Greatest Hits #4 - How To Sell Your Company for $750M - Meet Vungle's Jack Smith

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 1 June 2021

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jack Smith (@_jacksmith) is the most clever entrepreneur I know. He’s cofounded multiple startups: Vungle, Coin, Shyp. With Vungle recently selling for $750M, we talk about his early businesses as a kid, selling prank itching powder on the playground - all the way to his infamous “LinkedIn Hack” that got him his first $120k investment check. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (1:05) Episode Intro by Sam * (4:10) Who is Jack Smith? * (9:30) How Jack hustled as a 12-year-old * (13:55) Jack on productivity and procrastination * (21:26) How Jack raised for Vungle * (31:13) How Shaan got his in at Monkey Inferno * (35:16) The early iterations of Vungle * (41:37) How Jack leveraged his beginner's mindset * (45:19) Jack on VC norms & selling his stock * (49:44) What Jack would do if he was 20 again

Transcript

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0:00.0	This episode is brought to you by the HubSpot Podcast Network.
0:05.0	What is the HubSpot Podcast Network?
0:07.8	That's right.
0:08.8	It's a new thing by HubSpot.
0:09.8	They started with our podcast and now they're branching into more and more podcasts with
0:14.3	experts in different business areas.
0:16.4	So you might have a podcast about marketing or sales or operations or customer service.
0:21.4	And we're going to go over through the different podcasts on this network, some are more
0:25.2	entertaining, some are more informational, some are a good mix of both.
0:28.0	That's what we try to do here.
0:29.6	And HubSpot's cool here is to have on-demand mentors.
0:33.5	So if you're an entrepreneur, you're a startup, you're scaling up.
0:36.4	You're going to be able to hear practical tips and inspirational stories by listening
0:39.3	to the different podcasts on their network, which by the way, I think this is a smart
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0:43.6	Too many brands just try to sell you their thing.
0:46.2	HubSpot, I love their approach here.
0:47.8	They're like, let's put out great valuable free content and help more companies succeed.
0:52.6	And the more companies that we help succeed, the more will eventually come back to us sort
0:55.8	of like a good karma kind of thing.
0:57.6	So listen, learn and grow with HubSpot podcast network, hubspot.com slash podcast network.
1:03.1	All right.
	...

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