#148 with Jack Smith - How r/WallStreetBets is Beating Wall Street, Taboola's Billion-dollar Payday, and How Grayscale is Printing Money
My First Million
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Navigating Ad Tech Ambiguities
This chapter explores the intricacies of ad tech businesses, particularly focusing on Taboola's innovative revenue model and the challenges of fundraising in this industry. The discussion delves into the evolution from a failed app idea to a successful advertising venture, highlighting the significance of understanding customer pain points in advertising. Furthermore, it contrasts traditional ad metrics with modern performance-based models, while also reflecting on the unpredictable nature of social platforms like Clubhouse and the uncertain sustainability of live-streaming apps.
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