The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Why The Best Entrepreneurs Are Cockroaches, What Everyone Underestimates About Customer Acquisition & What You Don't But Need To Know About Payback Periods with Josh Buckley, Founder & Chairman @ Mino Games
Nov 25, 2019
Josh Buckley, Founder and Chairman of Mino Games, shares his impressive journey from a shy gaming enthusiast to a successful entrepreneur, scaling his gaming studio to $20 million in revenue. He explains why he believes the best entrepreneurs are like cockroaches, thriving under pressure. The conversation dives into the underappreciated complexities of Customer Acquisition Costs, highlighting the need for channel diversity. Josh also shares valuable insights on balancing his dual roles as a founder and investor, emphasizing capital efficiency and strategic growth.
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Early Success and Angel Investing
- Josh Buckley built a virtual world at 15, selling it for six figures without his parents' knowledge.
- This led to angel investing, including DailyBooth, and acceptance into Y Combinator at 17.
Y Combinator and Gaming Success
- Josh Buckley joined Y Combinator at 18 and launched a Pokemon-like game.
- It became a top-grossing app and received funding from Andreessen Horowitz.
Cockroach Entrepreneurs
- The best entrepreneurs are like cockroaches; they are resilient and do whatever it takes to survive.
- Survival is the first rule of success in business.
