Sep 16, 2019
Michael Schwimer is the CEO of Big
League Advance (BLA) and JAMBOS. Last year, I sat down with
Michael and discussed his playing career and the formation of
BLA. That conversation, which you can listen to on the feed
right after this one, has been the most downloaded episode of
Capital Allocators.
Our second conversation starts with an update on BLA, the private
equity fund that takes stakes in the future earnings of minor
league baseball players. We touch on the implementation of
the strategy and the development of the BLA sports analytics team
since last year.
We then discuss other ideas Michael brainstormed with his team to
deploy their unparalleled horsepower in sports analytics.
That exercise led to the formation of a new sports betting service
called JAMBOS. We walk through the business of predicting the
outcome of sporting events, the disruption of tout subscription
services for sports betting through transparency and
accountability, and the potential impact of predicting game
outcomes on the future of sports and sports entertainment.
You can find out more about the service at www.jambospicks.com.
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