1113 His Vegas Raceway Grossed $10m in Y1, Here's How

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 11 August 2018

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Aaron is successful entrepreneur who has founded, built and sold multiple successful organizations. In 2012, Aaron was awarded the "Entrepreneur Startup Award of the Year"â€‹ by the Entrepreneur's Organization. Fessler is the founder and CEO of SPEEDVEGAS, a 100 acre exotic car driving experience in Las Vegas. Prior to founding SPEEDVEGAS, Aaron created MediaSentry, which became the largest provider of anti-piracy services for the motion picture and recording industries. Major clients were Sony Pictures, Warner Brothers, Fox, Disney, and MGM. The company was acquired by Safenet (NASDAQ: SFNT) in 2005 in a $20 million cash and stock transaction. Previously, Aaron founded The Allegro Group, which grew to become the largest provider of email services in the United States. The platform managed corporate messaging for Ford Motor Company, Mercedes Benz, Continental Airlines, and eight of the ten largest law firms in the United States. Allegro was acquired by Mail.com (NASDAQ: MAIL) in 1999 in a $40 million cash and stock transaction.

Transcript

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0:00.0	Had some success early on in the mail business back in 99, sold that company, then got into
0:04.3	piracy and protecting kind of digital rights as these studios moved digital content online,
0:08.9	sold that.
0:09.7	Had nice exit there.
0:10.6	Now raised 30-ish, 35-ish million to launch Speed Vegas.
0:14.7	They did about 10 million bucks their first year.
0:18.2	This is the top entrepreneurs podcast where founders share how they started their companies
0:24.1	and got filthy rich or crash and burn.
0:29.4	Each episode features revenue numbers, customer counts, and other insider information
0:35.2	that creates business news headlines.
0:38.3	We went from a couple hundred thousand dollars to 2.7 million.
0:41.3	I had no money when I started the company.
0:43.3	It was $160 million, which is the size of any IPOs.
0:47.3	We're a bit strapped.
0:48.3	We have like 22,000 customers.
0:51.3	With over 5 million downloads in a very short amount of time,
0:56.5	major outlets like Inc are calling us the fastest growing business show on iTunes.
1:01.4	I'm your host, Nathan Latka, and here's today's episode.
1:06.3	Hello, everyone.
1:06.9	My guest today is Aaron Fessler.
1:08.7	He's a successful entrepreneur who's founded, built,
1:10.9	and sold multiple successful organizations. In 2012, he was awarded the Entrepreneur Startup Award of the
	...

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