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Nike (Audio)

Nike — it’s perhaps the most iconic and most prolific brand of the modern era. On any given day, swooshes adorn the feet of more people on earth than any other footwear company — by a long shot. If you read Shoe Dog or watched Air, you may think you know its history. But Shoe Dog ends in 1980, and Air… well let’s just say it’s an enjoyable piece of fiction. And it turns out (as always) that the real story is filled with far more drama, twists and business lessons than either of those works. We’ve been wanting to cover Nike for a long time, and thanks to our LPs who voted to choose this episode it’s finally here. So lace up your Vaporflys, Air Maxes, Dunks or Jordans (or your Monarchs, hey we don’t judge), head out for a long run or walk and enjoy! *Links:* Episode sources: https://www.acquired.fm/episodes/nike#sources *Carve Outs:* - Marc Andreessen on Lex Fridman: https://lexfridman.com/marc-andreessen/ - Marc Andreessen on Ben Thompson: https://stratechery.com/2023/an-interview-with-marc-andreessen-about-ai-and-how-you-change-the-world/ - Speak Now (Taylor’s Version): https://open.spotify.com/album/5AEDGbliTTfjOB8TSm1sxt *More Acquired:* - Get email updates https://www.acquired.fm/email and vote on future episodes! - Join the Slack http://acquired.fm/slack - Check out the latest swag in the ACQ Merch Store https://www.acquired.fm/store! _Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions._

Ben GilberthostDavid Rosenthalhost
Jul 25, 20234h 3mWatch on YouTube ↗

Episode Details

EPISODE INFO

Released
July 25, 2023
Duration
4h 3m
Channel
Acquired
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

Nike — it’s perhaps the most iconic and most prolific brand of the modern era. On any given day, swooshes adorn the feet of more people on earth than any other footwear company — by a long shot. If you read Shoe Dog or watched Air, you may think you know its history. But Shoe Dog ends in 1980, and Air… well let’s just say it’s an enjoyable piece of fiction. And it turns out (as always) that the real story is filled with far more drama, twists and business lessons than either of those works. We’ve been wanting to cover Nike for a long time, and thanks to our LPs who voted to choose this episode it’s finally here. So lace up your Vaporflys, Air Maxes, Dunks or Jordans (or your Monarchs, hey we don’t judge), head out for a long run or walk and enjoy! *Links:* Episode sources: https://www.acquired.fm/episodes/nike#sources *Carve Outs:*

*More Acquired:*

_Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions._

SPEAKERS

  • Ben Gilbert

    host
  • David Rosenthal

    host

EPISODE SUMMARY

In this episode of Acquired, featuring Ben Gilbert and David Rosenthal, Nike (Audio) explores nike’s rise: distribution hustle, athlete marketing, and scale flywheel dominance The episode traces Nike from Phil Knight’s Stanford business plan and Blue Ribbon Sports’ car-trunk sales of Onitsuka Tiger shoes to building Nike’s own manufacturing network and iconic products like the Cortez and Waffle Trainer.

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