Chatri Sityodtong explains why regional leagues like India's IPL could not become pan-Asian sports properties.
Opinion
Corporate workers have no clue how hard Wall Street actually works
“Genuinely, the average IQ and EQ on Wall Street, and the general hunger and ambition and drive, all that, man, is literally top one percent. You go into the real world, into industry, into corporate, man, it's like night and day. So I was used to Wall Street c…”
Opinion
Sityodtong: Asian culture treats failed entrepreneurs as social pariahs
“Americans really love the underdog, the comeback story, the Rocky Balboa story. The American dream, you know, I think even Silicon Valley can fail a number of times and still be, end up being very wildly successful, you know, as an entrepreneur. In Asia, it's …”
Insight
Public market investors routinely overestimate their own operational business competence
“When you are an investor, especially a public market investor, you, and I hope I don't offend anybody on Wall Street, you actually think you're smarter than you actually are. Because you're analyzing all the numbers, and you're making these bets, and you're li…”
Assertion Not checkable as stated
Martial arts schools were entirely uncommercialized across Asia before Evolve MMA
“No one had ever tried to commercialize martial arts in Asia. That sounds as crazy as it sounds. You know, all the martial arts schools across Asia are very mom and pop and backwards in many ways.”
Assertion Supported
No billion-dollar pan-Asian sports properties existed before ONE Championship
“You come to Asia at the time, there's literally nothing, nothing on a pan-Asian basis. There, it was IPL, which is a cricket league in India, but cricket won't cross geographies in Asia because no one really plays cricket in Asia except for India, and that was…”
Assertion Supported
ONE Championship broadcasts in 128 countries to one billion potential viewers
“Which is now Asia's largest sports media property. We're broadcast in 128 countries. It's a six year old startup. And broadcast to a billion potential viewers around the world.”