The Billionaire Behind The Vegas Sphere
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- Опубликовано: 29 дек 2023
- Listen to my podcast: www.powerlaw.fm/
Enter your email here: johncoogan.com
ABOUT JOHN COOGAN:
I am the co-founder of soylent.com and lucy.co, both of which were funded by Y Combinator (Summer 2012 and Winter 2018).
I've been an entrepreneur for the last decade across multiple companies. I've done a lot of work in Silicon Valley, so that's mostly what I talk about. I've raised over 10 rounds of venture capital totaling over $100m in funding.
I work mostly in tech-enabled consumer packaged goods, meaning I use software to make the best products possible
CONTACT:
You can get in touch with me via Twitter: / johncoogan
Disclaimer: This video is purely my opinion and should not be regarded as a primary source. I am not a financial advisor and this is not a recommendation to buy or sell securities. Always do your own due diligence. 
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Vanity mega-projects are tough commercial propositions (just ask Dubai). The Sphere is in a sweet spot of being aesthetically unprecedented but developmentally iterative, given Vegas’s long history of high-traffic mega-projects.
Dubai being a tourist destination makes me laugh. If the country was not ya know, ran by strict theologians then I would understand it as the go to destination.
Yet it is a Muslim country with all of their laws. Sorry, I don't care how beautiful the city is or becomes. I'm not going to make it my go to destination, ever.
I am admittedly speaking from ignorance, but unless I have actual business there I'd never visit.
@@dianapennepacker6854IF you are a tourist you are not normally under the same rules as a citizen. There are tourist zones where they let normal stuff fly. It is similar to the red light district of the early 20th century NYC. With that said, I agree with you. Why would I want to visit a place where I am under paranoia if I am in the right place doin the right thing.
I think in due time Dubai will either crumble and not attract tourist or there will be a cultural change. Right now the monarch there is simply trying to outspend the reality they place on the people who live there and in some cases actually build the mega projects.
Basically, it is the physical manifestation of a ponzi scheme if it were a state. Admittedly, this can be said for a lot of countries...
Notice me, Tay!
@dianapennepacker6854 the fact you speak from ignorance is proof enough you shouldn't speak at all. All countries have laws. Nothing wrong with Dubai's laws.
@@EvilClapTraplmao how will it not attract tourists anymore. Cope harder 😂
Thank you John and your team for all the very informative videos you've shared this year. The quality of your media and the information is astounding. We're truly lucky to have people like you on RUclips.
Your videos 😃 are Really So Informative!!! Great job Man !
I like the sphere, it's pure sci fi made reality. Not much of an impact compared to mars colonies or in-head huds or growing new limbs but still really cool.
Ur research and presentation is awesome
Lesson: aim to be born into a rich family
As someone who works at a worker coop: I find this LED sphere very awesome.
“His band is a surprising success, opening for bands like the Eagles”… but, you know-in venues he owns.
The Vegas Sphere is amazing, it will go down in history as one of the greatest buildings ever constructed.
😂😂😂😂 nope
@@HShangoyes*
What’s wrong with you?
It will go down in history as the biggest advertising ball. Thats about it. I've never seen so many people excited about watching ads on a ball.
It’ll be forgotten in 20 years
The sphere should and could have only been built in Vegas. The various proposals to build smaller versions in "normal" cities are insane. The UK proposal included an offer to supply next door residents with heavy blackout curtains.
I recently discovered your channel, watched a handful of videos, and learned a lot. I know a lot of work goes into these videos. Thank you for your effort. I look forward to 2024. Happy New Year in advance!
His tf were we supposed to know he was talking about Harvey from then 5 lines 🤣🤣
Good work John and team~
Anyone know what the posters are in his background?
underground cable was "ground breaking" innovatiion - no pun intended?
Awesome thank you John and your team as always very informative. Please do one about Larry Fink.
I own a part of that building
Why does he own the teams though if you himself say he does not care about them at all
Interesting and well-done video!
Amazing content!🎉🔥🔥🔥
Apparently dubai saw it and want to make a bigger one
Lol
1 billion in operating income and 3m in net income - is that a mistake? 3m in profit per year does not make a billionaire dynasty (6:25)
Cool, let's all become a multi-billionaire.
God bless.
I bet he put his own rocket inside the Rockets.
Great videos
It’s easy to take massive risk if you have a trust fund to fall back to.
True
Vaste of resources
Billion dollars definitely can’t buy looks!
Well done. Great story telling. He should hire you to do his publicity.
We have had the Globe Arena in Stockholm since 1989, now with the new name Avicii Arena. I think it has been the worlds largest spherical building before 2023.
I have no desire to go back to Las vegas, doesn't matter what they build there!
That thing looks intense!
The sphere reminds me that our society has twisted priorities. Overthrow the bourgeoisie.
He also uses face recognition to ban plaintiff lawyers from MSG to dissuade people from suing the stadium for being injured
Ah yes The Vegas Sphere With BRAINWASHED MACHINES INSIDE IT
And why don’t you add that the Sphere is also going bankrupt? Beautiful yes but unsustainable.
As a journalist and editor i must say : Excellent video 💯💯💯💯
China is building it's own sphere for a third of the price 😂
I have heard reports the Sphere is losing money. It would be interesting to see info on that and projection of success or failure of the project. I think your narration feels more natural in this release.
Might lose money now due to the delays of its final construction but with the Super Bowl around the corner and many new resorts and new baseball stadium being constructed, the losses are just tax write offs. Ultimately he wants to build that type of venue across the globe and provide a new type of venue for artists to express themselves. I’m curious what the electricity bills is like tho
Why is this video seem like a whole advertisement for the guy like what is going on?
Real estate frauds 🔥
00:01 The Las Vegas Sphere is a controversial and ambitious project.
02:05 Chuck Dolan's success in building wealth through the cable television industry
04:10 Chuck Dolan faced challenges with underground cable and low demand
06:05 Chuck took control of Manhattan's cable franchise and built a big bank roll.
08:02 James faces challenges in the family business
10:06 James Dolan expands into entertainment industry
12:10 The Knicks' struggles under James Dolan's leadership.
14:07 James Dolan's passion for music led him to build the Sphere in Las Vegas
16:04 Dolan used advertising to monetize the Vegas Sphere, making it a lucrative investment.
17:49 James Dolan's ambitious and original idea for the Vegas Sphere
Cool
Hey
Number one tip: born a billionaire 💸
The sphere is the modern day version of the library of Alexandria
I just went to the sphere today at 7pm
Freaking great intro!
As a Knick fan I hate this dude with a passion 😂 I hope he loses all his money on this project and sells the team.
It's almost as cool as it was when I dreamt it up back in 1993.
Yea sure thing buddy
@@PointlessPerspective My version was better.
@@ConanDuke sure 👍🏼
I can see the sphere everyday and night right from my house. It's really.cool but I will say..I never see anything going on there
Love your content! Maybe I'm being petty, but your hand gestures are very distracting.
😎
They should start making live concert shows of dead musicians and have concerts. They could also use it for corporations to create some sort of “overview of their company” video so they can fly everyone out for conventions this ensures they don’t hate their jobs as much.
I like your vids but you always tend to add 10min of rambling unrelated to actual point of the video. The whole backstory of his dad and business struggles could have been a minute but you made it 8min long. A lot of your videos tends to have this giant filler in the middle that isn't interesting nor related to the point. Keep it up tho
4:02 …..literally ‘groundbreaking’
The worst nba owner today
they should put solar panels in the parking space
I made it 200 likes
W south africa
Never thought I’d see a James Dolan puff piece
8th
second
Normally JC’s videos are informative, but this one is seriously devoid of anything worthwhile.
The sphere is undoubtedly a technological marvel. But the execution and it's place in the wider cultural landscape will not age well.
First
Im doing a lot of job and I see someone with stupid videos has 1M!!!
No HSR, no healthcare instead build spear, box, line
Knicks don't have the highest pay roll and not signing Jeremy Lin was a great idea. Not a knicks fan but your facts are pretty all over the place.
It looks amazing
To be honest this sounds like he paid you to talk nice about him. He’s a horrible person and yet you praise him.
These WEF types should bring back World's Fairs instead of just being creepy buzzkills.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I have made over thousands of dollars from trading the crypto market regardless of the market conditions😊
You trade also?, I tried trading after watching some videos on RUclips but still keep making losses, how do you trade on your own?
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some< professional advice. It's totally inappropriate for investors to hang on while suffering from dip during significant
No I don't trade on my own anymore, I always require help and assistance
From my personal advisor
MICHAEL ALLEN
This sounds so good and I would like to be a party to this, Is there any way I can speak with him?
Hey John, thank you for your video. I love your content. However I can't enjoy it but I don't like that it's always so much hand gesturing. It feels unnatural to me. Just thought this might be interesting to you. Hope you don't get me wrong.
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