Joe Lacob spoke on Tuesday at Stanford's Director's College summit just two days after his Golden State Warriors lost in Game 7 of The Finals after blowing a 3-1 series lead.

Lacob said the Warriors lead trends and then look for the next, which is similar to Silicon Valley businesses.

“We drove this idea of small ball, and it’s a different style of play,” Lacob said. “Having said that, I think it’s important to know that whenever everyone else starts doing things, it’s time to start doing what’s next. We’re on to the next idea — How can we iterate to evolve to get an advantage? I can assure you we’re very forward thinking in that regard.”

Lacob even said the Warriors were the reason why the salary cap went up to $94 million. The big spike in the cap is due to the NBA's new television deals.

“The free agency market is like the talent market in Silicon Valley,” Lacob said. “It’s about hiring the best people and letting them do their job. I set the highest goal and pay them whatever it takes. Great people attract great people.”