Owner – Golden State Warriors
In his role as Co-Executive Chairman, CEO and Governor, Joe Lacob is the managing member of the Golden State Warriors’ new ownership group. He will also serve on the NBA Board of Governors. Lacob’s NBA and professional sports experience dates back over two decades, including a recent five-year tenure as minority owner of the Boston Celtics, where he served on the basketball committee. He earned an NBA World Championship ring with the storied franchise before selling his minority stake and making an NBA record-setting bid to purchase his hometown NBA club – a longtime dream of the Atherton resident.
Lacob has been a partner of Menlo Park, California, based Kleiner Perkins Caufield & Byers since 1987. Though still an active partner in the firm, he is relinquishing his managing partner role in order to pursue his lifelong goal of owning and operating an NBA team. In his role as a venture capitalist, he has led investments in over 50 start-up companies across multiple fields in life sciences and medical technologies, the internet and energy. Lacob’s recent successes include now public companies such as eHealthInsurance.com, Nuvasive, Align Technology and Orexigen. Lacob is also the sole venture investor alongside Cox Communications in creating and developing the rapidly growing AutoTrader.com. His recent investment focus in alternative energy includes an investment in SunDrop Fuels, a solar-based fuels company. Lacob’s firm, KPCB, has also produced major venture successes such as Google, Genentech, and Juniper Networks among its investments.
Prior to joining Kleiner Perkins, Lacob was an executive with Cetus Corporation, FHP International, a health maintenance organization, and the management consulting firm of Booz, Allen & Hamilton.
Lacob received a Bachelor’s in Biological Sciences from the University of California-Irvine, a Master’s in Public Health (Epidemiology) from UCLA and an M.B.A. from the Stanford Graduate School of Business. He credits his master’s degree in Epidemiology (biostatistics) with providing him with a background in statistics that helped drive his passion for sports. It also played a role in his decision to invest in Sportsline – one of the first sports internet sites – and one of Lacob’s earliest sports success stories.
He was also a primary investor and pioneer of the American Basketball League, a professional women’s basketball league that eventually lost out to the WNBA. Lacob credits that experience with driving him to join in with the established NBA, against his natural entrepreneurial instincts. Lacob also was and continues as one of the original partners in the Pebble Beach Company, an effort formed to bring the historic Pebble Beach resort and golf course back to long term American ownership. Additionally, Lacob has been involved with Stanford basketball for over 25 years and is a fixture in his courtside seats at Maples Pavilion.
Lacob currently serves on the Board of Directors of two public companies, Align Technology and Orexigen, as well as several other privately-held companies, including AltaRock Energy, Autonomic Technologies, AutoTrader.com, Neuropace, Ophthonix, Therox and TransMedics.
Lacob is actively involved in industry organizations including the American Heart Association and the AHA Roundtable. He is also very involved at Stanford University, serving on advisory boards at the Medical Center, Business School and Athletic Department. Lacob’s philanthropic interests focus on education, both in the community and with universities. He has also provided scholarships to a number of high potential academic and athletic high school and college students in need.
Joe is an avid golfer, whose talents were recently on display at historic Pebble Beach, where he participated in the 2010 AT&T National Pro-Am. He has played in a regular pick-up basketball game, and still does, at least twice weekly for over 30 years. Most importantly for Warriors’ fans, Lacob has been a passionate fan of the Bay Area club that he now owns – supporting his local franchise as a loyal and dedicated season ticket holder since 1998.