Sold a Company for $75M & Didn’t Get Paid 🤯 The Business Secrets They Don’t Tell Entrepreneurs
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 26 February 2026
⏱️ 72 minutes
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Summary
This week on Earn Your Leisure, Jeff Frommer shares the real story behind building and selling his $75 million podcast production company — and why big exit headlines don’t always tell the full story. He opens up about waiting on $65 million in stock from the deal, the dark side of acquisitions, and why pushing for cash can protect your future.
We also break down why trust is the ultimate currency in business, when creators should negotiate equity, and why ownership is still the real American Dream. Plus, Jeff explains the vision behind Owm.ai and how it’s helping creators gain more leverage in the modern economy.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:04.3 | When I did the podcast with you all, I was telling you, |
| 0:07.9 | probably the most impactful interview I've done in my career. |
| 0:13.1 | Heroes now. |
| 0:14.6 | I've real heroes. |
| 0:15.8 | I heard Rashad and Troy talk about the tags letter. |
| 0:18.3 | We talk about finance. |
| 0:20.3 | But we talk in a language that is common to the people that's from the communities that we grew up with. |
| 0:24.6 | You are the bright spot of real estate. |
| 0:27.6 | Thank you. |
| 0:28.6 | And entrepreneurship for black Americans. |
| 0:30.6 | This is the knowledge that actually matters. |
| 0:33.6 | I applaud both of you for this. Thank you. |
| 0:35.6 | Policy isn't a country issue. It'suracy isn't a, a country issue. |
| 0:38.8 | It's not American issue. It's a world issue. |
| 0:40.4 | He came to earn our leisure. |
| 0:45.1 | All right, guys. |
| 0:50.0 | Welcome back, EYL. |
| 0:51.5 | We have a special guest, a friend of ours, somebody that we've worked with for several years and somebody that's been doing a lot of work behind the scenes and now stepping more into the forefront as far as our champion creator equity ownership, things that's very near and dear to our heart. So Jeff Fromer, CEO of Own, which is an |
| 1:15.2 | equity creator platform launched in 2025. That's right. And before that, you had Malka. |
| 1:22.7 | That's right. And you sold that, exited that. Yeah, to a public company. It was pretty good. Yeah, that's when we met you. Yeah, we met before. We had sold actually when you guys came on all the smoke. Yes, yes, yes, yes. With Barnes & Stack. Yeah. They're still running. Those guys have been killing it, absolutely killing it. Now own the boxing world, which is amazing. Yeah. So let's start the story. First and foremost, thank you for coming and appreciate it. Sure. So let's start with the Malka, because that's what we met you. That's right. And at that time, we wasn't familiar what Malka was, but you guys were pretty powerful. You, I want you to explain it because I might misword it, but you, |
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