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Back to #1 - From making $76k at Microsoft to selling TinyCo for $100M+.

What Happened When Japanese Mobile Games Entered America?

They spent about a dollar to acquire a customer and got about $2.50 back. Japanese mobile gaming companies left a saturated Japan, opened offices in San Francisco, and pushed United States acquisition costs from a dollar to $4, then $6, then $9 in six months, flipping the unit economics.

Transcript

#1 - From making $76k at Microsoft to selling TinyCo for $100M+ ·

My First Million

More from this episode

  1. What Happened When Charlie Kindle Toasted Windows Home Server in Las Vegas?Charlie Kindle, who ran Windows Home Server, stood up in Las Vegas to give a toast and started crying because he was so excited to see that baby born.
  2. What Happened When Superlatives Launched on the Facebook Platform?The first app was called superlatives.
  3. What Happened When the Offer Came in at $2 Million After Nine Months?At Microsoft the pay was $76,000 a year.
  4. Why Did the Early Newsletter and College Ideas Get Dropped?They chased a newsletter business after Comcast bought a women's newsletter for $400 million, then launched a Green energy newsletter and stopped because they…
  5. How Did Tiny Co Get Its Name?They looked for domain names that were really cheap and fun, and tiny co cost $700 while the other ideas were very expensive.
  6. What Happened When the Launch Featuring Looked Bad?He saw a bad featuring, thought the company had died, left at noon, watched Netflix for two hours, and fell asleep.
  7. Why Did Selling Deodorant Online Look Like No Business?It was not obvious at the beginning that you can build a meaningful business selling $12 or deodorant over the Internet. The brother had the faith.
  8. Why Does Other People's Success Bring More Joy Than a Personal Win?More joy and pride comes when other people are successful and when careers leap frog because they worked at Tiny Co or Native.
  9. What Would You Work on If You Graduated From College Today?The work would be something in the biology space, on genetics or bioengineering.

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