Special: Acquired x My First Million

Acquired

Ben Gilbert and David Rosenthal

Venturecapital, Ma, Investing, Acquisitions, Startups, Vc, Investment, Business, Technology

4.8 • 2.9K Ratings

🗓️ 9 September 2020

⏱️ 94 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Acquired teams up with the My First Million podcast for a “best of both worlds” crossover episode. First we go deep, “Acquired style”, on the wild story of MFM host Shaan Puri’s bought, sold, and then bought-again OG social networking site Bebo, and then we turn the tables and brainstorm startup ideas and investing themes “MFM style”. This episode was frankly a blast to do. We hope you have as much fun listening as we did recording!

Sponsors:
Vanta: https://bit.ly/acquiredvanta

Statsig: bit.ly/statsigacquired
Modern Treasury: https://bit.ly/acquiredmoderntreasury

Links:

My First Million‘s website: https://thehustle.co/my-first-million-podcast/

Transcript

Click on a timestamp to play from that location

0:00.0	And this is for our podcast, correct?
0:02.5	Or this is going on your podcast?
0:03.7	Or both?
0:04.4	Good question.
0:05.2	Like, we're open to whatever.
0:06.2	Yeah.
0:07.2	I think we should record it and see what fits,
0:08.3	but like by default, I think it'll definitely work on our feed.
0:11.1	If you guys feel good about it on your feed, I think great, it great I love it okay are we rolling then Welcome to this special unnumbered crossover episode of Acquired, the podcast about great technology companies and the stories and playbooks behind them.
0:36.4	I'm Ben Gilbert. I'm David Rosenthal and we are your hosts.
0:40.8	This episode is a crossover between acquired and the My First Million Podcast, a
0:45.4	podcast from The Hustle for Business Builders, Skeemers, and Dreamers. The show was hosted
0:50.4	by Sean Puri and Sam Par, and this crossover episode was just Sean and us.
0:54.8	Sean works on special projects at Twitch and was most recently the CEO of
0:59.5	Beboeboe a once massive part of the Consumer internet in the early 2000s.
1:04.3	Sean was also the CEO of Blab.IM which some of you may have used a few years ago.
1:09.4	Our episode today has two parts. First we had Sean take us through what it was like to buy
1:14.6	Bibo out of bankruptcy many years after its heyday and build something new
1:20.0	with the assets eventually selling it to Twitch.
1:23.0	This is the first time on our show that we'll be talking about a company that was
1:26.0	sold and not bought, which for those of you who have ever been through an exit know that that
1:30.9	is the far more common scenario. The second part of the
	...

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