Billy of the Week: Chris Aker

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 21 February 2022

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sam Parr (@theSamParr) and Shaan Puri (@ShaanVP) talk about Billy of the Week Chris Aker and how he was able to maintain 100% control of his $900M company. ----- * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Transcript

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0:00.0	They sold it for $900 million in cash.
0:02.4	They don't really mention much about the company other than it was doing over $100 million in revenue.
0:07.0	What they don't mention is the guy who started it, he bootstrapped it, raised no outside money,
0:12.8	and owned 100% of it.
0:15.2	All the way through the sale?
0:16.6	All the way through the sale, owned 100% of it.
0:19.8	$1 million isn't cool, you know what's cool?
0:22.2	$1 billion.
0:24.0	So let me tell you this quick story.
0:28.2	This was not a big headline.
0:30.2	I bet you didn't even see it.
0:32.2	So my friend, I was in college at the time, he's a little bit, he's older than me, so he was not in college.
0:37.6	He was probably in his 30s when I was 21.
0:40.6	He started this company called Linode.
0:42.6	Did you see yesterday a company called Linode was acquired for $900 million in cash?
0:47.6	Yeah, who bought it?
0:49.6	It was, uh, uh, uh, is it called Akamai?
0:52.0	Akamai, yeah.
0:53.0	Akamai.
0:54.0	And so they bought it for nine, everything I'm going to say is, is, is relatively public.
0:59.0	Or it's, you could piece it together into a bunch of different articles.
1:01.2	But basically they sold it for $900 million in cash.
	...

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