I have been waiting for this type of interview, as all other reports on PE in college sports have lacked information. Unfortunately, Doomberg didn't answer the main question I want to know. How will a school use the influx of cash to increase revenue, and how will the PE firm recoup their investment? Alex asked the perfect question using…
I have been waiting for this type of interview, as all other reports on PE in college sports have lacked information. Unfortunately, Doomberg didn't answer the main question I want to know. How will a school use the influx of cash to increase revenue, and how will the PE firm recoup their investment? Alex asked the perfect question using Utah as an example, and Doomberg pivoted right away to a "look at what has happened to NBA salaries" answer, possibly because the guest doesn't know. As with all of the other reporting on PE, Doomberg basically said Texas is worth $10 billion today, and in 7 years they could be worth $25 billion, without any explanation as to how they get there. Great interview by Alex, unsatisfactory answers by Doomberg.
Also, as a fellow cynic like AK, as soon as someone makes a patently false claim like "the NFL Draft gets more eyeballs than everything but the Super Bowl and Conference Championship Games," I start to doubt that they know what they are talking about.
I have been waiting for this type of interview, as all other reports on PE in college sports have lacked information. Unfortunately, Doomberg didn't answer the main question I want to know. How will a school use the influx of cash to increase revenue, and how will the PE firm recoup their investment? Alex asked the perfect question using Utah as an example, and Doomberg pivoted right away to a "look at what has happened to NBA salaries" answer, possibly because the guest doesn't know. As with all of the other reporting on PE, Doomberg basically said Texas is worth $10 billion today, and in 7 years they could be worth $25 billion, without any explanation as to how they get there. Great interview by Alex, unsatisfactory answers by Doomberg.
Also, as a fellow cynic like AK, as soon as someone makes a patently false claim like "the NFL Draft gets more eyeballs than everything but the Super Bowl and Conference Championship Games," I start to doubt that they know what they are talking about.
Or when he said the players are mobile in the EPL due to promotion and relegation 🤦
When people state things as fact that are actually incorrect, I always question their knowledge.
Never a bad approach when dealing with private equity.