My First Million

3 Crazy Billionaire Stories

161 snips
Aug 31, 2023
Discover three wild billionaire tales, from a mysterious entrepreneur acquiring OnlyFans to the Sackler family's controversial role in the opioid crisis. Learn about the quirky sidekick of Elon Musk and his unconventional frozen yogurt shop. Delve into innovative business strategies like Postpilot's direct mail revolution, and explore modern investment dynamics. With engaging anecdotes and insights into the tech world, this podcast blends serious topics with humor and entrepreneurial vigor.
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ANECDOTE

OnlyFans Acquisition

  • Leo Radvinsky acquired OnlyFans for a relatively small sum in 2018.
  • It's now worth billions, generating $5.6B in revenue and $400M in profit in 2022.
INSIGHT

UK Company Filings

  • UK-based companies, public or private, must submit financial summaries.
  • This revealed OnlyFans' financials, even though it's privately held.
ANECDOTE

OnlyFans Founding Story

  • OnlyFans founder Guy Stokely's father loaned him £10,000 to start the platform.
  • The Stokely family later sold a majority stake to Leo Radvinsky.
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