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Invest Like a Boss

246: Combining Machine & Digital Gaming with Winner Winner

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Investing, Business

4.8518 Ratings

🗓️ 15 September 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

Derek travels to the Las Vegas headquarters of gaming company Winner Winner to speak with co-founder Cody Flaherty. They discuss how Winner Winner is allowing users to play real machine gaming from anywhere in the world via their mobile phones. Plus, Winner Winner has since expanded to online gaming, live trivia events and more. Sam Marks is an active early investor in Winner Winner and has worked extensively with one of their founders. Sam and Derek wrap up the episode discussing Sam’s investment, why he believes in it and what he expects from the company going forward.

Cody Flaherty is the Co-founder and COO of Playtertainment, the development studio behind the live gaming app Winner Winner.  Prior to launching Winner Winner with his partner Jon in 2019, Cody was an early member of the PetFlow.com team, an online retailer of pet food and supplies. Cody was a key member of the senior executive team, helping the business realize an exit to the largest distributor of pet products in the US. Cody sits on the advisory board for Ithaca College's Customer Experience program and also consults for businesses in the ecommerce space.

Winner Winner is a robust gaming platform that allows you to earn real rewards for playing games you know and love! Whether its playing physical games or playing digital games you already love to play, you can earn tickets and redeem those tickets for real rewards that are shipped directly to you!

Listen to ILAB 246 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Sponsor:

  • Shopify
    Get 14 days free and access Shopify’s full suite of features to get selling online today! Just go to Shopify.com/ilab to get started.

Discussed

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)

*Johnny and Sam use all of the above services personally.

Time Stamp:

  • 08:25 – What is your “elevator pitch” for Winner Winner?
  • 09:35 – How did you get into the gaming industry?
  • 11:27 – What kind of investors do you have currently?
  • 12:10 – What is your goal for Winner Winner as a business?
  • 14:00 – How has Winner Winner evolved over the past 3 years?
  • 16:28 – How does technology work?
  • 18:10 – Has anyone figured out how to hack the games?
  • 19:20 – How many users do you have and how often do they use the app?
  • 22:16 – At what level are you at raising capital?
  • 22:52 – Who can invest and what is the minimum request?
  • 23:13 – What is the next plan for the business?
  • 24:38 – Why did you start your business in Vegas?
  • 25:49 – What is your demographic like?

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Copyright 2022. All rights reserved. Read our disclaimer here.

Transcript

Click on a timestamp to play from that location

0:00.0

What is up bosses? Since most of you are entrepreneurs out there, you probably recognize this sound.

0:08.1

That is the sound of another sale on Shopify, the all-in-one commerce platform to start, run, and grow your business.

0:17.1

Shopify is our newest sponsor here and invest like a boss. They're a platform designed for

0:22.3

anyone to sell anywhere. Giving entrepreneurs like myself or even Sam and Johnny, all three of us

0:29.1

have used Shopify at some point for one of our businesses. They can customize all your needs,

0:34.4

give you a great looking online store that brings your ideas to life,

0:38.0

and they even have tools to manage your day to day and drive sales.

0:42.4

Make your idea real with endless possibilities.

0:45.4

I'm going to tell you all about Shopify during the break, but if you want to get a head start,

0:50.9

just head over to Shopify.com slash iLab. Now, this is important, the this is important the i l a b make sure it's all

0:58.2

lower case and you'll get a free 14 day trial and get full access to shopify's entire suite of

1:05.1

features you can start selling on shopify today you just got to go to shopify dot slash I-L-A-B. That's Shopify.com

1:14.3

slash I lab. Like I said, I'll tell you more in a few minutes, but let's get this episode started.

1:20.2

Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs

1:25.4

who invest our own money and use modern technology to invest like a boss.

1:28.5

Join us each week for exclusive interviews with our network of modern investors, business owners, and multimillionaires to discover new ways to invest our hard-earned cash.

1:39.5

Welcome back, bosses.

1:40.8

This is episode 246.

1:43.0

This is Sam sitting in Barcelona. And Derek, nice dress you're wearing.

1:50.4

It is the middle of the nastiest heat wave in L.A. I don't know what's going on, but every year, September is the hottest month in L.A. And I happen to be in a place where they're like, oh, you don't need air conditioning. Well, let me tell you, you do right now. It is. Dude, you don't have AC in your place? I do not. America and you don't have AC? I know. I'm slumming it, man. I live at the beach, which most of the time, if it's 80, it's hot.

2:20.5

But we are in the 90s at the beach here, and it's like 120 if you go about five miles inland.

2:26.8

It's wild right now.

...

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