Golden State Warriors Owner | Joe Lacob

 

About Joe Lacob

Lacob’s NBA and professional sports experience dates back over two decades, including a five-year tenure as a minority owner of the Boston Celtics, where he served on the basketball committee. He earned an NBA World Championship ring with the storied franchise before selling his minority stake and making an NBA record-setting bid to purchase his hometown NBA club – a longtime dream of the Atherton resident. Since purchasing the Warriors and assuming control of the team on November 12, 2010, Lacob has been the driving force behind many of the creative changes that have transpired with the organization, including several prominent personnel additions and an emphasis on transparency. This past summer, during his first full offseason as owner, he recruited two of the most experienced, successful and respected individuals in NBA circles to join the organization, landing NBA Hall of Famer and basketball icon Jerry West as an executive board member, and hiring longtime league and team executive Rick Welts as president and chief operating officer. Additionally, Lacob played a significant role in the hiring of Mark Jackson as head coach, as well as the hiring of successful sports agent Bob Myers as assistant general manager/vice president of basketball operations. In an effort to connect directly with the team’s fans and open the lines of communication, Lacob answers questions from fans via the Owners’ Box feature on the team’s website and frequently conducts in-studio interviews with local radio and TV outlets. In September, he spoke directly to nearly 3,000 of the team’s Season Ticket Holders at an exclusive event at Oracle Arena.

Lacob has been a partner of Menlo Park, California, based Kleiner Perkins Caufield & Byers since 1987. Though still an active partner in the firm, he has relinquished his managing partner role in order to pursue his lifelong goal of owning and operating an NBA team. In his role as a venture capitalist, he has led investments in over 50 start-up companies across multiple fields in life sciences and medical technologies, the internet and energy. Prior to joining Kleiner Perkins, Lacob was an executive with Cetus Corporation, FHP International, a health maintenance organization, and the management consulting firm of Booz, Allen & Hamilton.

Lacob received a Bachelor’s in Biological Sciences from the University of California-Irvine, a Master’s in Public Health (Epidemiology) from UCLA and an M.B.A. from the Stanford Graduate School of Business. He credits his master’s degree in Epidemiology (biostatistics) with providing him with a background in statistics that helped drive his passion for sports. It also played a role in his decision to invest in Sportsline – one of the first sports internet sites – and one of Lacob’s earliest sports success stories. He was also a primary investor and pioneer of the American Basketball League, a professional women’s basketball league that eventually lost out to the WNBA. Lacob also was and continues as one of the original partners in the Pebble Beach Company, an effort formed to bring the historic Pebble Beach resort and golf course back to long term American ownership. Additionally, Lacob has been involved with Stanford basketball for over 25 years and is a fixture in his courtside seats at Maples Pavilion. Lacob currently serves on the Board of Directors of one public company, Align Technology, as well as several other privately-held companies, including Autonomic Technologies, NeuroPace, Therox, SunDrop Fuels and TransMedics.

In recent years, Lacob has been involved in industry organizations including the American Heart Association and the AHA Roundtable. He has also been very active at Stanford University, serving on advisory boards at the Medical Center, Business School and Athletic Department. Lacob’s philanthropic interests focus on education, both in the community and with universities. He has also provided scholarships to a number of high potential academic and athletic high school and college students in need.

An avid golfer, Joe has been a longtime participant in the AT&T National Pro-Am at Pebble Beach. He has played in a regular pick-up basketball game, and still does, at least twice weekly for over 30 years at Stanford and occasionally joins Warriors employees in pick-up games at the team’s facility. Most importantly for Warriors’ fans, Lacob has been a passionate fan of the Bay Area club that he now owns – supporting his local franchise as a loyal and dedicated Season Ticket Holder since 1998.

 

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This transcript was generated by software and may not accurately reflect exactly what was said.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

 

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

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The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more.

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

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MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  I’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

 

    Joe Lacob on Alan Olsen's American Dreams Radio
    Joe Lacob

    Lacob’s NBA and professional sports experience dates back over two decades, including a five-year tenure as a minority owner of the Boston Celtics, where he served on the basketball committee. He earned an NBA World Championship ring with the storied franchise before selling his minority stake and making an NBA record-setting bid to purchase his hometown NBA club – a longtime dream of the Atherton resident. Since purchasing the Warriors and assuming control of the team on November 12, 2010, Lacob has been the driving force behind many of the creative changes that have transpired with the organization, including several prominent personnel additions and an emphasis on transparency. This past summer, during his first full offseason as owner, he recruited two of the most experienced, successful and respected individuals in NBA circles to join the organization, landing NBA Hall of Famer and basketball icon Jerry West as an executive board member, and hiring longtime league and team executive Rick Welts as president and chief operating officer. Additionally, Lacob played a significant role in the hiring of Mark Jackson as head coach, as well as the hiring of successful sports agent Bob Myers as assistant general manager/vice president of basketball operations. In an effort to connect directly with the team’s fans and open the lines of communication, Lacob answers questions from fans via the Owners’ Box feature on the team’s website and frequently conducts in-studio interviews with local radio and TV outlets. In September, he spoke directly to nearly 3,000 of the team’s Season Ticket Holders at an exclusive event at Oracle Arena.

    Lacob has been a partner of Menlo Park, California, based Kleiner Perkins Caufield & Byers since 1987. Though still an active partner in the firm, he has relinquished his managing partner role in order to pursue his lifelong goal of owning and operating an NBA team. In his role as a venture capitalist, he has led investments in over 50 start-up companies across multiple fields in life sciences and medical technologies, the internet and energy. Prior to joining Kleiner Perkins, Lacob was an executive with Cetus Corporation, FHP International, a health maintenance organization, and the management consulting firm of Booz, Allen & Hamilton.

    Lacob received a Bachelor’s in Biological Sciences from the University of California-Irvine, a Master’s in Public Health (Epidemiology) from UCLA and an M.B.A. from the Stanford Graduate School of Business. He credits his master’s degree in Epidemiology (biostatistics) with providing him with a background in statistics that helped drive his passion for sports. It also played a role in his decision to invest in Sportsline – one of the first sports internet sites – and one of Lacob’s earliest sports success stories. He was also a primary investor and pioneer of the American Basketball League, a professional women’s basketball league that eventually lost out to the WNBA. Lacob also was and continues as one of the original partners in the Pebble Beach Company, an effort formed to bring the historic Pebble Beach resort and golf course back to long term American ownership. Additionally, Lacob has been involved with Stanford basketball for over 25 years and is a fixture in his courtside seats at Maples Pavilion. Lacob currently serves on the Board of Directors of one public company, Align Technology, as well as several other privately-held companies, including Autonomic Technologies, NeuroPace, Therox, SunDrop Fuels and TransMedics.

    In recent years, Lacob has been involved in industry organizations including the American Heart Association and the AHA Roundtable. He has also been very active at Stanford University, serving on advisory boards at the Medical Center, Business School and Athletic Department. Lacob’s philanthropic interests focus on education, both in the community and with universities. He has also provided scholarships to a number of high potential academic and athletic high school and college students in need.

    An avid golfer, Joe has been a longtime participant in the AT&T National Pro-Am at Pebble Beach. He has played in a regular pick-up basketball game, and still does, at least twice weekly for over 30 years at Stanford and occasionally joins Warriors employees in pick-up games at the team’s facility. Most importantly for Warriors’ fans, Lacob has been a passionate fan of the Bay Area club that he now owns – supporting his local franchise as a loyal and dedicated Season Ticket Holder since 1998.

    Alan Olsen on Alan Olsen's American Dreams Radio
    Alan Olsen

    Alan is managing partner at Greenstein, Rogoff, Olsen & Co., LLP, (GROCO) and is a respected leader in his field. He is also the radio show host to American Dreams. Alan’s CPA firm resides in the San Francisco Bay Area and serves some of the most influential Venture Capitalist in the world. GROCO’s affluent CPA core competency is advising High Net Worth individual clients in tax and financial strategies. Alan is a current member of the Stanford Institute for Economic Policy Research (S.I.E.P.R.) SIEPR’s goal is to improve long-term economic policy. Alan has more than 25 years of experience in public accounting and develops innovative financial strategies for business enterprises. Alan also serves on President Kim Clark’s BYU-Idaho Advancement council. (President Clark lead the Harvard Business School programs for 30 years prior to joining BYU-idaho. As a specialist in income tax, Alan frequently lectures and writes articles about tax issues for professional organizations and community groups. He also teaches accounting as a member of the adjunct faculty at Ohlone College.

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