Recode is live with the latest in sports news and analysis from Recode’s studios.

In this special live episode, Recode senior editor Kara Swisher talks to sports reporter Jeff Follmers about why the sport of soccer needs to be a major part of the next wave of investment.

Swisher tells Follms why she thinks there will be big changes to the sports industry in the coming years.

Follmer tells Swisher he believes sports is the right place to be investing in as it is a growing, thriving business with big opportunities for growth.

Folks at ESPN’s studio also share their thoughts on the sport, which is one of the few sports that hasn’t been in a bubble over the last several years.

In the clip, Swisher speaks to ESPN President John Skipper about the need to be cautious about investing in sports.

Foltz and Swisher also share what they think is the biggest challenge facing sports in the next few years.

The Recode podcast is produced by Recode Ventures, a non-profit dedicated to bringing people together to build businesses and improve lives.