get people who are smarter than yourself, get the right people, and always pay them and then let them do their thing.

If I had to hit that deal in 1979, it would be over a billion dollars. So that's the one that, you're talking about one that got away?

Oh, man, I'm sure. That's the one. Don't be afraid to partner.

We got to get rid of that myth that you got to be the only one.

It's okay to collaborate.

That's right.

What's the next growth opportunity for me and my company, right?

Because we want to continue to evolve, grow, and think outside the box.

Magic Johnson went from five NBA championships to building a billion-dollar empire.

His business education started early, working with Michael Ovitz at CIA,

and involved into a portfolio that now includes the Dodgers, the commanders, L-AFC, and businesses

across real estate, insurance, infrastructure, and technology. Along the way, he found his way

to venture capital and into a relationship with us here at A16-Z. So today, we're talking with

magic about how that happened, what drew him

to venture as an asset class, and how he thinks about tech investing differently from the

rest of his portfolio. Let's jump in.

Magic. Hey, Chris. Good to see you, man. Good to see you. It's a pleasure. You know, I'm glad you're able to come through today, man.

Well, thank you, man. It's all the great things that you and I have been doing for these years.

Years. And now we get a chance to sit down. I think this is important for a lot of people and a lot of different reasons too.

Absolutely. Look, I think that, you know, like you said,

this is a culmination, I think almost 10 years from investments to conversations to having you

come up to San Francisco talking about venture, expanding the portfolio. And we wanted really just

...