Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
25 Jul 2023 Acquired Nike
“Most people didn't realize it at the time because keep in mind, 2006 over in Apple, Steve Jobs is still the CEO.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 25 Jul 2023
- Publisher
- Acquired
- Episode
- Nike
Transcript context
…The thing is, both of those numbers are bonkers. $700 million is bonkers, and $6 billion is bonkers. Yeah. Jordan has completely transcended a sponsorship deal and turned into a brand. The platonic ideal of Jordan is a brand more than a human. In 2006, another important thing happens. Most people didn't realize it at the time because keep in mind, 2006 over in Apple, Steve Jobs is still the CEO. Not a lot of people know this guy named Tim Cook's name, but Tim joins Nike's board. I believe in late 2005, he joined the board. He immediately starts helping Nike into understanding how to use digital technology to transform their business. In 2006, they launched the Nike+iPod, which was not a terribly successful product in the market. But man, did it help Nike understand where the puck is going. And this was the first corporate use of plus in a product name.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.