Earvin 'Magic' Johnson is an NBA legend and head of Magic Johnson Enterprises. He outlines his investment framework when evaluating early-stage founders and startups to a16z General Partner Chris Lyons.
“Is it something that is not in the marketplace? Can we really look at this 10 years from now that it's going to still be here? It's going to still it has growth potential. Hopefully year, year in and year out. And then do we have a chance to exit or sail? You know, down the line. And so and then the partners, I want them to make sure that these founders and these great people, they have skin in the game. They also are great and they're experts at what they do. And You know, we then also look at it, can we bring added value, right? Being Magic Johnson all the things that we have in our toolbox. Can we bring added value to the deal or to that founder and make that company grow or take off and fly?”
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More from Earvin "Magic" Johnson
AssertionSupported
Magic Johnson: Dodgers generate highest revenue in Major League Baseball history
“We're making money that no major league baseball team has ever made on revenues.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 49:30Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
AssertionSupported
Magic Johnson: Dodgers bought for $2.2B are now worth $8B
“When we bought the Dodgers, 2.2 billion dollars. Well, everybody said we overpaid. Now it's eight billion.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 0:32Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
Insight
Magic Johnson: 'Boring' Businesses Outperform Trendy Startups in Consistent Growth
“The ones that are boring and people don't know about or care about, those are the ones who are on a consistent making money or going up. You have growth.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 14:58Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
Insight
Magic Johnson: Wealthy minorities historically failed to pass down business knowledge
“The downfall of minorities has been most of the rich people before us took the knowledge with them.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 1:03:43Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
PredictionOpen · timeframe Feb 2031
Magic Johnson: Washington Commanders valuation will rise with new stadium
“The Commanders is two years old now. Six billion, and now that the new stadium, that's gonna go even up higher.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 0:39Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
Insight
Magic Johnson: Athletes and entertainers must hire advisors willing to say no
“Make sure you get a great team around you. And also, those can tell you no. See, they're not used to somebody telling them no.”
Earvin "Magic" JohnsonFeb 11, 2026▶ 28:08Inside The Life of Silicon Valley's First Athlete Investor | Magic Johnson
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