How two straight guys bought Grindr and made $2B

How two straight guys bought Grindr and made $2B

Want to build a billion-dollar business? Get the playbook: https://clickhubspot.com/hwg Episode 756 Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Rick Marini and Jeff Bonforte, the private equity guys who flipped Grindr for $2B dollars in 24 months. — Show Notes: (0:00) The story of Grindr (13:34) Private Equity crash course (38:10) Uncle Rick gives advice on what to buy (43:07) Trends to jump on (49:48) Buying lottery tickets (1:03:58) The wisdom of Naval (1:10:48) The emotional adoption curve — Links: • Rick Marini - https://x.com/rmarini • Jeff Bonforte - https://x.com/bonforte • Grindr - https://www.grindr.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies! Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Jaksot(818)

#90 - How a Newsletter Generates $2m With Only 5,000 Subscribers

#90 - How a Newsletter Generates $2m With Only 5,000 Subscribers

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode Shaan and Sam talk: leadership in turbulent times, the business of roof racks, a newsletter generating $2m, the opportunities in eCommerce, employee surveillance and the rift between Silicon Valley and the media.  See acast.com/privacy for privacy and opt-out information.

8 Heinä 202054min

#89 - The Man Who Gamed Uber

#89 - The Man Who Gamed Uber

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. This episode includes: Abhishek Kumar Maurya, the founder of UberPro.In; the companies capitalizing on people fleeing cities; how tech is helping humans become fitter; the world of alternate data; the Freeport for baseball cards; and the million dollar challenge.  See acast.com/privacy for privacy and opt-out information.

5 Heinä 20201h 1min

#88 with Greg Isenberg (part 2) - Why Plugins Are Big Business

#88 with Greg Isenberg (part 2) - Why Plugins Are Big Business

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. The guys discuss: Andrew Wilkinson Hey.com replacer, VidIQ for influencers, why Grammarly is a huge business, learning via text messages and Stadium Live (ESPN for Gen Z).  See acast.com/privacy for privacy and opt-out information.

3 Heinä 202034min

#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit

#87 with Greg Isenberg - The Millions to be Made Unbundling Reddit

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: (5:15) The unbundling of Reddit (11:50) The formula for finding niches to unbundle (16:24) Examples of a subreddits that could become a business (31:00) The businesses that use giveaways to grow.  See acast.com/privacy for privacy and opt-out information.

1 Heinä 202044min

#86 - Why Every Business Should Have an Enemy

#86 - Why Every Business Should Have an Enemy

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: (0:03) Discounted Uber credits hack (4:06) Scam talk: Chamath bitcoin giveaway, Nigerian PPP, Super Pac (12:05) Baseball card storage idea (15:20) Self-storage company, Public Storage, is wildly profitable (16:12) Real estate talk (20:01) Why it’s important to have enemies when marketing (27:42) Private Twitter idea (30:08) Chris D’Elia and Wikipedia for creeps idea (37:42) Should Wikipedia be government owned? (39:50) Cheaper backend brokerage  See acast.com/privacy for privacy and opt-out information.

26 Kesä 202044min

#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight

#85 - Why Privacy is Big Business and the Multi-Million Dollar Ideas Hidden in Plain Sight

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Episode summary: Privacy Based Businesses (14:20) Opportunities “Hidden in Plain Sight” (18:29) Unclaimed Baggage unclaimedbaggage.com (22:50) “Costco for services” idea (28:55), Income Share Agreements (37:00) Simple websites doing $100k/mo (39:10) Sam and Shaan get a little philosophical about if you should spend time investing or building (44:40)  See acast.com/privacy for privacy and opt-out information.

24 Kesä 202052min

#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m

#84 with Noah Kagan - How the Founder of AppSumo Walked Away From $100m

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) catch up with Noah Kagan (@noahkagan), founder of AppSumo and OkDork.com. Before that, he was employee #30 at Facebook, #4 at Mint, and worked at Intel. In today’s episode we hear about Noah’s background (1:05), Noah talks about the different between needing to do things and choosing to do things (5:58), how Noah thinks about finding customers (12:30), Sam asks for Noah’s framework for knowing how and when to build a new product (16:10, Noah talks about how our greatest strengths are also our greatest weaknesses (18:12), Shaan joins the podcast (27:00), Shaan asks Noah how he would build a company now if he was 21 with no name recognition (33:50), Noah leaves the podcast and Sam and Shaan talk through Sam’s upcoming road trip and future ideas (50:30).  See acast.com/privacy for privacy and opt-out information.

19 Kesä 20201h

#83 - How the Koch Brothers Got Rich, Human IPOs and Why Snapchat Might be the Future

#83 - How the Koch Brothers Got Rich, Human IPOs and Why Snapchat Might be the Future

Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Shaan Puri (@ShaanVP) and Sam Parr (@theSamParr) catch up and talk through a variety of topics on the show today. Everything from content engines serving only employees of specific companies (internal podcasts, for example), to the Koch brothers and SnapKit. In today’s episode we cover ways companies are publishing content directly to their employees (8:00), Sam briefly summarizes how the Koch brothers made a billion dollars (15:30), Shaan riffs business ideas based on Snapchat Mini’s (22:45), Shaan explains Moonshot and how online escape rooms just might work (30:30), Sam asks for Shaans honest opinion on the Liquid Death founder (33:47), Sam and Shaan talk about humanIPO.app and the merits of humans having an IPO (39:35), Shaan and Sam discuss correct posture and the need for someone to tell them how to exercise “correctly” (43:00).  See acast.com/privacy for privacy and opt-out information.

12 Kesä 202047min

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