Gideon Yu

Jan 22, 2015 at 4:54 PM

doc_brown_
Veteran
Posts: 729

Gideon Yu is listed on Wikipedia as the Co-Owner of the San Francisco 49ers. This excerpt from Wikipedia highlights his involvement (http://en.wikipedia.org/wiki/Gideon_Yu).

"In his time with the 49ers, Yu led the team's efforts in financing Levi's Stadium, including securing an $850 million stadium construction loan, the largest ever in professional sports, a $200 million financing package from the NFL and the largest long-term stadium financing in NFL history. Yu also directed the 49ers drive to accelerate the opening date of Levi's Stadium from the 2015 to 2014 season. Perhaps the most notable distinction during Yu's tenure at the San Francisco 49ers, however, is that he is the first President of color of any team in the history of the National Football League."

Yu is a highly successful venture capitalist, but the fact that he is our Co-Owner is surprising because I thought NFL teams could only have one owner.

Do any of you know more about Yu's exact role with the 49ers? Is he just a major investor who purchased the honor of co-ownership?

[ Edited by doc_brown_ on Jan 22, 2015 at 6:58 PM ]

Jan 22, 2015 at 5:02 PM

pd24
Veteran
Posts: 9,274

I think he sold his share

Jan 22, 2015 at 5:04 PM

Mertonschickendance
Veteran
Posts: 4,491

Apparently he had a good working rapport w/ Jed York. But something must have happened as they no longer follow each other on twitter and Yu tweeted some pro-Harbaugh statement saying how Harbs took the high road.

Jan 22, 2015 at 5:16 PM

niner4ever12
Veteran
Posts: 991

jed york is a racist and yu was smarter than him.

Jan 22, 2015 at 6:29 PM

zonkers
Veteran
Posts: 4,395

Originally posted by pd24:
I think he sold his share

At the time of the decision, it sounded like he'd still maintain his share.

I couldn't find anything since January, so maybe his ownership status changed.

Barrows from January
http://blogs.sacbee.com/49ers/archives/2014/01/gideon-yu-steps-down-as-49ers-president-paraag-marathe-steps-in.html
Yu sent out a tweet that read: "Thanks to @JedYork for entrusting me to complete your stadium project. Looking fwd to many more years together as 49ers' co-owners!"

Kawakami from January
http://blogs.mercurynews.com/kawakami/2014/01/21/gideon-yu-steps-down-as-49ers-president-paraag-marathe-steps-in-its-jed-yorks-whole-show-now/
Gideon Yu has stepped down as 49ers team president (but will remain as a 5% owner)

[ Edited by zonkers on Jan 22, 2015 at 6:49 PM ]

Jan 22, 2015 at 9:24 PM

LasVegasWally
Veteran
Posts: 24,607

Abbott and Costello would have had a hell of a routine w/Yu like they did with "Who's on First?"

Jan 22, 2015 at 10:26 PM

teylo31
Veteran
Posts: 8,235

Originally posted by LasVegasWally:
Abbott and Costello would have had a hell of a routine w/Yu like they did with "Who's on First?"

Yu mean "Yu's on first?"

Jan 22, 2015 at 11:06 PM

TheRambler
Veteran
Posts: 38,344

Gideon was my brother's boss at Yahoo, lol

Jan 22, 2015 at 11:17 PM

sfout
Veteran
Posts: 6,443

Yu was brought in to specifically help facilitate partnerships related to the stadium, from both manufacturing/building and sponsorship standpoints. Now that the stadium is complete they will likely utilize his experience for strategic business purposes, otherwise he is just like another co-owner with a tiny stake that doesn't really do much in the day-to-day operations of the football side.

Jan 23, 2015 at 2:05 PM

#10

LasVegasWally
Veteran
Posts: 24,607

Originally posted by teylo31:

Originally posted by LasVegasWally:
Abbott and Costello would have had a hell of a routine w/Yu like they did with "Who's on First?"

Yu mean "Yu's on first?"

"I did it"
"You did it?"
"No, I did it"
"You did it?"
NO! I did it!"

Jan 23, 2015 at 2:10 PM

#11

phatbutskinny
Veteran
Posts: 27,247

Originally posted by TheRambler:
Gideon was my brother's boss at Yahoo, lol

but what about your girlfriend

Jan 23, 2015 at 2:14 PM

#12

SonocoNinerFan
Veteran
Posts: 17,603

Originally posted by zonkers:

Originally posted by pd24:
I think he sold his share

At the time of the decision, it sounded like he'd still maintain his share.

I couldn't find anything since January, so maybe his ownership status changed.

Barrows from January
http://blogs.sacbee.com/49ers/archives/2014/01/gideon-yu-steps-down-as-49ers-president-paraag-marathe-steps-in.html
Yu sent out a tweet that read: "Thanks to @JedYork for entrusting me to complete your stadium project. Looking fwd to many more years together as 49ers' co-owners!"

Kawakami from January
http://blogs.mercurynews.com/kawakami/2014/01/21/gideon-yu-steps-down-as-49ers-president-paraag-marathe-steps-in-its-jed-yorks-whole-show-now/
Gideon Yu has stepped down as 49ers team president (but will remain as a 5% owner)

@gideonyu · Dec 28 Infinite respect and admiration for my friend Jim Harbaugh. I have no doubt his amazing success streak continues wherever he goes.

@gideonyu · Dec 28 The fact that Jim Harbaugh always took the high road just further proves that he's a winner and a class act.

Jan 24, 2015 at 1:11 PM

#13

buck
Veteran
Posts: 13,137

Originally posted by niner4ever12:
jed york is a racist and yu was smarter than him.

Yu was and York is.

Did Yu die?

Jan 24, 2015 at 1:32 PM

#14

buck
Veteran
Posts: 13,137

Originally posted by niner4ever12:
jed york is a racist and yu was smarter than him.

Playing the race card seems dumb. But, then I am just flat out dumb.

In fact, I am willing to bet that I am dumber than you, Yu, and York.

.

[ Edited by buck on Jan 24, 2015 at 2:25 PM ]

Jan 24, 2015 at 1:52 PM

#15

English
Moderator
Posts: 40,931

Originally posted by niner4ever12:
jed york is a racist and yu was smarter than him.

This is BS. Justify or withdraw.