Our buddy sold his app for $200M in just 6 weeks?!

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 10 July 2024

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 607: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Dan Porter ( https://x.com/tfadp ) about selling his app for $200M after just 6 weeks plus stories about Richard Branson, Ari Emmanuel & building cult brands. — Show Notes: (0:00) Intro (1:29) Story behind OMGPop gaming company (5:23)Creating viral mobile game Draw My Thing (now Draw Something) (12:02) 25 million users a day, 1 million drawings every 5 seconds (24:10) Zynga bought the game for $200M 6 weeks after launch (32:30) The real power of money (38:32) Working with Richard Branson and Ari Emmanuel (47:44) Building Overtime (creating a brand that is part of culture) (52:28) The Travis Scott effect (1:06:45) Dan's life advice — Links: • Overtime - https://overtimeelite.com/ — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript

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0:00.0	I tweeted this out a long time ago. I said I have a new hero and his name is Dan Porter.
0:04.3	Nobody knew who the hell I was talking about nobody, why I was saying that I didn't give any
0:07.5	context but you're here and today you're gonna explain to the people you're gonna show people why that is true.
0:13.2	I feel like I can rule the world I know I could be what I want to
0:18.0	I put my all in it like no day's on the road let's travel never I'll start with a few facts. Number one, this is a guest I have been waiting for it to come on the
0:27.6	podcast for years and the reason why is because I have, Dan you don't know this, but I've had all these fantasies, these entrepreneurial fantasies in my life.
0:38.0	There's a part of me that's like, you know what, one day I'm gonna make a hit social app and 100 million people are gonna use it, I'm going to make a hit social app and a hundred million people are going to use it.
0:44.5	I'm going to sell it for hundreds of millions of dollars.
0:47.0	You've done that.
0:48.0	I have this other fantasy that, no, no, no, I'm going to go change education.
0:51.2	I'm going to start a big nonprofit. I'm going to be the leader of that. I'm going to start a big nonprofit. I'm going to be the
0:53.0	leader of that. I'm going to help grow that thing. I'm going to help change the
0:55.5	way that education works in America. You've done that. Part of me wants to go to
0:59.7	Hollywood and work with the power brokers, the people who are in that world.
1:03.2	You've done that.
1:04.2	Part of me wants to create a brand that's like, you know, part of the culture that, you know,
1:10.2	in the world of sports takes off.
1:13.0	You've done that.
1:14.0	Part of he wants to own a sports league.
1:16.0	You've done that.
1:17.0	You have done basically all the things that I've ever wanted to do.
1:19.0	As an amazing intro, especially for somebody whose Twitter game is as lame as mine.
	...

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