Archive - Noah Kagan | Facebook’s 30th Employee On Getting Fired and Losing $1 Billion

The Nick Bare Podcast

Nick Bare

Health & Fitness

5 • 5.9K Ratings

🗓️ 9 May 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you lost a billion dollar opportunity, how would that affect your life?

For Noah Kagan, it certainly was not easy. But he didn’t let it stop him from becoming successful.

Noah is the founder/CEO of AppSumo, a daily deals website for digitally distributed goods and online services based in Austin, TX.

Before founding AppSumo, he was employee #30 at Facebook, working directly under Mark Zuckerberg. After a 9 month tenure, Noah was fired, losing out on nearly a billion dollars in stock. He was also employee #4 at Mint.com before deciding that he wanted to be his own boss, and founding AppSumo.

In today’s episode, Noah sits down with Nick to talk about how getting fired from Facebook was just the beginning of his story, and share some great insight into what it truly means to be successful.

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Transcript

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0:00.0	In this episode of the Bear Performance Podcast.
0:03.1	Everyone has a superpower.
0:04.6	Everybody.
0:05.5	Everyone has a superpower.
0:06.5	Period.
0:07.0	Everyone has, if you don't know it, ask your friend right now.
0:08.9	Like, text somebody, be like,
0:09.9	Hey, what are you doing with my superpowers?
0:11.2	And mine historically has just been starting.
0:13.7	Like, I'm just, I just go.
0:15.5	It's like, I think being naive is a superpower in business.
0:18.4	Like, I don't know what the fuck I can't do.
0:20.1	Like, most of the greatest things have happened
0:21.4	are not because it's been an expert.
0:23.3	It's been someone who's like, I'm a tinkerer.
0:24.9	I'm gonna try to free this out
0:25.7	and create some crazy shit.
0:27.4	And so, for me, you know,
0:29.1	one of my friends labeled it,
0:30.1	he says, now, not how.
0:32.8	He says, just do it.
0:33.6	Now, not how.
	...

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