How a Legendary NFL Receiver Became a Wall Street Player | The Deal
Future Hall of Fame wide receiver Larry Fitzgerald said he always expected to be coached. Just not by a Wall Street banker. So when Frank Bisignano-then a senior JPMorgan Chase & Co. executive and now CEO of Fiserv-pushed a twentysomething Fitzgerald to think about life beyond the National Football League, it changed his trajectory.
That led to a series of internships between football seasons, touching on everything from venture capital to real estate and mezzanine financing. Fitzgerald played football for more than a decade after his run-in with Bisignano, spending his entire pro career with the Arizona Cardinals. But thanks in part to that first internship (at JPMorgan), he’s since invested in more than 160 companies, ranging from tech firms to an Indian cricket team. One of his breakthrough business moments came in 2020, when he joined the board of Dick’s Sporting Goods Inc., a publicly traded retailer that now has a market capitalization of about $16 billion.
Arguably among Fitzgerald’s most interesting deals is one tied to his oldest passion: chess. He started playing as a kid, an effort by his parents to focus a restless young mind. His public affinity for the game led to a meeting with Danny Rensch, the “chief chess officer” of Chess.com. Fitzgerald invested in the company and played in a celebrity tournament. He even allowed Chess.com to create a bot trained on his previous matches.
Listen to The Deal on Apple Podcasts, Spotify, iHeart, Bloomberg Carplay, or wherever you get your podcasts. You can also watch The Deal on Bloomberg Originals and Bloomberg TV.
--------
Like this video? Subscribe: kzhead.info?sub_...
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptio...
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
Wow, Larry is a great and down to earth man.
Guy be calm and composed! Love it
EXCELLENT Interview.
I love the conversations on this podcast. I don’t miss an episode. As the owner of a video production company what moves me are stories, the stories behind the stories.
Larry Legend, brilliant on the field and in business. Love this interview.
Wow solid interview
What a guy, all the best the future!
Just BRILLIANT.
Bright future
In short, be open and inquisitive and people will open up to you and show you the way.
Go Kirby Puckett!! ❤❤❤❤
“When I first was asked to join the board at Dick’s” pause
♥️
If😊some of these programs stopped then tax payers shouldn't have to pay into them and the costs of say medical bills should go down!
"how rich get richer"
The fact that we practically worship these college drop-outs that get paid millions to run around and play with balls on a field is disgusting…
I don't know about worship but college drop outs or not it takes talent and skill to make it in the NFL, so let's be honest here you're just hating cause you're not making millions like them 😂
Bloomberg worships many wealthy people.. Same with the general public...If this video is accurate , then Fitzgerald is a decent man.. Unlike many other wealthy people in the world.
Stop being jelly, come on, you a kid?