Episode Overview
Title: From Wall Street to Owning Al-Kholood Football Club | Ben Harburg
Host: Chris D. Bentley
Guest: Ben Harburg
Date: November 6, 2025
This episode of the Social 333 Podcast features Ben Harburg, a multifaceted entrepreneur with a career spanning venture capital, commodities trading, sports ownership, and political activism. Host Chris Bentley and Ben dive into Ben’s unconventional journey from Wall Street beginnings to owning international football clubs, as well as his deep involvement in politics and his perspective on global power shifts, particularly the US–China dynamic. Throughout, Ben offers personal anecdotes and actionable insights into investing, geopolitics, and developing a maverick mindset.
Key Discussion Points & Insights
Ben Harburg’s “Three Buckets” of Career (01:11)
- Venture Capital & Growth Equity:
Investing in technology companies, both privately and via public ETFs. Ben has been an investor for about a decade, always aiming to be ahead of the market. - Sports Ownership:
Owns stakes in three football clubs (Spain, Mexico, Saudi Arabia) creating a multi-club group to foster synergy among teams. - Political Activism:
Deeply engaged in US politics—especially in his home state of New Mexico and in Washington, D.C.—as well as on global geopolitical issues.
“I split my life into kind of three buckets… venture capital and growth equity, sports ownership, and political activism.” (01:11, Ben Harburg)
Career Beginnings: Consulting to Commodities, Pivot to Tech (02:20 – 03:19)
- Started at Boston Consulting Group (BCG) in Germany and Dubai.
- Founded a mining and commodities trading company, specializing in physical and derivatives trading, becoming one of the largest in the region.
- Sold his stake and shifted to tech investment after being inspired by peers who were early Apple and Nest employees.
- Witnessed “secular growth” in tech and saw venture capital as “the next big thing.”
“I just sold everything I had out of my trading company and started investing in technology. That was a decade ago now.” (03:17, Ben Harburg)
The China Chapter: Understanding the G2 World (03:35 – 06:59)
- Commodities led Ben to China (2010–2011): Observed China’s evolution from replicating American tech to innovating world-class solutions.
- Ben’s interest came not from Sinophilia, but from seeing China as an essential market for anyone interested in global business or geopolitics.
- He frames the world as essentially a “G2”—U.S. and China as the dominant global players, with others as “side participants.”
- Compared the current US–China relationship to a Cold War scenario, with zones of influence and competition for geopolitical “swing states.”
“I feel like today we live in what we call a G2 world, where it’s just US and China and nothing else… Everyone else is kind of side participants.” (04:16, Ben Harburg)
“It has more of a feeling of a zero sum game today than it did even five years ago.” (06:04, Ben Harburg)
The Rise of the Middle East as a Business Hub (07:25 – 09:06)
- Shift in geopolitics: The Middle East is now the third major global business pole after the US and China.
- Europe’s decline: Describes Europe as “a great place to go for vacation,” but now “backwards” for business due to outdated labor laws, innovation, and immigration policies.
- Middle East, the new Switzerland: Cities like Dubai have become international “convening points” for business across continents, with savvy leaders navigating between global powers.
“The Middle East is kind of that new Switzerland, that new convening place.” (08:17, Ben Harburg)
Becoming a Football Club Owner (09:34 – 11:21)
- Ben sees football (soccer) as a unique mix of “religion, geopolitics, business, entertainment, and community.”
- Pushed by passion but driven by his investment discipline: Instead of waiting for opportunities, he’s proactive—contacted nearly every Spanish club for data and options, then chose his hometown Cadiz club based on both emotional tie and economic sense.
- Noted that being a club owner is like being a city’s mayor—loved if you win, hated if you lose.
“I realized that actually probably the best approach was actually to be an owner and not a fan.” (10:23, Ben Harburg)
Politics Meets Business: Why the Super-Rich Get Involved (13:04 – 14:39)
- For large businesses, political involvement isn’t optional; lobbying and campaign contributions are necessary to influence policy, remove regulatory barriers, and secure permits.
- Beyond economics, leaders like Bezos and Zuckerberg seek to shape the political environment for broader goals (“want America to win”).
- Discusses influence through campaign donations, think tanks, nonprofits, and research.
“Once you have a business of any scale in America, you have to have a lobbying organization, you have to be present in Washington.” (13:18, Ben Harburg)
“We want America to win, and we want to make sure that… regulation, the workforce enablement, the housing, the subsidies and cost offsets, whatever it is, are aligned so that American companies win, particularly as they compete with the Chinese.” (14:11, Ben Harburg)
Tech, Polarization, and the Loss of the Middle Ground (14:39 – 15:53)
- Discussion of how politics has become polarized, losing constructive, pragmatic centrism.
- Comparison to sports fandom: tribal, emotional, team-driven.
- News cycles now resemble ongoing entertainment rather than factual reporting.
“We’ve lost that middle. We’ve lost that kind of constructive, pragmatic middle. And it’s become very ideological, separated east and west, north and south, left and right.” (15:41, Ben Harburg)
Getting Into Venture Capital: Unconventional Paths (15:53 – 18:00)
- There is rarely a set path into VC—backgrounds vary from founders and journalists to technologists, operators, and even politicians.
- Many VCs start by making personal investments and building a track record.
- Success in VC requires “a lot of listening and a lot of really deep digging”—journalistic, inquisitive approach.
- Early-stage investment is human-driven; having conviction in the founder is key.
“There’s very few VC funds, for instance, have a prescribed hiring path that comes out of business school… A lot of venture capital is also just making your own personal investments like it sounded like you did, and doing well off of them and building your own track record.” (16:17, Ben Harburg)
“With venture, then usually it’s human-driven because you’re going so early in these businesses… You’ve got to really think deeply and have deep conviction in that founder.” (17:27, Ben Harburg)
Lessons from Ben’s Journey: If He Could Go Back (18:42 – 20:24)
- Ben thinks he would have benefited from spending time in top firms first (e.g., Trafigura or Sequoia) to learn best practices (“operating within a more controlled environment”) before starting his own thing.
- His direct approach—starting from scratch—taught him a lot, but in a less efficient, more trial-and-error manner.
“If I had had the benefit of spending a year or two at a Sequoia or a Benchmark… seen how the best did it, and then left to start my own thing… rather than trying to raise my own money, figure out my own investor relations, figured out my own investing strategy, hiring.” (19:30, Ben Harburg)
Where to Connect with Ben Harburg (20:24 – 21:08)
- Ben is highly active on social media:
Twitter & Instagram: @benharburg
He frequently appears on podcasts and major media, with much of his perspective available via Google search. - His former website now redirects to his sports holdings, but there’s a great archive of his views online.
“We do a lot of podcasts, a lot of media… If you just kind of google my name, there’s that outlines a lot of my views on most of these topics.” (20:53, Ben Harburg)
Notable Quotes & Memorable Moments
-
On the value of exposure to major trends:
“I was not like a Sinophile by birth… But I just thought as a geopolitical rival, strategic competitor, enemy, whatever you want to call it, it was a market that we had to understand, we had to have exposure to.” (03:56, Ben Harburg) -
On the owner’s role in football:
“In some cities, when you own the football team, you’re the equivalent of being the Mayor. I mean, if you win, everyone loves you. If you don’t win, everyone hates you… It’s religion, it’s geopolitics, it’s business, it’s entertainment, it’s community.” (09:49, Ben Harburg) -
On following the crowd vs. forging your path:
“There’s very rarely a prescribed path into [VC]… It requires that you bet on yourself first.” (16:16, Ben Harburg) -
Regrets about not learning from the big players earlier:
“I’ve never benefited from operating within a more controlled environment where other people did a lot of the hard work and I could just kind of focus on my zone of expertise.” (20:13, Ben Harburg)
Important Timestamps
- 01:11: Ben introduces his three major pursuits—investing, sports, politics
- 02:20: Career journey from consulting to commodities trading to tech investment
- 04:16: The “G2 world” concept: US and China as global duopoly
- 09:44: Ben's process for acquiring football clubs, blending passion and analytics
- 13:04: How and why big business gets involved in politics
- 15:53: Paths into venture capital and what it takes to succeed
- 18:42: Lessons learned and what Ben would do differently to get ahead faster
- 20:35: How listeners can connect with Ben and follow his work
This episode is a compelling blend of personal storytelling, hard-won business wisdom, and high-level geopolitical analysis. Ben Harburg’s career is a testament to thinking globally, acting proactively, and never shying away from both risk and deep engagement with the world’s most consequential arenas.
