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This Week in Startups

China moves crypto mining to US + Overtime’s Dan Porter on GenZ basketball league & network | E1235

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 22 June 2021

⏱️ 71 minutes

🧾️ Download transcript

Summary

Jason covers the recent Chinese Bitcoin mining migration (1:56). Then, Dan Porter the CEO of Overtime joins to discuss how Overtime is building a next-generation sports network across Youtube, Twitch, & social media (15:12) and launching Overtime Elite a new basketball league where 16-18-year-olds can earn $100-$500K to prepare for the pros.

Transcript

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0:00.0

Hey, everybody, welcome to this week in startups.

0:01.7

We've got a great interview today with a really interesting cat.

0:04.5

Dan Porter is a CEO of overtime.

0:06.9

They are a YouTube network of shows that they produce doing digital media.

0:12.1

You've probably heard of things like that before.

0:13.7

Think of it like an ESPN, but for Gen Z.

0:16.8

What's really interesting is they just raised a ton of money from a bunch of NBA players

0:20.9

and other investors to create their own basketball league for 16 to 18 year olds

0:27.3

who are, you know, for going their college and remaining high school eligibility

0:31.0

in exchange for hundreds of thousands of dollars.

0:33.9

It's really fascinating to talk to somebody the year they're starting their own sports league.

0:40.9

And he's really candid about a lot of the interesting things going on in the NBA,

0:45.8

which has become, I think, the premier league in the world, you know, a soccer, of course.

0:50.5

It's a great interview.

0:51.3

It's a really fascinating concept and pretty groundbreaking.

0:54.7

So I had a blast talking to him.

0:57.0

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0:59.4

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1:04.5

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1:07.5

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1:15.7

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1:21.6

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...

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