AppLovin scaled 2020 revenue to over $1.5 billion
Harry Stebbings · 20VC: AppLovin's Co-Founder & CEO, Adam Foroughi on How AppLovin Might Be The Venture Capital Industry's Biggest Miss, How To Run a 1,000+ Organisation with Very Few Meetings & Balancing the Demands of Wall St with Long Term, Sustainable Growth · Nov 29, 2021 · at 0:18
Harry Stebbings introduces Adam Foroughi, co-founder and CEO of AppLovin, highlighting the company's financial scale prior to its IPO.
0:00 / 0:09exact quote · 9.2s
720p mp4 · rendered on demand · StarZero watermark
“Under Adam's leadership, he's taken the company public, he's grown the team to over a thousand people around the world, and scaled revenue in twenty-twenty alone to over 1.5 A billion dollars.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Harry Stebbings
Stebbings: European founder quality is much worse than in the US
“I think the quality of European founders is much worse than the US”
Stebbings: The younger generation of workers is lazy and expects high compensation
“I think this generation is fucking lazy. They do not work, sorry, I'm on a rant now. They do not want to work hard, they do not want to come into the office, they get paid top dollar, and actually, they want great package, they want all of this, and they don't…”
Stebbings: Remote Work Is One of the Most Poisonous Things
“I don't buy remote by the way. I think remote is one of the most poisonous things.”
Stebbings: Series B investors are offering founders $1M payouts to return capital
“You know, it is, but I'm seeing now I've seen four this month where the series B's are saying, Hey, preemptively we fucked up, but give us our cash back and we'll give you a million each.”
Stebbings: Society No Longer Fundamentally Operates as a Democracy
“I don't think we fundamentally live in a democracy anymore, because I know I don't, and I know that pretty much everyone around me is too afraid to say how they truly feel.”
Harry Stebbings: Most retail investors on Robinhood are incompetent
“I think most of the people who invest in there are incompetent and shouldn't be given dollars. This will definitely be taken out, no doubt. I think this is like, you know, you're empowering people who should not be investing. They do not understand public mark…”