<p>Today on <em>BILLIONS</em>, I’m sitting down with <strong>Noah Kagan</strong> — the guy who got fired from Facebook before it was worth a trillion… and turned that loss into the biggest comeback story in online business.</p><p>He went from losing a fortune on paper to building <strong>AppSumo</strong>, a $100 million-a-year bootstrapped empire - all without raising a single dollar of VC money.</p><p>Noah, thanks a lot for being here!</p><p><br /></p><p><strong>TIMELINE</strong></p><p>00:00:00 - 00:02:10 : The trillion-dollar miss at Facebook</p><p>00:02:10 - 00:06:43 : Leadership lessons from Mark Zuckerberg's billion-dollar rejection</p><p>00:06:43 - 00:12:13 : The lifetime deal dilemma destroying software value</p><p>00:12:13 - 00:19:40 : Why most entrepreneurs never take action</p><p>00:19:40 - 00:26:49 : Building discipline through small daily choices</p><p>00:26:49 - 00:33:10 : The scary reality of AppSumo's uncertain future</p><p>00:33:10 - 00:42:09 : Community quality crisis in the AI era</p><p>00:42:09 - 00:48:58 : Testing new models before it's too late</p><p>00:48:58 - 00:57:07 : Hiring secrets for bootstrap businesses</p><p>00:57:07 - 01:04:29 : Finding contentment beyond the billion-dollar dream</p><p><br /><strong>REFERENCES</strong></p><p>- <a href="https://fr.wikipedia.org/wiki/Mark_Zuckerberg" rel="ugc noopener noreferrer" target="_blank">Mark Zuckerberg</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Peter_Thiel" rel="ugc noopener noreferrer" target="_blank">Peter Thiel</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Marc_Andreessen" rel="ugc noopener noreferrer" target="_blank">Marc Andreessen</a></p><p>- <a href="https://www.linkedin.com/in/parkersean/" rel="ugc noopener noreferrer" target="_blank">Sean Parker</a></p><p>- <a href="https://www.linkedin.com/in/dmoskov" rel="ugc noopener noreferrer" target="_blank">Dustin Moskovitz</a></p><p>- <a href="https://www.facebook.com/soleio/" rel="ugc noopener noreferrer" target="_blank">Soleio</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Bill_Gates" rel="ugc noopener noreferrer" target="_blank">Bill Gates</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Steve_Jobs" rel="ugc noopener noreferrer" target="_blank">Steve Jobs</a> </p><p>- <a href="http://linkedin.com/in/moodyglasgow" rel="ugc noopener noreferrer" target="_blank">Moody</a></p><p>- <a href="http://linkedin.com/in/christinerogersraetsch" rel="ugc noopener noreferrer" target="_blank">Christine Rogers</a></p><p>- <a href="https://www.ynab.com/author/jesse-mecham#:~:text=Jesse%20Mecham%20is%20a%20personal,book%20You%20Need%20A%20Budget." rel="ugc noopener noreferrer" target="_blank">Jesse Mecham</a> – </p><p>- <a href="https://www.linkedin.com/in/aymanalabdul/overlay/about-this-profile/" rel="ugc noopener noreferrer" target="_blank">Ayman Al-Abdullah</a></p><p>- <a href="https://www.linkedin.com/in/reidhoffman/" rel="ugc noopener noreferrer" target="_blank">Reid Hoffman</a></p><p>- <a href="https://www.amazon.com/Million-Dollar-Weekend-Surprisingly-7-Figure/dp/059353977X" rel="ugc noopener noreferrer" target="_blank">Million Dollar Weekend by Noah Kagan</a></p><p>- <a href="https://appsumo.com/" rel="ugc noopener noreferrer" target="_blank">AppSumo</a>  </p><p>- <a href="https://appsumo.com/tidycal/" rel="ugc noopener noreferrer" target="_blank">TidyCal</a>  </p><p>- <a href="http://airbnb.com" rel="ugc noopener noreferrer" target="_blank">Airbnb</a>   </p><p>- <a href="https://www.asana.com" rel="ugc noopener noreferrer" target="_blank">Asana </a> </p><p>- <a href="https://www.lemlist.com" rel="ugc noopener noreferrer" target="_blank">Lemlist </a>  </p><p>- <a href="https://reclaim.ai/" rel="ugc noopener noreferrer" target="_blank">Reclaim</a></p><p>- <a href="https://bolt.new/" rel="ugc noopener noreferrer" target="_blank">Bolt</a></p><p>- <a href="https://www.hostinger.com/" rel="ugc noopener noreferrer" target="_blank">Hostinger</a></p><p>- <a href="https://app.emergent.sh/" rel="ugc noopener noreferrer" target="_blank">Emergent</a></p><p>- <a href="https://pika.art" rel="ugc noopener noreferrer" target="_blank">Pika</a>  </p><p>- <a href="https://www.youneedabudget.com/" rel="ugc noopener noreferrer" target="_blank">YNAB</a></p><p>- <a href="https://vercel.com" rel="ugc noopener noreferrer" target="_blank">Vercel</a></p><p>- <a href="https://tabby.ai/" rel="ugc noopener noreferrer" target="_blank">Tabby </a> </p><p>- <a href="https://www.ycombinator.com" rel="ugc noopener noreferrer" target="_blank">YC </a></p>

Billions

Guillaume Moubeche

From losing $1B to running a $100m per year business - Noah Kagan

FEB 6, 202664 MIN
Billions

From losing $1B to running a $100m per year business - Noah Kagan

FEB 6, 202664 MIN

Description

<p>Today on <em>BILLIONS</em>, I’m sitting down with <strong>Noah Kagan</strong> — the guy who got fired from Facebook before it was worth a trillion… and turned that loss into the biggest comeback story in online business.</p><p>He went from losing a fortune on paper to building <strong>AppSumo</strong>, a $100 million-a-year bootstrapped empire - all without raising a single dollar of VC money.</p><p>Noah, thanks a lot for being here!</p><p><br /></p><p><strong>TIMELINE</strong></p><p>00:00:00 - 00:02:10 : The trillion-dollar miss at Facebook</p><p>00:02:10 - 00:06:43 : Leadership lessons from Mark Zuckerberg's billion-dollar rejection</p><p>00:06:43 - 00:12:13 : The lifetime deal dilemma destroying software value</p><p>00:12:13 - 00:19:40 : Why most entrepreneurs never take action</p><p>00:19:40 - 00:26:49 : Building discipline through small daily choices</p><p>00:26:49 - 00:33:10 : The scary reality of AppSumo's uncertain future</p><p>00:33:10 - 00:42:09 : Community quality crisis in the AI era</p><p>00:42:09 - 00:48:58 : Testing new models before it's too late</p><p>00:48:58 - 00:57:07 : Hiring secrets for bootstrap businesses</p><p>00:57:07 - 01:04:29 : Finding contentment beyond the billion-dollar dream</p><p><br /><strong>REFERENCES</strong></p><p>- <a href="https://fr.wikipedia.org/wiki/Mark_Zuckerberg" rel="ugc noopener noreferrer" target="_blank">Mark Zuckerberg</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Peter_Thiel" rel="ugc noopener noreferrer" target="_blank">Peter Thiel</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Marc_Andreessen" rel="ugc noopener noreferrer" target="_blank">Marc Andreessen</a></p><p>- <a href="https://www.linkedin.com/in/parkersean/" rel="ugc noopener noreferrer" target="_blank">Sean Parker</a></p><p>- <a href="https://www.linkedin.com/in/dmoskov" rel="ugc noopener noreferrer" target="_blank">Dustin Moskovitz</a></p><p>- <a href="https://www.facebook.com/soleio/" rel="ugc noopener noreferrer" target="_blank">Soleio</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Bill_Gates" rel="ugc noopener noreferrer" target="_blank">Bill Gates</a> </p><p>- <a href="https://fr.wikipedia.org/wiki/Steve_Jobs" rel="ugc noopener noreferrer" target="_blank">Steve Jobs</a> </p><p>- <a href="http://linkedin.com/in/moodyglasgow" rel="ugc noopener noreferrer" target="_blank">Moody</a></p><p>- <a href="http://linkedin.com/in/christinerogersraetsch" rel="ugc noopener noreferrer" target="_blank">Christine Rogers</a></p><p>- <a href="https://www.ynab.com/author/jesse-mecham#:~:text=Jesse%20Mecham%20is%20a%20personal,book%20You%20Need%20A%20Budget." rel="ugc noopener noreferrer" target="_blank">Jesse Mecham</a> – </p><p>- <a href="https://www.linkedin.com/in/aymanalabdul/overlay/about-this-profile/" rel="ugc noopener noreferrer" target="_blank">Ayman Al-Abdullah</a></p><p>- <a href="https://www.linkedin.com/in/reidhoffman/" rel="ugc noopener noreferrer" target="_blank">Reid Hoffman</a></p><p>- <a href="https://www.amazon.com/Million-Dollar-Weekend-Surprisingly-7-Figure/dp/059353977X" rel="ugc noopener noreferrer" target="_blank">Million Dollar Weekend by Noah Kagan</a></p><p>- <a href="https://appsumo.com/" rel="ugc noopener noreferrer" target="_blank">AppSumo</a>  </p><p>- <a href="https://appsumo.com/tidycal/" rel="ugc noopener noreferrer" target="_blank">TidyCal</a>  </p><p>- <a href="http://airbnb.com" rel="ugc noopener noreferrer" target="_blank">Airbnb</a>   </p><p>- <a href="https://www.asana.com" rel="ugc noopener noreferrer" target="_blank">Asana </a> </p><p>- <a href="https://www.lemlist.com" rel="ugc noopener noreferrer" target="_blank">Lemlist </a>  </p><p>- <a href="https://reclaim.ai/" rel="ugc noopener noreferrer" target="_blank">Reclaim</a></p><p>- <a href="https://bolt.new/" rel="ugc noopener noreferrer" target="_blank">Bolt</a></p><p>- <a href="https://www.hostinger.com/" rel="ugc noopener noreferrer" target="_blank">Hostinger</a></p><p>- <a href="https://app.emergent.sh/" rel="ugc noopener noreferrer" target="_blank">Emergent</a></p><p>- <a href="https://pika.art" rel="ugc noopener noreferrer" target="_blank">Pika</a>  </p><p>- <a href="https://www.youneedabudget.com/" rel="ugc noopener noreferrer" target="_blank">YNAB</a></p><p>- <a href="https://vercel.com" rel="ugc noopener noreferrer" target="_blank">Vercel</a></p><p>- <a href="https://tabby.ai/" rel="ugc noopener noreferrer" target="_blank">Tabby </a> </p><p>- <a href="https://www.ycombinator.com" rel="ugc noopener noreferrer" target="_blank">YC </a></p>