Why Nasdaq’s Adena Friedman Says Sports Teams Should Go Public | The Deal

In this episode of The Deal, Alex Rodriguez and Jason Kelly talk with Nasdaq CEO Adena Friedman about the value of letting fans own a part of their team by having teams enter the public market. Friedman tells the hosts about her competitive deal-making mindset, how she’s transformed Nasdaq and the current sports business landscape. 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. 00:00 - 1:56 Intro 1:57 - 3:35 CEO of Nasdaq 3:36 - 5:26 Upbringing 5:27 - 6:49 Taekwondo 6:50 - 8:26 Fear Drives You 8:27 - 10:20 Imposter Syndrome 10:21 - 11:38 Competitive 11:39 - 13:49 Strategy 13:50 - 16:28 Bob Greifeld 16:29 - 20:15 Carlyle 20:16 - 22:13 Deal Making 22:14 - 24:36 Return to Nasdaq 24:37 - 25:56 How Nasdaq makes money 25:57 - 29:04 Growing Faster 29:05 - 31:30 “Your Business Is Deals 31:33 - 33:10 Atlanta Braves 33:11 - 37:46 Sports Economy 37:47 - 41:22 Sports Through A Business Lens 41:23 - 42:51 Women’s Sports 42:52 - 44:58 The Listing Business 44:59 - 46:56 Rapid fire 46:57 - 47:32 Outro Have a coffee on Bloomberg! https://bit.ly/3Yoh33g -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals 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 Bloo