He is deliberate in his investment strategy to bring a positive impact to the community. Operating under the philosophy that true success is making others successful, he is one of the leading investors in a number of minority-owned tech companies that include Uncharted Power, an award-winning power and data infrastructure technology company ShotTracker, a company that makes wearable technology for basketball players that helps track player and ball movement Jopwell, a diversity and hiring recruiting platform and MiTú, the Latino-fueled media brand and digital network that connects thousands of Latin content creators with viewers around the world. The firm raised a fund committed to investing millions of dollars in infrastructure improvement in the United States. In 2015, Magic Johnson Enterprises and Loop Capital formed an alliance to create MJE-Loop Capital Partners. The Lansing native is constantly evolving and remaining relevant in a dynamic digital age by broadening his scope into infrastructure and technology. He currently has controlling interests in EquiTrust, a $20 billion financial services company, and SodexoMAGIC, a food service, and facilities management company. Johnson continues to expand his influence through a number of other investments. He also co-owns the Los Angeles Sparks of the WNBA, Major League Soccer’s Los Angeles Football Club, and eSports franchise Team Liquid. It was the highest purchase price for any professional sports team at the time. After retiring from professional basketball, Magic has since turned his interest into entrepreneurship and is a leading spokesperson on HIV education. Still a commanding presence in the sports world, he made history in 2012 when he became co-owner of the Los Angeles Dodgers, a Major League Baseball franchise that was purchased for an astronomical $2 billion dollars. Prior to being diagnosed with HIV in 1991, Magic Johnson was the number one pick of the 1979 NBA Draft and one of the most talented and decorated players in the history of the NBA. Both ventures served as catalysts for redevelopment in urban communities, and are widely recognized as the corporate blueprint for engagement and success with urban consumers across America. In 1998, he teamed with Starbucks to become the only franchisee in the history of the company, acquiring and eventually selling 125 stores in a lucrative move that further solidified his position in the business world. In his early years as an entrepreneur, he forged an alliance with Sony Pictures to develop Magic Johnson Theatres. For the last two decades, Johnson has consistently turned heads with his unprecedented partnerships. Magic Johnson is the now Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment conglomerate that provides high-quality products and services that focus primarily on ethnically diverse and underserved urban communities. Often regarded as the best point guard of all time, Johnson is also considered to be one of the greatest players in NBA history. (born August 14, 1959) is an American former professional basketball player and former president of basketball operations of the Los Angeles Lakers of the National Basketball Association (NBA). Learn more at Of The Greatest Basketball Players In HistoryĮarvin “Magic” Johnson Jr. Conference highlights include 5,000 attendees, up to a $5M pitch competition, six innovation studio tracks, thought leaders from across the globe, over 220 speakers and more. The conference focuses on bringing together disparate stakeholders across sectors to enable creative collisions. Media Contact for more information or to request media credentials for Rally.Ībout Rally Rally is the largest cross-sector innovation conference and is being hosted in Indianapolis from August 29-31, 2023. Discount pricing is available and in effect until early July. Information about the pitch competition, demo arena, speakers, sessions and tickets is available now at The event runs August 29-31 at the Indiana Convention Center, and 5,000 attendees are expected. Attendees will have opportunities to interact with fellow participants and experts across six innovation studios: Software, Ag & Food, Healthcare, SportsTech, HardTech and Entrepreneurship. The first-of-its-kind event offers an up to $5 million pitch competition, content sessions featuring more than 220 industry experts, face-to-face investor meetups, workshops and an innovation demo arena. The inaugural event will also feature top business podcaster Guy Raz and renowned radio host Moira Gunn, among 220 additional speakers who will facilitate sessions, participate in expert panels or judge the pitch competition. Rally brings together companies, universities, entrepreneurs and investors from around the world to forge the creative, cross-sector collisions that power innovation.
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