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Khosla Family Introductory Press Conference At Lumen Field · Seahawks Press Pass

• 0:02
  Speaker 1: Well, good morning, everybody.
• 0:03
  Speaker 2: I think I want to first start with my wife.
• 0:09
  Speaker 2: We've been together for 55 years or so, almost.
• 0:16
  Speaker 3: So watch out, we're here to stay.
• 0:20
  Speaker 1: My son, Neil. We've been together for 32 years. My daughter, Nina.
• 0:35
  Speaker 2: Nina's an entrepreneur by herself, two fashion brands she started,
• 0:39
  Speaker 2: Form and Osu, so feel free to talk to her later.
• 0:44
  Speaker 2: And my other daughter is feeding the baby. You'll meet
• 0:51
  Speaker 2: the biggest, newest 12. And our fourth daughter is just
• 0:59
  Speaker 2: landing from Amsterdam.
• 1:01
  Speaker 3: No, no, no, third daughter and a son.
• 1:05
  Speaker 2: Or the fourth child, the third daughter. Nina's the eldest.
• 1:09
  Speaker 2: Anu with the baby.
• 1:12
  Speaker 1: Is second.
• 1:14
  Speaker 2: Our daughter who's landing is the third. And she'll be
• 1:18
  Speaker 2: here at the game. And my son Neil is the youngest,
• 1:22
  Speaker 2: the baby in the family. So he's an entrepreneur. Anu
• 1:29
  Speaker 2: mostly works in non-profit causes, and our daughter, who's lending
• 1:34
  Speaker 2: from Amsterdam, is in a competitive equestrian, so she was competing,
• 1:39
  Speaker 2: and so she's back here for the game.
• 1:43
  Speaker 1: Thank you.
• 1:55
  Speaker 4: Hello, Brian Emhauser with Hawkblogger. Welcome to Seattle, first of all.
• 1:59
  Speaker 4: Excited to be here, really excited. Excited to have you.
• 2:03
  Speaker 4: So when the team was last sold in 97, Paul
• 2:06
  Speaker 4: Allen recognized that accessibility was important, made $ 10 tickets available,
• 2:11
  Speaker 4: and committed to have some percentage of tickets always at
• 2:14
  Speaker 4: the lowest average in the NFL. Since then, ticket prices
• 2:17
  Speaker 4: have gone up 1,100%. Median household income is only up 125%.
• 2:23
  Speaker 4: what your perspective is on keeping accessibility for the average
• 2:26
  Speaker 4: fan to keep the home field advantage what it's been
• 2:28
  Speaker 4: in Seattle.
• 2:29
  Speaker 2: So we do respect what Paul Allen and Jody did.
• 2:35
  Speaker 2: I suspect without going into specifics, our policies won't be
• 2:40
  Speaker 2: much different than whatever they are following done in conjunction
• 2:44
  Speaker 2: with management. So I don't expect we'll change a lot
• 2:48
  Speaker 2: from Paul's philosophy or Jody's philosophy.
• 2:56
  Speaker 5: Congratulations again, Chris Daniels from Como News in Seattle. The
• 3:00
  Speaker 5: question that has lingered for a lot of people through
• 3:03
  Speaker 5: the last few months with the change in ownership is
• 3:06
  Speaker 5: what your future plans are, not only for this building
• 3:09
  Speaker 5: that we're sitting in right now, Lumen Field, but for
• 3:12
  Speaker 5: the area around the stadium. As now the official owners
• 3:16
  Speaker 5: of the franchise, what can you say about the future
• 3:19
  Speaker 5: of Lumen Field and the stadium district?
• 3:22
  Speaker 2: First, I'd say we are owners for five days. A
• 3:26
  Speaker 2: little early to formulate specific plans. The broad thing I
• 3:30
  Speaker 2: can say is I don't expect too many changes. So
• 3:35
  Speaker 2: our philosophy will probably be similar to what the Allens
• 3:39
  Speaker 2: did and rely a lot on management to recommend what
• 3:44
  Speaker 2: they want to do.
• 3:49
  Speaker 6: Hi, Bob Condotta with the Seattle Times. I understand you
• 3:53
  Speaker 6: guys were here for the playoff game against the 49ers
• 3:56
  Speaker 6: last year, and obviously I guess rooting for the 49ers
• 3:58
  Speaker 6: at the time, but I was just wondering if you
• 3:59
  Speaker 6: could tell me what you remember of that game and
• 4:02
  Speaker 6: your thoughts on kind of sitting in the stands for
• 4:05
  Speaker 6: that game.
• 4:06
  Speaker 2: Well, that game really brought home to us the power
• 4:11
  Speaker 2: of the 12 brand. Literally how passionate a fan base
• 4:16
  Speaker 2: it is, I never realized how popular a brand the
• 4:19
  Speaker 2: 12s are.
• 4:20
  Speaker 1: And so that's very exciting.
• 4:23
  Speaker 2: I would say that was the big takeaway, other than
• 4:26
  Speaker 2: being on the losing side of that. Thankfully now, being
• 4:31
  Speaker 2: on the losing side, we are excited for Seattle. And
• 4:34
  Speaker 2: so I would say the biggest impression was the Lumen
• 4:39
  Speaker 2: Field as iconic venue, the loudness. how exciting and energetic
• 4:44
  Speaker 2: it was, and, of course, the 12s.
• 4:47
  Speaker 7: I might just add, you know, my dad and I
• 4:49
  Speaker 7: came to that game, Bob, and we had never been
• 4:52
  Speaker 7: to Lumen before. And I think, obviously, the Seahawks, you know,
• 4:58
  Speaker 7: had a very good game. And we're kind of sitting
• 5:01
  Speaker 7: there in the fourth quarter, and it was still so loud.
• 5:06
  Speaker 7: And I think kind of one of my reflections coming
• 5:09
  Speaker 7: out of that was like, I don't know that I've
• 5:12
  Speaker 7: ever been in a venue this loud and this passionate.
• 5:15
  Speaker 7: And it's a 30 point game in the fourth quarter.
• 5:18
  Speaker 7: And you see how special the fan base is. I
• 5:22
  Speaker 7: think we walked away going, Oh my God, like this
• 5:25
  Speaker 7: is a, this is built different. Um, and so that
• 5:29
  Speaker 7: was kind of the first cue that to us that,
• 5:32
  Speaker 7: that this franchise, I think has something really special in
• 5:35
  Speaker 7: how it's connected to the community and what the fan
• 5:37
  Speaker 7: base is and how they show up for games. And,
• 5:40
  Speaker 7: ultimately how that helps the team on the field.
• 5:44
  Speaker 8: Hello, I'm Brady Henderson from ESPN.
• 5:46
  Speaker 1: Welcome.
• 5:47
  Speaker 8: So we know your respective titles. Can you help us
• 5:49
  Speaker 8: understand what that's going to mean? Who's in charge of
• 5:52
  Speaker 8: what that looks like on a day-to-day basis?
• 5:56
  Speaker 2: I would say the following. We are super close-knit family.
• 6:00
  Speaker 2: So if you want to know us, we are very close.
• 6:04
  Speaker 2: And we will probably operate relatively interchangeably as an office
• 6:08
  Speaker 2: of the chairman. and not have any specific things. Now
• 6:13
  Speaker 2: Nir is very passionate about education. She's had a nonprofit
• 6:18
  Speaker 2: in education for 20 years, which by the way, serves
• 6:24
  Speaker 2: 30 to 40 million children worldwide every year. And millions
• 6:29
  Speaker 2: of students are using her AI tutor every single month.
• 6:36
  Speaker 2: She'll be more focused in the community efforts and some
• 6:40
  Speaker 2: of the foundation efforts for the Seahawks Foundation. Neil and
• 6:45
  Speaker 2: I will probably operate relatively interchangeably.
• 6:49
  Speaker 1: We stay in close touch. We talk every single day, practically.
• 6:55
  Speaker 2: We hang out a lot together, so you'll see us
• 6:58
  Speaker 2: operate as if we are one entity.
• 7:01
  Speaker 8: And one follow-up to that, will any of you or
• 7:03
  Speaker 8: all of you be stationed in Seattle or in this area?
• 7:07
  Speaker 1: We will be here often. We won't be moving to Seattle.
• 7:12
  Speaker 2: Just like we've been together for 55 years, we tend
• 7:15
  Speaker 2: to be pretty stable. We've been in the same house
• 7:17
  Speaker 2: since 1986.
• 7:18
  Speaker 1: So... It's true. So... But we'll be here a lot.
• 7:28
  Speaker 3: Just so you know, we take commitment seriously.
• 7:35
  Speaker 9: Guys, Dave Mahler, KJR Seattle. First of all, welcome to town.
• 7:40
  Speaker 9: Couple questions.
• 7:41
  Speaker 1: Can you guys just talk about.
• 7:42
  Speaker 9: What a great weather outcome to us. It's always like this,
• 7:45
  Speaker 9: by the way, just so you know. Can you talk
• 7:48
  Speaker 9: a little bit more about your management style? You mentioned
• 7:50
  Speaker 9: letting the people in charge make recommendations. And then I
• 7:54
  Speaker 9: think the question everybody here wants to know, really the
• 7:56
  Speaker 9: reason why we're all here, you've had and you've seen
• 7:59
  Speaker 9: the blue throwback uniforms. Are we going to see the
• 8:02
  Speaker 9: white throwback uniforms brought back at any point in time,
• 8:05
  Speaker 9: maybe this season?
• 8:07
  Speaker 7: You want to talk about.
• 8:09
  Speaker 10: Oh, no.
• 8:11
  Speaker 2: So to the first question, the management style, I think
• 8:15
  Speaker 2: our approach will be to have great management.
• 8:18
  Speaker 1: We do have great management. They got us to the
• 8:21
  Speaker 1: Super Bowl.
• 8:22
  Speaker 2: And by the way, how lucky is it, how often
• 8:25
  Speaker 2: do you get to buy a team that just won
• 8:27
  Speaker 2: the Super Bowl? So the best thing we can do
• 8:31
  Speaker 2: is not mess with a lot. But we will be
• 8:36
  Speaker 2: working closely with management. I don't think our approach is
• 8:42
  Speaker 2: going to be telling them what to do. Our approach
• 8:45
  Speaker 2: will be lots of discussions and then leave it to
• 8:48
  Speaker 2: management to decide whether they agree with us or not.
• 8:52
  Speaker 2: So I'm very much a fan of handing them the
• 8:57
  Speaker 2: baton and let them do their thing and take responsibility
• 9:03
  Speaker 2: for the results, which hopefully is another Super Bowl.
• 9:07
  Speaker 1: Very soon this year.
• 9:11
  Speaker 2: I don't know if I can tell you much more
• 9:13
  Speaker 2: other than lots of dialogue, lots of discussion, then let
• 9:17
  Speaker 2: them make decisions.
• 9:19
  Speaker 1: Yeah, the throwbacks.
• 9:23
  Speaker 11: Yeah, that's when I can, we will bring those back
• 9:25
  Speaker 11: for 2027.
• 9:25
  Speaker 7: The white throwbacks.
• 9:33
  Speaker 1: Greg Bell, the News Tribune.
• 9:35
  Speaker 2: Could all of you address how you'd like to incorporate
• 9:38
  Speaker 2: artificial intelligence in the football operations of the Seahawks? Well,
• 9:44
  Speaker 2: I don't know if there's a specific plan. We've talked
• 9:49
  Speaker 2: a bunch about it. I won't say there's a specific
• 9:55
  Speaker 2: plan on the field. That'll be left to Mike and
• 9:57
  Speaker 2: John Schneider, Mike McDonald and John Schneider to do. AI
• 10:06
  Speaker 2: has a lot of roles to play. I just mentioned
• 10:08
  Speaker 2: AI tutors in the community, so there's definitely uses for that.
• 10:14
  Speaker 2: And no, I don't think there's any labor displacement gonna
• 10:17
  Speaker 2: happen with robots. I suspect AI will be an important
• 10:22
  Speaker 2: part of entertainment in enhancing the experience, but no specific
• 10:28
  Speaker 2: plans today.
• 10:30
  Speaker 7: Yeah. I would just add that I think one of
• 10:34
  Speaker 7: the great things about John and Mike is they're always
• 10:36
  Speaker 7: chasing edges. They're always looking for what they can do
• 10:40
  Speaker 7: to gain advantages. And if we can be helpful, we'd
• 10:43
  Speaker 7: love to bring those perspectives. But as my dad said,
• 10:46
  Speaker 7: I think it's how do we have discussions? How do
• 10:49
  Speaker 7: we push each other and then they have to make
• 10:51
  Speaker 7: decisions about, we're not here to make decisions about how
• 10:56
  Speaker 7: AI is used in football. I think we're here to
• 10:58
  Speaker 7: have those conversations and hopefully bring some new ideas and
• 11:02
  Speaker 7: that's kind of the extent of that.
• 11:04
  Speaker 2: Yeah, let me just elaborate on that a little more.
• 11:07
  Speaker 2: You always want to have lots of discussions, lots of ideas,
• 11:11
  Speaker 2: lots of debate. But then the people in charge of
• 11:15
  Speaker 2: executing should have the baton to make the decision. Because
• 11:19
  Speaker 2: if they haven't made the decision, they won't be as
• 11:21
  Speaker 2: committed to it. That's a very important management philosophy. The
• 11:26
  Speaker 2: person responsible for executing should buy into the decision, make
• 11:30
  Speaker 2: the decision after plenty of debate and ideas and interaction.
• 11:34
  Speaker 2: Of all the professional sports franchises in the world, why
• 11:45
  Speaker 2: did you choose to buy the Super Bowl?
• 11:46
  Speaker 1: Well, they just won the Super Bowl. We were very fortunate.
• 11:51
  Speaker 2: I've had lots of connections to Seattle because of the
• 11:54
  Speaker 2: tech community here. And when it became available, we both
• 12:00
  Speaker 2: got super excited about.
• 12:05
  Speaker 7: It. It's the best sport in the world, and it's
• 12:07
  Speaker 7: the best fan base in the sport, and in the world. Like,
• 12:12
  Speaker 7: that simple.
• 12:14
  Speaker 3: Can I just add, because for me, Most important is
• 12:20
  Speaker 3: to kind of bring the youth into the world they're
• 12:24
  Speaker 3: going to live in. And the best way to do
• 12:27
  Speaker 3: that is through education. Help them understand what they can do.
• 12:33
  Speaker 3: A lot of that, what we built, has been, and
• 12:38
  Speaker 3: by the way, we offer it free, so we can educate,
• 12:42
  Speaker 3: we can kind of help them be, if they truly
• 12:46
  Speaker 3: want to be in the sports, which they should, We
• 12:49
  Speaker 3: want them to be there with deeper understandings. So that's
• 12:54
  Speaker 3: my commitment to the youth of Seattle, to help them
• 12:59
  Speaker 3: get where they want to get through what we've built
• 13:02
  Speaker 3: with technology and now AI on top of that. So
• 13:06
  Speaker 3: lots of potentials.
• 13:09
  Speaker 12: Corbin Smith, Emerald City Spectrum. My question's for Neil here.
• 13:13
  Speaker 12: You've got kind of a unique perspective here, previously being
• 13:16
  Speaker 12: an intern, I believe, football operations with the 49ers. What
• 13:20
  Speaker 12: have the discussions been like for you getting to talk
• 13:22
  Speaker 12: to John Schneider and Mike McDonald, having that background, obviously,
• 13:26
  Speaker 12: with the game that a lot of times incoming owners
• 13:29
  Speaker 12: don't have?
• 13:30
  Speaker 7: Yeah, I mean, I think it helps a little bit,
• 13:32
  Speaker 7: but I would be really careful about equating me spending
• 13:36
  Speaker 7: a summer working the 49ers front office with Mike and John,
• 13:40
  Speaker 7: who know what they're talking about. I think maybe we've
• 13:47
  Speaker 7: been able to talk about a few things that I
• 13:49
  Speaker 7: saw or didn't see, but it's a very short experience
• 13:53
  Speaker 7: versus what they have, which is a lifetime. For me,
• 13:57
  Speaker 7: I'm coming in with a mindset of these are two
• 13:59
  Speaker 7: of the brilliant minds when it comes to football, and
• 14:02
  Speaker 7: so what can I learn from them? That was 15
• 14:05
  Speaker 7: years ago. I mean, John liked the story that the
• 14:11
  Speaker 7: first day on that internship, they sat me down and
• 14:15
  Speaker 7: they made me take the, what's the, the Wonder Lake,
• 14:18
  Speaker 7: is that what it's called? Yeah, and then they put
• 14:21
  Speaker 7: up my score and said, here's all the other guys
• 14:23
  Speaker 7: in the league. So that's about the extent of what
• 14:25
  Speaker 7: I'm bringing to this experience.
• 14:28
  Speaker 2: I would say, for something like the Seahawks, We're very
• 14:36
  Speaker 2: much analytical in the approach, but combining analytics with passion
• 14:41
  Speaker 2: is a pretty unique mix that I think Seattle especially offers,
• 14:46
  Speaker 2: and the fan base especially offers. But we are big
• 14:50
  Speaker 2: fans of analytics.
• 14:53
  Speaker 13: Hi, John Boyle from Seahawks.com, middle here. For Niru, just
• 14:57
  Speaker 13: wanted to get your thoughts.
• 14:58
  Speaker 1: Can I see you?
• 14:59
  Speaker 5: In the middle.
• 15:00
  Speaker 1: Okay.
• 15:01
  Speaker 9: In the, okay, there.
• 15:03
  Speaker 13: In the role of the president of the Charitable Foundation,
• 15:06
  Speaker 13: what do you see the Seahawks' role in the community
• 15:09
  Speaker 13: and how you'd like that to look?
• 15:11
  Speaker 3: Oh, that's an excellent question. Because sports people are great
• 15:18
  Speaker 3: role models for youth. So I was really happy to
• 15:22
  Speaker 3: see the focus of the foundation being on the youth.
• 15:29
  Speaker 3: You know, I think we forget that today's youth is
• 15:32
  Speaker 3: being told, oh, there are going to be no jobs
• 15:35
  Speaker 3: for you, there's going to be no this, no that,
• 15:37
  Speaker 3: all that negativity. I want to change that dialogue. I
• 15:42
  Speaker 3: want to show youth, and we can use the very
• 15:48
  Speaker 3: names that youth really cherishes. So I want to put
• 15:54
  Speaker 3: them in front, I want to tell them, Look, you
• 15:57
  Speaker 3: can be that. So there's lots of stuff. I don't
• 15:59
  Speaker 3: know what's gonna happen. I need to talk to the
• 16:02
  Speaker 3: foundation people, but there's lots of potential, and they're already
• 16:06
  Speaker 3: doing some stuff. So we're going to have to focus
• 16:10
  Speaker 3: on what needs to be the main goal and to
• 16:15
  Speaker 3: kind of come up with solutions. But youth definitely will
• 16:20
  Speaker 3: use the Seahawks as models. for them to learn from,
• 16:26
  Speaker 3: the hard work, the commitment, and perseverance. Those are what
• 16:32
  Speaker 3: I'm looking for.
• 16:36
  Speaker 11: Here in the back, Andrew Destin with The Athletic. Question,
• 16:39
  Speaker 11: if you even know, to two-parter. First would be, you've
• 16:42
  Speaker 11: been very vocal on social media since taking over the team,
• 16:45
  Speaker 11: interacting with fans. I'm curious, how important will that be
• 16:48
  Speaker 11: for you Moving forward, and second, your jacket and shoes,
• 16:52
  Speaker 11: I understand there's a story behind that. Curious what you
• 16:54
  Speaker 11: could tell us here. Thank you so much.
• 16:59
  Speaker 1: I am on and off social media.
• 17:01
  Speaker 2: I don't always engage, but I am trying.
• 17:04
  Speaker 1: To be approachable.
• 17:06
  Speaker 2: Social media is an interesting beast because the two fringes respond.
• 17:11
  Speaker 2: And so you have to be very careful when you respond,
• 17:14
  Speaker 2: when you don't. You want to speak to the bulk
• 17:16
  Speaker 2: of the people. not the extremes. I will continue to
• 17:21
  Speaker 2: be active. I'm not spending an hour a day on
• 17:26
  Speaker 2: social media. It's mostly on weekends. But I will continue
• 17:31
  Speaker 2: to engage and continue to speak out on important issues.
• 17:35
  Speaker 2: I have a very direct style, so you'll continue to
• 17:38
  Speaker 2: see that. You won't see a lot of hypocritical politeness
• 17:42
  Speaker 2: from me. I prefer brutal honesty, calling people when they
• 17:47
  Speaker 2: need to be called out, or complimenting people when they
• 17:51
  Speaker 2: need to be complimented, so all sides. The shoes are
• 17:57
  Speaker 2: a funny story, and somebody asked about AI. So last
• 18:01
  Speaker 2: week I said, I'd like something special for this event.
• 18:07
  Speaker 2: And I got online, I said to ChatGPD, design me
• 18:11
  Speaker 2: a shoe and a logo. Uh, the logo I tweeted, uh,
• 18:17
  Speaker 2: the shoe, which I'm wearing right now, I said, design
• 18:21
  Speaker 2: it to me and designed this really nice design.
• 18:24
  Speaker 1: You can judge for yourself. I liked it.
• 18:26
  Speaker 2: Uh, and I said, how can I make, get it
• 18:30
  Speaker 2: made in four days? And it found me a place
• 18:34
  Speaker 2: in Italy that would make it in four days. So
• 18:36
  Speaker 2: ChatGPD designed it, found the place that could make it,
• 18:41
  Speaker 2: and we arranged to get the shoes, which is quite
• 18:44
  Speaker 2: a miracle, but I'm excited about that.
• 18:47
  Speaker 1: And I'm excited about the jacket. It looks great.
• 18:50
  Speaker 2: Maybe I'll model it for you folks. And I love
• 19:02
  Speaker 2: the idea of 1976. I love the idea of legacy.
• 19:09
  Speaker 2: As you might guess, this history matters a lot. And
• 19:14
  Speaker 2: the Nordstroms first and then the Allens did an amazing
• 19:19
  Speaker 2: job of building a loyal community. And hopefully, we can
• 19:23
  Speaker 2: be good stewards and match up with their achievements there.
• 19:30
  Speaker 2: And happy to show you the logo on the shoes
• 19:32
  Speaker 2: and the colors.
• 19:36
  Speaker 3: I just want to add one last bit to the question,
• 19:40
  Speaker 3: the gentleman who asked me the question. I am here
• 19:46
  Speaker 3: to bring AI tutoring so that every kid, in Seattle
• 19:51
  Speaker 3: can get a tutor, personal tutor, so it'll be free.
• 19:55
  Speaker 3: I'm serious about that because we found it really helps
• 20:02
  Speaker 3: because we built a vertical for students so they can,
• 20:06
  Speaker 3: the education can be individualized whether they want to be
• 20:10
  Speaker 3: a Seahawk player in the future, or they wanna be
• 20:13
  Speaker 3: a musician, they wanna be a physician, whatever that might be,
• 20:18
  Speaker 3: I'd like to bring that to Seattle.
• 20:23
  Speaker 2: So one of the unique parts and what AI uniquely enables,
• 20:28
  Speaker 2: if a kid say they're interested in music, every lesson
• 20:32
  Speaker 2: can be taught in the context of musical instruments. If
• 20:36
  Speaker 2: they say they're interested in football or baseball, lessons can
• 20:40
  Speaker 2: change dynamically to their interests. It's pretty amazing to watch
• 20:45
  Speaker 2: how much more engaging it becomes for kids when they
• 20:50
  Speaker 2: do this. There's also, of course, I know probably not
• 20:55
  Speaker 2: a lot of people covering education here, but an amazing
• 21:00
  Speaker 2: opportunity to save a lot of money on paying publishers. 30,
• 21:05
  Speaker 2: 40 million students, like I said.
• 21:08
  Speaker 11: Use.
• 21:10
  Speaker 2: Textbooks composed on the CK-12 website that are custom for
• 21:15
  Speaker 2: that teacher. So I would suspect hundreds of millions of
• 21:20
  Speaker 2: dollars are spent on textbooks in the state and in
• 21:24
  Speaker 2: the area. And that's all money that can go into
• 21:27
  Speaker 2: a kitty that hopefully can be, I'll leave it to
• 21:31
  Speaker 2: the school board and the teachers to discuss how to
• 21:35
  Speaker 2: use it.
• 21:38
  Speaker 14: Masvid Amara-Eri with the CascadiaSports.net. And since player decisions have
• 21:44
  Speaker 14: to go through the family, I'm wondering for you all,
• 21:47
  Speaker 14: what are those traits that make up a Seahawk player
• 21:50
  Speaker 14: on and off the field?
• 21:53
  Speaker 7: I just think it's too early. We don't, you know, like,
• 21:58
  Speaker 7: I think that's John and Mike stuff.
• 22:07
  Speaker 1: Those kinds of things, not so much in terms of skill.
• 22:11
  Speaker 1: Got it.
• 22:11
  Speaker 7: Like, you know, I think, I don't know if you
• 22:15
  Speaker 7: want to.
• 22:17
  Speaker 2: Look, the most important goal here is winning. Let's be clear.
• 22:25
  Speaker 2: And winning for Seattle. Every player has their own priorities,
• 22:33
  Speaker 2: and I don't think The organization.
• 22:36
  Speaker 1: Itself will dictate priorities. Some will be.
• 22:42
  Speaker 2: Left, some will be extreme left, some will be right,
• 22:44
  Speaker 2: some will be extreme right. And I think every player
• 22:49
  Speaker 2: has to have their own priorities and values. I do
• 22:55
  Speaker 2: think as an organization, it should have strong values. I've
• 22:59
  Speaker 2: gotten in trouble often for sticking with values, but it's
• 23:04
  Speaker 2: part of the thing. So I hope we set a
• 23:07
  Speaker 2: culture of strong values in the organization. I would definitely
• 23:12
  Speaker 2: like to recommend that to management. Be very, very clear
• 23:17
  Speaker 2: on values. What do we believe in?
• 23:23
  Speaker 15: Tim Booth from the Seattle Times, right here. I'm wondering
• 23:27
  Speaker 15: if you could walk through the process of how you
• 23:30
  Speaker 15: brought on your minority investors and what kind of relationships
• 23:34
  Speaker 15: you might have had with them before they decided to
• 23:38
  Speaker 15: join your investment.
• 23:40
  Speaker 1: Well, some I've known for a while. Sameer, are you here?
• 23:46
  Speaker 2: We've worked together for 20 some years in our firm.
• 23:51
  Speaker 2: We co-founded it together, so that one's easy. Others I've
• 23:56
  Speaker 2: known from the tech community. And then there's others, Jesse,
• 24:00
  Speaker 2: are you here? Way back there, say hello to Jesse.
• 24:07
  Speaker 2: We met in the process. So there's a wide range
• 24:12
  Speaker 2: and we wanted some people from Seattle, so there's a
• 24:16
  Speaker 2: couple of people in the team from Seattle. And a
• 24:19
  Speaker 2: couple of names that aren't disclosed because they didn't want
• 24:21
  Speaker 2: to be public about it. I would say one of
• 24:27
  Speaker 2: the things the NFL didn't give.
• 24:29
  Speaker 1: Us is a lot of time.
• 24:30
  Speaker 2: So we had to put together this thing, as Roger
• 24:33
  Speaker 2: Goodell said, for the owners meeting in August, when originally
• 24:40
  Speaker 2: the plan was to get it done in the owners
• 24:42
  Speaker 2: meeting in October. So we did, it was a rushed process,
• 24:46
  Speaker 2: but it turned out beautifully. And I think we are very,
• 24:49
  Speaker 2: very happy with the group we put together.
• 24:51
  Speaker 7: And I might just add, probably spent a lot more
• 24:54
  Speaker 7: time going through and meeting with just hundreds of people.
• 24:59
  Speaker 7: As you might expect, everybody wants to be a part
• 25:02
  Speaker 7: of the NFL.
• 25:04
  Speaker 11: And I think the.
• 25:05
  Speaker 7: Group that we settled on have a lot of shared
• 25:08
  Speaker 7: values in terms of being passionate about football, being passionate
• 25:12
  Speaker 7: about this team and this region. And generally, I think
• 25:16
  Speaker 7: what you'll find, many of them are here beyond the
• 25:19
  Speaker 7: ones that my dad called out. They're all pretty... humble
• 25:23
  Speaker 7: and pretty approachable. And I think that's unique when you're
• 25:26
  Speaker 7: talking about people who have the capacity to invest in
• 25:31
  Speaker 7: things like this where, you know, they understand they're part
• 25:34
  Speaker 7: of a group and they understand they're part of an
• 25:35
  Speaker 7: organization with a set of values that are about being,
• 25:42
  Speaker 7: you know, a group and not kind of about any
• 25:45
  Speaker 7: one person. And so, you know, I think you go
• 25:49
  Speaker 7: into VMAC and it's the team, the team, the team.
• 25:51
  Speaker 7: And I think we really selected for people who have
• 25:54
  Speaker 7: that same kind of mindset. And it comes through in
• 25:57
  Speaker 7: the process very, very clearly when you spend time with people,
• 26:01
  Speaker 7: whether they're about themselves or about the team.
• 26:06
  Speaker 10: Jen Mueller with the Seahawks broadcast team. Neil, you were
• 26:09
  Speaker 10: talking about values. When it comes to the characteristics that
• 26:12
  Speaker 10: you wanted to align with all of the other business
• 26:15
  Speaker 10: interests that you've had, what were you looking for in
• 26:18
  Speaker 10: the Seahawks?
• 26:19
  Speaker 1: What did you find?
• 26:20
  Speaker 10: That aligned with what you believe is a good organization?
• 26:24
  Speaker 2: Look, most of my business interests are my venture firm.
• 26:31
  Speaker 2: And there's a video on what the venture firm does. Dave,
• 26:35
  Speaker 2: have you shared it? We'll be happy to share a
• 26:39
  Speaker 2: video of what we invest in. Almost all of it
• 26:44
  Speaker 2: is technology-based impactful investments. So whether it's a cure for
• 26:50
  Speaker 2: cancer or better transportation, a lot in climate, a lot
• 26:56
  Speaker 2: in AI, a lot in national defense, I'd say a
• 27:03
  Speaker 2: wide range. Public transit is one of my favorites. I
• 27:09
  Speaker 2: do think there's a very different approach to public transit
• 27:12
  Speaker 2: that's possible I won't go into. Here, so look at
• 27:16
  Speaker 2: the video and then I'm happy to talk about any
• 27:20
  Speaker 2: of the 150 or so investments in that video. Each
• 27:25
  Speaker 2: one is something I'm passionate about doing. And that will
• 27:32
  Speaker 2: come across, I would say we are one of the
• 27:34
  Speaker 2: few firms where impact is probably as important as investment returns.
• 27:42
  Speaker 2: My business goal is to have good enough investment returns
• 27:46
  Speaker 2: so we can keep getting licensed to do the impact,
• 27:49
  Speaker 2: and it's very fun. It's all breakthrough technology, rocket space,
• 27:58
  Speaker 2: Mach 5 aircraft, you name it.
• 28:02
  Speaker 1: Wide, wide range.
• 28:07
  Speaker 2: Neil himself works on AI primary care doctors. which really
• 28:12
  Speaker 2: should be free for everybody in the country eventually and
• 28:17
  Speaker 2: will happen. So wide range of impactful things in a
• 28:21
  Speaker 2: number of areas, all based on technology, but I don't
• 28:25
  Speaker 2: think it intersects with football in any major way.
• 28:31
  Speaker 1: Football is a passion.
• 28:33
  Speaker 2: Neil and I, I fell in love a long time
• 28:36
  Speaker 2: ago with the NFL, and Neil and I have been
• 28:39
  Speaker 2: football fans for a very long time.
• 28:42
  Speaker 7: So.
• 28:45
  Speaker 16: Yeah, I had two of them here, if that's OK.
• 28:47
  Speaker 16: Mike Sando from The Athletic, same house since 2001. If
• 28:51
  Speaker 16: you wanted to trade, I'm sure we could work something out.
• 28:55
  Speaker 16: I would like each of you to answer the question,
• 28:58
  Speaker 16: what is it about owning a team that you think
• 29:02
  Speaker 16: will be fulfilling? I say that because I think we
• 29:04
  Speaker 16: can learn a lot about owners. They're all different in
• 29:06
  Speaker 16: what they get out of.
• 29:07
  Speaker 5: It, of owning a team.
• 29:09
  Speaker 16: Do you have an idea what makes it exciting to
• 29:12
  Speaker 16: you Because you could all officially buy tickets and be
• 29:14
  Speaker 16: a fan of a team, but what is it about
• 29:16
  Speaker 16: the actual owning?
• 29:17
  Speaker 2: Yeah, let me put it this way. As a family,
• 29:21
  Speaker 2: one you will find, we are very approachable. Nothing fancy.
• 29:24
  Speaker 2: We don't like fancy stuff. I would almost say I'm... He.
• 29:31
  Speaker 1: Got his jacket shipped from Italy.
• 29:32
  Speaker 6: What are we talking about here?
• 29:36
  Speaker 1: So we're a very, very close family.
• 29:39
  Speaker 7: Yeah.
• 29:40
  Speaker 2: And I do think a team like the Seahawks can
• 29:44
  Speaker 2: be an extension of the family. So if you ask
• 29:47
  Speaker 2: me three or four years from now what I hope
• 29:49
  Speaker 2: to achieve, the team operates like a family. And it's
• 29:53
  Speaker 2: an extension of the family, dramatically improves the quality of
• 29:57
  Speaker 2: life if you have an An extended family that truly cares.
• 30:01
  Speaker 2: So that's what I hope we can get to over
• 30:06
  Speaker 2: the next couple of years, is operate like an extended family.
• 30:10
  Speaker 5: Very good.
• 30:10
  Speaker 16: The last one was, what type of physical presence do
• 30:14
  Speaker 16: you anticipate having in the building, just as an owner?
• 30:18
  Speaker 2: I suspect we'll be here a fair amount. We haven't
• 30:23
  Speaker 2: laid out a schedule we don't want to get in
• 30:25
  Speaker 2: anybody's way, per se. but be here enough where we
• 30:29
  Speaker 2: are available always.
• 30:31
  Speaker 7: Yeah.
• 30:32
  Speaker 1: Dave, I lied.
• 30:33
  Speaker 7: One more.
• 30:33
  Speaker 1: I wouldn't be calling Mike McDonald just before the game.
• 30:37
  Speaker 5: Yeah, right.
• 30:38
  Speaker 1: A couple hours before, right?
• 30:40
  Speaker 7: Yeah.
• 30:41
  Speaker 16: No, AI and your excitement over it, I share. There's
• 30:45
  Speaker 16: been in the news today, I think somebody quit from Anthropics,
• 30:48
  Speaker 16: saying it's going to mark the end of the world.
• 30:50
  Speaker 16: Sort of where are you on all of that, right?
• 30:54
  Speaker 7: Yep.
• 30:55
  Speaker 2: No matter what you want to report, somebody said it.
• 31:00
  Speaker 2: So you decide what you want to report and you
• 31:02
  Speaker 2: can find on the net somebody who said it. So
• 31:06
  Speaker 2: how extreme you get, there's all kinds of opinions in Entropic.
• 31:14
  Speaker 2: Would Dario, who's the CEO of Entropic, be running the
• 31:18
  Speaker 2: company if he thought it would destroy humanity in ten
• 31:22
  Speaker 2: days or ten years? I don't think so. What I
• 31:27
  Speaker 2: would say is the following. Any powerful technology has benefits
• 31:33
  Speaker 2: and negatives. Whether you're talking about nuclear, whether it's for
• 31:39
  Speaker 2: power or bombs, whether you're talking about biotechnology for great
• 31:45
  Speaker 2: medicine or bioweapons, AI is that kind of powerful technology.
• 31:51
  Speaker 2: And because of that, As a society, we have to
• 31:56
  Speaker 2: harness the benefits and manage the downsides. And people are
• 32:03
  Speaker 2: paying reasonably good attention to it. Look, there's three billion
• 32:07
  Speaker 2: people on the planet who have no access to education, healthcare,
• 32:14
  Speaker 2: even basic legal services. I believe it's relatively possible in
• 32:19
  Speaker 2: the next five to ten years to make All that
• 32:25
  Speaker 2: available to all people on the planet.
• 32:28
  Speaker 1: Now, we shouldn't give that up.
• 32:31
  Speaker 2: And the AI companies have done a terrible job of
• 32:35
  Speaker 2: showing the benefits that AI can bring. They're focused on
• 32:39
  Speaker 2: competing with each other, which is a shame. They're focused
• 32:44
  Speaker 2: on what are the negatives. I hope We manage it well.
• 32:50
  Speaker 2: Part of it is policy in Washington. And I've been
• 32:53
  Speaker 2: pretty involved in AI policy in the past. So it's
• 32:59
  Speaker 2: a job of balancing the good and the bad.
• 33:02
  Speaker 3: Might I add something here? Historically, when you look at
• 33:07
  Speaker 3: history of humans, one thing you see that humans always
• 33:13
  Speaker 3: played games, no matter what level of humanity we had.
• 33:19
  Speaker 3: So when you think about that, games truly taught us
• 33:23
  Speaker 3: to be, you know, cohesive, to play as a team together,
• 33:29
  Speaker 3: as well as have competition. And truly, NFL is a
• 33:33
  Speaker 3: great example of that, which keeps us going as human beings.
• 33:41
  Speaker 3: So for me, being a part of a great traditional,
• 33:47
  Speaker 3: you know, Games value, which teaches all of us how
• 33:52
  Speaker 3: do you resolve conflict? How do you work together? What
• 33:56
  Speaker 3: strengths do you bring? That's what it's all about. Society
• 34:00
  Speaker 3: works best when you can balance all this. So for me,
• 34:06
  Speaker 3: I think owning this team, you could really kind of
• 34:13
  Speaker 3: highlight these things. So for me, this is what owning
• 34:18
  Speaker 3: this team means because it's a great example of how
• 34:23
  Speaker 3: you're bringing community and you're bringing a lot of these things.
• 34:28
  Speaker 3: So we have a great society here. And hopefully we
• 34:33
  Speaker 3: can duplicate that for the rest of the world. So
• 34:36
  Speaker 3: that's for me.
• 34:37
  Speaker 2: Thank you.
• 34:41
  Speaker 1: Thank you, everybody, for coming.
• 34:42
  Speaker 5: Thank you, yes.
• 34:43
  Speaker 8: Thank you.