My First Million

Lessons From Sam's New Business Venture, High Stakes Gambling, and More

31 snips
Jun 7, 2022
Ben Wilson joins the conversation, sharing his experiences in the high-stakes gambling scene. The guests dive into the innovative marketing strategies of online gambling platforms, spotlighting Stake.com and its young billionaire founders. They also explore the growing impact of celebrity endorsements and the challenges faced by emerging entrepreneurs. Additionally, the discussion covers how a shift to online education shaped businesses like Cloud Kids, highlighting the evolving landscape of both gambling and learning.
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ANECDOTE

Drake's Gambling Loss

  • Drake lost $17 million gambling on roulette during a livestream.
  • He was likely using house money provided by Stake.com for promotional purposes.
INSIGHT

Stake.com's Marketing Strategy

  • Stake.com, the world's largest cryptocurrency casino, sponsors popular streamers like Drake for marketing.
  • The owners remained anonymous until recently discovered after a lavish home purchase.
ANECDOTE

Stake.com Owners' Wealth

  • Stake.com's anonymous owners, in their mid-20s, are potentially billionaires.
  • Their wealth was revealed after one bought a $36 million home in Australia.
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