Thursday, 9 August 2012

Venky Mysore-CEO-Kolkata Knight Riders

This is the story of remarkable turnaround from Team KKR who won IPL-4-  "We applied the Moneyball strategy of deep analytics to rebuild our team afresh. Of the 15 players, everyone was surprised when we had used up $ 5.4 MM of our $9M in the first 40 minutes of Day1 in what is a 3 Day auction process, but I only paid a maximum of $500K for any of the other twelve."

My video chat with Venky Mysore, that outlines the fascinating story of the Indian Premier League   (#IPL) team Kolkata Knight Riders' turnaround to becoming the winner of IPL4- through the eyes of the man who made it happen- Venky Mysore, the CEO of KKR.

In this video, Venky talks about how he applied the "MoneyBall" strategy- a  Michael Lewis Book  turned hollywood blockbuster  that chronicles how Billy Beane  , the US Major League Baseball (#MLB)  Oakland Athletics's  General Manager , using statistical analytics, built up one of the most successful teams in the MLB.

He also talks about the Business Model for an IPL team KKR is the first team that has broken-even in IPL, and how he sees it moving forward- he also delves into the valuation implications.

Finally, he signs off talking about Shah Rukh Khan  ... Very Exciting stuff.

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