The Visionary
The future, and what is barely possible, reads round the next corner.
Michele Kang reads as The Visionary because she priced a future the market had not. Her investments in the Washington Spirit, Lyon, and Gotham FC were conviction-led bets on the commercial and cultural potential of women's sport, made well before consensus caught up with her.
“Well, I was a good athlete, but not soccer. I have to say it was by accident coincidence. I really did not even know there was a professional women's soccer league in the United States, let alone there was a professional team in D.C. And it was 2019 when the U.S. Women's National Team won the World Cup.”
“Ultimately, it reduced the cost and improved the care and so forth, but using technology. Every doctor you visit, if you want to get a second opinion, you have to go get your MRIs on x-rays all over again for various reasons because it's different hospital systems, insurance purposes and all that.”
“I think I've got my hands full, and so I still, this is all work in progress, right? So I want to make sure that this is a legitimate real business. That's not charity. That means that there's going to be significant revenue stream and break even and all that, a business discipline.”
“Yes, at that time, Yale actually was about 10 years old, and their mission and vision was not to create another Harvard Business School, but rather very different and unique educational institution. And that was mixed both public and private management. And the best part to me was it was a very small class, about 170 or so.”
The David Rubenstein Show: “Michele Kang”
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