My First Million Our buddy sold his app for $200M in just 6 weeks?!
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Jul 10, 2024 Dan Porter, the mastermind behind the viral game Draw Something and the sports media platform Overtime, shares his entrepreneurial journey. He reveals how he sold his app for an astonishing $200M in just 6 weeks, driven by a last-minute update that transformed user engagement. Stories about working with Richard Branson and Ari Emmanuel showcase his insights into building cult brands. Porter emphasizes the power of innovation in overcoming challenges and the significance of emotional connections between creators and their audiences.
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OMGPop's Rise and Fall
- Dan Porter's OMGPop, a Flash gaming website, faced challenges when Facebook games like Farmville gained immense popularity.
- Despite having millions of users, OMGPop struggled to compete, leading to financial difficulties and the realization that their success was limited.
Draw Something's Unexpected Success
- As OMGPop faced potential closure, Dan Porter decided to create one last game, Draw Something, focusing on simplicity and social interaction.
- Despite initial setbacks, the game unexpectedly exploded in popularity, becoming a global phenomenon.
The No-Loser Game
- Dan Porter realized that in many games, losing leads to player churn.
- He aimed to create a game where nobody loses, fostering collaboration and continued engagement.