In this episode, we’re talking to Noah Kagan, the founder of 2 multi-million dollar businesses: Appsumo and Sumo.com. For being just 35 years old, Noah’s got a pretty insane life story already and we’re digging into everything in this episode.
Noah was employee #30 at Facebook (which as of today is valued at $432B), but he got fired after less than a year there before any of his stock vested, so he walked away with nothing.
During his time at Facebook, he was also working on his very first side hustle—a conference for young entrepreneurs that netted him $50,000 in profit.
Next, he landed as the director of marketing, employee #7 at Mint, the personal finance app, before they even launched and long before they’d go on to be purchased by Intuit for $170M.
But again, Noah left before any of his stock vested at the company, walking away with nothing for the second time.
So how’d that pan out for Noah? Well, he went on to turn down an acquisition offer for $100,000 plus equity for his game company (while he was still working full-time at Mint). This offer would’ve been worth somewhere between $8-10 Million today.
Instead, Noah eventually sold his game company for around $10,000 after it was clear only a few of them were really taking off.
Special thanks to our sponsor for this episode, Freshbooks: Cloud accounting for freelancers, solopreneurs and side hustlers.