I don't think Philadelphia's challenge is in coming up with great ideas or having great founders. I think the real challenge is keeping them here.

The Philadelphia region does have capital, but there's no concentration of it.

I really believe that if capital doesn't come to the entrepreneurs, the entrepreneurs have no choice but to go to the capital.

I don't think a lot of people have been entrepreneurial about venture capital.

I had to figure out how to survive in New York, and most of my time was occupied in getting an apartment and getting money. A lot of older jazz guys looked out for me and found me gigs and places to stay.

Philanthropy is all about sharing. If there's an opportunity to collaborate, we will. Collaborating just for finance is pointless. It has to be like a business collaboration.

And I want to do it the right way, like everybody else, not just a famous figurehead that gets a job because he is a famous basketball player. I want to really learn the business.

I didn't come from a wealthy family. My dad told us if we wanted spending money, we had to earn it. So I developed an early work ethic.