discussing, which is, he calls it the anti-AI thesis, which is essentially just a bet on top of AI, in my opinion, and part of the reason why Josh Kushner bought the Lakers.

If you think about all the best investments over the last few years, all of these guys have been investing heavily in AI, artificial intelligence, whether that is the models like OpenAI, Anthropic, whatever, or it's data centers, energy providers, memory, whatever it might be.

But what they're seeing is they're envisioning a world where AI basically becomes so relevant and so productive that it frees up all of this leisure time specifically for high-income skilled workers, right? So people that are making six figures a year, they now all of a sudden have more free time.

Well, not to mention also the desire to buy more of these things.

And, you know, as you're saying that these experiential kind of products and services become more valuable in this AI enhanced world that we live in.

This is from the letter that Josh Kushner sent to the partners over at Thrive saying, quote, in a world of abundant intelligence, certain scarce human experiences are may matter more.

In a world of fragmented distribution, trusted institutions may matter more.

You have new ownership.

Bob Iger, Josh Kushner are there now.

They wanna go ahead and move forward, but instead now this, this lawsuit, this civil rivalry, this civil, th- this, uh, you know, this sibling bickering is now going to be delayed in the court for like a couple of months.

I think they, they, they just reported that, uh, I think she got a, a court hearing, whether it's next month or the, or the month after that.

So is that deal to have her remain as governor still ironclad with the new ownership, or does it get null and voided? That's what everybody has to know.

We have to find that out.

Because if it's null and voided, then J- then, then Josh Kushner and, and Bob Iger just need to move the fuck on.

Tell her to go hit the goddamn road.

Yeah, I think that can take a lot of different shapes.

I mean, you see like, like, you know, Josh Kushner buying the Lakers and him saying like the reason he did that is that's an experiential sort of you know, thing that's going to be real durable in a world where, you know, we may have robots working in our.

Yeah,

seriously.

I'm a big sports fan.

What I found interesting about it was that NVIDIA spent $12.9 billion, which is the same amount of money that Josh Kushner and Bob Iger spent to buy the Los Angeles Lakers.

Maybe they should have bought the Lakers.

I don't