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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with famed tech investor Alan PatricofHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Alan Patricof, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlan Patricof talks investing in longevity and the impact of an aging populationHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Alan Patricof, Brian Sullivan, Organizations: CNBC
Change Starts at the Beginning
  + stars: | 2024-04-19 | by ( Julia Boorstin | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChange Starts at the BeginningFor too many women in poverty, it can be nearly impossible to meet even the basic needs of their children. Changemakers Kelly Sawyer Patricof and Norah Weinstein, Baby2Baby Co-CEOs, break this cycle by providing relief for impoverished families faster and more efficiently. They speak about thier important mission and how helping mothers can bring about bigger change for the future.
Persons: Changemakers Kelly Sawyer Patricof, Norah Weinstein, Baby2Baby
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is the most significant inflection point in technology, says Primetime Partners' Alan PatricofAlan Patricof, Primetime Partners co-founder and chairman, joins 'Squawk Box' to discuss the state of the tech sector, the impact of AI, whether we're in an AI bubble right now, rethinking retirement's ecosystem, and more.
Persons: Alan Patricof Alan Patricof Organizations: Partners
Team owners will meet at the annual league meeting in March to discuss private equity. The investment ownership model is favored in the NBA, MLB and NHL— but not in the NFL. So, what will a rule change mean for institutional investors and their Wall Street brokers, as well as owners and sports fans? Experts also think NFL team owners' "wealth would increase drastically," said Rotthoff— due to the considerable profits they've already made from team valuations in the past decade. Wall Street investment banks could also benefit in their role as advisors to wealthy investors and sports teams, including helping to connect buyers with sellers.
Persons: , Josh Harris, Mark Patricof, Carrie Potter, Mellody Hobson, Condoleezza Rice, Sir Lewis Hamilton, Kurt Rotthoff, Dwayne Wade, Venus Williams, Eric Thomas, Gil Fried, Rotthoff, Rob Gronkowski, Spencer Platt, Goldman Sachs, Thomson, Taylor Swift, Jamie Squire, Potter, Fried Organizations: NBA, MLB, NHL, NFL, Service, Silicon, Forbes, The, Patricof, Rice, Denver Broncos, Seton Hall, Wall, Kansas City Chiefs, West, Sport Finance, Sports, Group, Wall Street, Chiefs, Dolphins, Getty Locations: The Washington, Crestview, United States, Orlando , Florida, West Florida
Leading the way are health care, with 22%; tech, with 14%; and consumer products and financial services, tied at 10%. Kate Ryder is closing major gaps in women's and family health care with Maven. Michelle Zatlyn, co-founder and chief operating officer at Cloudflare, is giving companies AI tools to bolster cybersecurity and lower costs for vulnerable, critical infrastructure providers, including schools and local election systems. The Changemakers serve as a reminder that success is a result of leading in ways that are authentic. In the book she explored the concept of "reformers" — women working to fix broken systems.
Persons: Anat Ashkenazi, Eli Lilly, Svanika Balasubramanian, Bobbie, Laura Modi, Baby2Baby, Norah Weinstein, Kelly Sawyer Patricof, Alex Cooper, Tracee Ellis Ross, Naomi Osaka, Balasubramanian, Jessica Chang, Maayan Cohen, Kate Ryder, Maven, Monique Rodriguez, Jessica Berman, Kathy Hannun, Clara Shih, Michelle Zatlyn, Kristin Peck, Julia Boorstin Organizations: CNBC, U.S, RePurpose Global, rePurpose, Women's Soccer League, Dandelion Energy, cybersecurity Locations: Changemakers, Cloudflare
Media analysts widely expect the league to select at least three distributors for its next media rights deal after the current setup expires in 2025. Comcast's NBCUniversal could be a frontrunner for a spot in the NBA's new media deal alongside Amazon, Nispel said. NBA players could be poised to earn sky-high paydaysThe NBA's last media deal — the $24 billion contract it struck in 2014 — was nearly triple the value of its previous pact. The pressure is now on the NBA to deliver a media deal that satisfies teams, athletes, and fans. Still, Macquarie media analyst Tim Nollen is optimistic about the size of the NBA's next media rights deal.
Persons: Jessica Reif Ehrlich, disruptors, Brandon Nispel, Nispel, , Shirin Malkani, who's, Perkins, Leron Rogers, that's, Mark Patricof, Tim Nollen, Nollen, Reif Ehrlich, Ehrlich Organizations: NBA, Media, ESPN, Warner Bros, TNT, Disney, Apple, NBC, Comcast, Wall Street, Bank of America, NFL, MLB, NHL, KeyBanc Capital, Amazon, Flagship, ABC, Prime, Industry, Patricof, Macquarie, Diamond Sports
Venture capitalist Alan Patricof has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," Patricof told the New York Post. Patricof recommends investing in companies utilizing AI as a tool, rather than buying AI platforms. AdvertisementAdvertisementAlan Patricof, the venture capitalist known for his investments in Apple and Venmo, has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," said Patricof during a Thursday interview with the New York Post.
Persons: Alan Patricof, , Patricof, Mostaque, David Rosenberg, James Penny, Wharton, Jeremy Siegel, Dan Raju, Raju Organizations: New York, Patricof, Service, Apple, Apax Partners, AOL, TAM Asset Management
He works with some of the youngest and highest-paid stars in sports, including Joe Burrow and Trae Young. Everything in sports has a bigger price tag — the salary agreements, media-rights deals, and brand partnerships — and some of that is going straight into the pockets of young athletes. Patricof works with more than 230 athlete clients, including legends like Dwyane Wade, Aaron Rodgers, and Venus Williams. Patricof Co.Other young athletes in his client base include 21-year-old Cade Cunningham; 22-year-olds Corbin Carroll, Walker Kessler, and Kyle Hamilton; and 24-year-olds Justin Jefferson, CeeDee Lamb, and Jaelan Phillips. Nearing the height of their fortune and fame, now is the time for young athletes to start investing and thinking ahead, he said.
Persons: Mark Patricof, Joe Burrow, Trae Young, he's, Patricof, Dwyane Wade, Aaron Rodgers, Venus Williams, He's, Cade Cunningham, Corbin Carroll, Walker Kessler, Kyle Hamilton, Justin Jefferson, CeeDee Lamb, Jaelan Phillips, , Warren Buffett, Buffett, you've Organizations: SpaceX, famers, Co, MLB, NFL Pro Bowl, NBA, NFL Locations: Cholula
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVenture capital veteran Alan Patricof on A.I. : This by far outweighs any technology revolutionAlan Patricof, Primetime Partners chairpreson and co-founder, joins 'Squawk Box' to discuss the state of the A.I. boom, why it's a potential accident waiting to happen, and more.
Persons: Alan Patricof Organizations: Email Venture, Partners Locations: A.I
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe PGA-LIV merger will be a wait-and-see game, says Wharton's Americus ReedAmericus Reed, Wharton School of Business professor, and Mark Patricof, Patricof co-founder, join 'Power Lunch' to discuss the PGA Tour-Liv golf merger and more.
Persons: LIV, Americus Reed Americus Reed, Mark Patricof, Patricof Organizations: Americus Reed, Wharton School of Business
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlan Patricof on SVB fallout: Venture lending business is going to have a dramatic changeAlan Patricof, chairperson and co-founder of Primetime Partners, joins 'Squawk Box' to discuss his thoughts on the Silicon Valley Bank collapse, the practice of offering loans when 100% of deposits are in the bank, and more.
A recent Ally Financial ad buy with Disney 's ESPN focused on women's sports may be the biggest deal yet — in importance as much as the dollars attached. The one-year, multimillion-dollar deal requires 90% of its investment to be put to women's sports, through expanding game highlights, branded content and features across ESPN. "It is rare that brands buy media deals, or buy sponsorship deals, where they are as skewed toward women's sports as this one," she said. The bank is the first-ever title sponsor for both the ACC Women's Basketball Tournament and the ACC Women's Soccer Championship, and will also be the exclusive presenting sponsor for the 2023 ACC Women's Lacrosse Championship. A big money year for women's sports in 2022Ally's deal with Disney follows a successful year for women's sports on the media front, with sponsorship deals growing 20% year-over-year, according to sports and entertainment intelligence platform SponsorUnited.
Sinclair bought its regional sports networks, now branded as Bally, from Fox after it sold assets to Disney. Four years later, the 19 networks now carrying the Bally Sports brand name are likely headed for a Chapter 11 reorganization. "We see downside risk increasing as Pay TV subscribers shift away from the linear bundle. Questions are swirling over how Diamond Sports will continue to pay rights fees to the sports leagues during a reorganization process. Symson said local rights are up in some markets and Scripps is ready to engage.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech industry entering new phase of computer usage that will change ad environment, says Alan PatricofAlan Patricof, Primetime Partners co-founder and chairman, joins 'Squawk Box' to discuss what's happening to technology stocks, Patricof's view on the advertising market and more.
For a roadmap for effective, kind leadership and smart decision-making, he shares 5 book recommendations. Publishing a leadership book gave me a newfound perspective on the genre. Here are the top five leadership books I read in 2022 and why I found each one particularly enriching. After reading The Promise of a Pencil, I learned how seemingly small acts can make a world of difference in communities. For anyone considering executive coaching or looking to find a coach, this book is a must-read.
They’re offering more policy briefings to longtime supporters, Zoom calls with top administration officials and White House tours, too. "The $500,000 people like me, we’re not going to be players in 2024," said Dick Harpootlian, a longtime Democratic donor and South Carolina state senator. For the White House, the shift is an acceleration of a courtship campaign that began more modestly before the midterm elections. Amid concerns about the omicron variant last year, the White House was forced to abandon plans for a more full set of holiday parties. Some of those same people were invited to the White House next month for an in-person policy briefing.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with veteran tech investor Alan PatricofAlan Patricof, chairperson and co-founder of Primetime Partners, joins CNBC's 'Squawk Box' to discuss the layoffs among major tech companies like Amazon, Twitter and Meta. Patricof also weighs in on the collapse of crypto following the fallout of FTX.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlan Patricof: It's too late to sell off tech stocks; time to ride throughAlan Patricof, chairperson and co-founder of Primetime Partners, joins CNBC's 'Squawk Box' to discuss the layoffs among major tech companies like Amazon, Twitter and Meta.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are in a period of market correction now, says Primetime Partners' Alan PatricofAlan Patricof, chairperson and co-founder of Primetime Partners, joins 'Power Lunch' to discuss Apple's continued success, Meta's big bet on AI and the geopolitical factors weighing on venture capitalists pursuits.
When Patricia M. Cloherty was offered a job at a venture-capital firm in 1969, she had to ask friends what that business, little known at the time, was all about. She concluded it was a David vs. Goliath affair, using small amounts of capital to fund startups that could take on corporate behemoths. As a former Peace Corps volunteer, she had aspired to work for an international development agency but concluded that those institutions were unlikely to send a woman overseas. So she decided to accept the offer of a research job at a venture-capital firm headed by Alan Patricof .
At a private dinner Wednesday at New York's swanky Le Pavillon, New York City Mayor Eric Adams called on tech executives to keep their companies in the city, even as industry leaders raise concerns to city officials of soaring rents and an increase in violent crime. He told the more than two dozen tech leaders: "New York City needs and wants technology companies," another attendee said, adding that city officials want tech companies to "help grow the economy of this city." Adams' spokesman Fabien Levy confirmed the mayor spoke to the tech executives, but said, "Mayor Adams wasn't there for dinner." "While we don't discuss private conversations, Mayor Adams always welcomes and encourages businesses to come to NYC," Levy said in an email. Conway said in an interview, noting that it's important for tech leaders and companies to be civically engaged.
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