Qualcomm CEO Paul Jacobs hopes to advance from mobile industry shot-caller to bona fide baller, joining Sacramento mayor Kevin Johnson’s bid to keep the city’s basketball team, the Sacramento Kings, from moving to Seattle. According to an Associated Press report, Jacobs is the latest addition to an investment group composed of billionaire investor Ron Burkle, TIBCO Software CEO Vivek Ranadivé, and 24 Hour Fitness founder Mark Mastrov.
I'm thrilled to welcome Qualcomm CEO Paul Jacobs to Sacramento! Another visionary who believes strongly in this market. #playingtowin
— Kevin Johnson (@KJ_MayorJohnson) March 26, 2013
But even though the Sacramento group reached a preliminary agreement with the city for a new $447 million ...
via The Verge - All Posts http://www.theverge.com/2013/3/26/4147902/qualcomm-ceo-paul-jacobs-joins-bid-to-keep-nba-kings-in-sacramento
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