Daniel Todd, CEO of Influence Mobile, explains the personal financial sacrifices he made to sustain his company during a multi-million-dollar debt crisis.
“So I worked for about two years during this time period and used all my savings.”
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More from Daniel Todd
AssertionNot checkable as stated
Facebook allowed Influence Mobile to pay massive ad debt in installments
“I, you know, we owed the most amount of money to Facebook, who was a big advertising partner. They were actually super cool to deal with. They let me push it out for many, many years, literally of this, like I'll pay 5000 dollars this month, or I can pay zero …”
Daniel ToddAug 8, 2023▶ 3:18Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
PredictionNot checkable as stated
Influence Mobile is on track for nearly $70M in 2023 revenue
“And we went from, you know, during this window of time, we went from, but well, three million a year to this year we'll do just shy of seventy million in revenue.”
Daniel ToddAug 8, 2023▶ 8:39Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
AssertionPartly supported
Washington AG let Todd's dot-com startup pay 6 cents on the dollar
“We ended up owing like a 100,000 dollars to people in that bubble burst and we couldn't pay any of the bills and people complained to the Washington state attorney general and Washington state attorney general contacted us, which was very scary. The very first…”
Daniel ToddAug 8, 2023▶ 22:13Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
AssertionPartly supported
Todd's startup helped the FBI run stings on Eastern European mobsters
“We eventually work with the FBI and help the FBI set up stings on Eastern European mob because of like our business.”
Daniel ToddAug 8, 2023▶ 25:15Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
AssertionNot checkable as stated
Todd: Influence Mobile became profitable and debt-free within 20 months
“1820 months later we paid off Facebook. We were profitable. We were completely debt free.”
Daniel ToddAug 8, 2023▶ 4:09Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
AssertionNot checkable as stated
Todd: Influence Mobile reached $100K daily revenue on Facebook within six months
“And then we launched with them and within six months we were making a 100,000 dollars a day.”
Daniel ToddAug 8, 2023▶ 5:27Nobody Prepays Anyone - Until Daniel Asked and They Said Sure
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