Foroughi: High cash-flow companies should buy back shares, not hoard cash
Adam Foroughi · Bootstrapping a Business to $5 Billion in Free Cash Flow | AppLovin’s Adam Foroughi · May 3, 2026 · at 4:17
AppLovin CEO Adam Foroughi shares his capital allocation philosophy on leveraging balance sheets to repurchase undervalued shares.
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“I never believed in saving cash for a rainy day. I feel like I'm a big believer in what we're building. I believe in where we're going. So if I believe in the future, and we're a really high cash-generated business, We should always be buying back our shares.”
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