Boehly: Eldridge tested Replay Technologies at Dodger Stadium before Intel sale
Todd Boehly · Todd Boehly - The Next Berkshire Hathaway at Eldridge (Capital Allocators, EP. 223) · Nov 22, 2021 · at 32:20
Todd Boehly, Co-Founder and CEO of Eldridge and co-owner of the Los Angeles Dodgers, explains how Eldridge uses its existing portfolio assets as testing grounds for venture investments.
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“The very first tech investment we made was something called replay technologies. And replay technologies, it's, if you watch home plate, or if you watch the basketball, or if you watch now football, and they give you 360 degree views, that was a technology that we invented at Dodger Stadium. So we had nine cameras that were installed at Dodger Stadium, and that gave the ability to construct a 360 degree view around home plate. So ultimately, we thought that was a cool capability. So we figured, all right, we'll put a little bit of money in. We'll give Dodger Stadium as the platform. So Dodger Stadium and the Dodgers ended up benefiting from that. So then we ended up selling that to Intel, and Intel ended up then commercializing it with all the leaks.”
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