Jack Smith: Selling A Company For $800M At 29, Million Dollar Businesses that Can Be Started Just From Reading a Manual, and More

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Jun 29, 2023

Jack Smith, an entrepreneur who made waves by selling his company for $800 million at just 29, shares his unconventional strategies for business and parenting. He discusses the innovative business ideas that stem from reading manuals and the importance of the law of attraction in achieving success. The conversation takes intriguing turns into his unique approach to child-rearing, emphasizing unschooling and experiential learning. Smith also touches on the balancing act of personal interests with strategic business decisions, making for an inspiring and entertaining dialogue.

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ANECDOTE

Jack Smith's Success

Jack Smith sold his company, Vungle, for $800 million at 29.
He built Vungle after creating a mock PowerPoint presentation about a mobile ad network.

INSIGHT

First Mover Disadvantage

Being first to market isn't essential for success.
AppLovin launched after Vungle but became much larger, demonstrating that later entrants can still dominate.

ANECDOTE

AppLovin's Strategy

AppLovin offered a wider range of ad formats than Vungle, contributing to its larger market share.
Their technical expertise also played a role in their success.

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