Gavin Newsom: “I was just reading about Michael Jordan, Shaquille O'Neal…”

“But you talk about esports, and I just think it's an interesting space in this context. You say it's a relatively small space, but it's not a small amount of investment that it seems people are making. I was just reading about Michael Jordan, Shaquille O'Neal, Beckham folks putting tens of millions of dollars into esports teams. I mean, this thing's growing. Yeah. But what I'll tell you is being dead honest, Gavin, a lot of them are going to lose their shirt on this.” (16:32–16:43)

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