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The Iced Coffee Hour

Meet The $200,000,000 Man Who QUIT EVERYTHING | Noah Kagan

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6679 Ratings

🗓️ 22 June 2022

⏱️ 86 minutes

🧾️ Download transcript

Summary

Noah Kagan, owner of App Sumo, Facebook's 30th ever employee, Mint's 4th ever employee, has a net worth valuation of over 9 figures. Today Noah explains the secrets to his entrepreneurial success and what motivated him to lead such a successful path.  Check out the Patreon! https://www.patreon.com/icedcoffeehour SUBSCRIBE TO NOAH KAGAN: https://www.youtube.com/c/OkDork Add us on Instagram:  https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan https://www.instagram.com/alex_nava_p... Official Clips Channel: https://www.youtube.com/channel/UCeBQ... For sponsorships or business inquiries reach out to: [email protected] GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & SEE MY STOCK TRADES - USE CODE GRAHAM: http://www.public.com/graham  MY NEW COFFEE IS NOW FOR SALE: http://www.bankrollcoffee.com/ The Equipment used: https://tinyurl.com/y78py5g2 Audio Equipment Used In Podcast: Rode NT1, Rodecaster Pro The YouTube Creator Academy:   Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF  For Podcast Inquiries, please contact [email protected] *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm Noah Kagan and welcome back to the ice coffee hour with Jack and Graham.

0:04.0

And I think your show in the past 100 episodes have done about a quarter million dollars.

0:08.0

That's really good. That's a fantastic guess.

0:10.0

214,535. That was pretty good. Yeah, not the closest, but reasonable.

0:17.0

So, well, thank you so much for coming on. Jack is actually prepared his own intro for this.

0:22.3

Yeah, we're going to start this off. Guns of blazing, okay? Idlenetworth.com says you're worth

0:27.6

190 billion. Oh, yeah. With a billion dollars. Okay. Techie gamer says you're worth 45 million with an M.

0:37.3

And digital net worth says you're worth 45 million with an M and digital net worth says you're worth

0:39.8

three million. Ouch. Yeah. Can you clear up all of this confusion because we have these websites

0:45.0

that say people are worth these amounts they have no idea what they're talking about or do they. Yeah.

0:49.2

I think what's interesting about net worth is there's different types of entrepreneurs. So there's

0:52.7

cash worth entrepreneurs like how much cash you actually have in the bank, how much liquid money.

0:57.3

And so I think my personal bank has like $1.5 million cash right now.

1:01.1

I can show you guys that I'm no problem.

1:03.1

But the net worth is challenging on the other side of that is if you have a company, you have equity.

1:06.8

So we have absumo.com.

1:08.8

This year we'll do about 100 to 120 million.

1:12.3

So how much is that company worth?

1:15.1

Quarter billion, billion, and then I own about 60%. Ballpark, net worth.

1:16.9

I look at it mostly from cash.

1:18.3

I actually don't look at the equity.

1:19.5

Probably somewhere around 25 million.

...

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