The Charlie Shrem Show podcast

Financializing Culture and Collectibles with Matt Kalish

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Matt Kalish is President of DraftKings North America. DraftKings is a platform that offers daily fantasy sports, sports betting, and gambling products. Users can access the products via the firm’s website as well as by downloading its mobile app. Users can play and bet games in a variety of sports and leagues, including the NBA, NFL, MLB, NHL, or soccer leagues like the Premier League. Matt co-founded DraftKings in 2012 and is accountable for all North America revenue, bringing together all marketing, operations, and related analytics functions. Matt unifies leadership for all marketing functions as well as related analytics teams. He has acted as Chief Revenue Officer before transitioning into his role as President, DraftKings North America. Matt is a lifelong fan of fantasy sports, sports betting, and strategy games, combining his experience in corporate analytics and e-commerce to become the “game master” of DraftKings.  Due to Kalish’s foresight and guidance preparing for the overturn of PASPA, DraftKings Sportsbook was the first legal, online, and mobile sports betting platform in New Jersey – the first state outside of Nevada to legalize sports betting. Kalish has been named to SBJ’s class of 2019 “Forty Under 40” for all of his excellence and innovation. In our conversation, we discuss NFTs and digital collectibles, the dawn of the digital cultural renaissance, DraftKings and Entrepreneurship, sports, and pop culture. We begin our conversation by discussing the NFTs and community building. Matt does an excellent job at detailing how NFTs are pushing the evolution of digital identities forward. We also discuss the importance of community within Web3. Our conversations transitions to how Matt and his co-founders built DraftKings into one of largest sports media and gambling franchises. We dive deep into the importance of missionary founders to the long-term growth of a company and Matt gives excellent advice about some of his best practices for operating and leading an organization. Our discussion pivots from entrepreneurship and company building to NFTs and culture. We discussed the NFT project Bored Ape Yacht Club. The discussion focuses on how the project has been able to execute so well and what makes the project so appealing to the broader public. This conversation leads us to discuss the future of the NFT landscape. We go on to discuss DraftKings push into NFTs with their new "NFT Marketplace." Matt breaks down the unique cultural fit that has fostered the adoption of NFTs within the Sports industry. We also discuss the barriers that Film/movie studios are facing could be slowing their adoption of NFTs. We finish our conversation by discussing advice and best practices for investing in NFTs. Please enjoy my conversation with Matt Kalish.

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