I built a $50M AI app in high school (and just sold it for...)
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Episode 802: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to 19-year-old Zach Yadegari ( https://x.com/zach_yadegari ) about selling his $50M/yr app to MyFitnessPal.
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Show Notes:
(0:00) How much?
(1:57) getting rejected from Stanford
(5:45) 60-second origin story
(7:27) "your biggest skill is your audacity"
(12:50) the truth about selling a company
(23:24) dos and don'ts
(27:04) Zach's douchebag arc
(29:44) first dumb purchase
(33:08) decisions that made the app worth $100M
(43:51) Idea 1: Semantic search on IG
(45:10) Idea: apps
(48:00) filter for good ideas
(54:27) Dinner w/ Steve Cohen
(1:03:39) Where Zach is putting his money
(1:05:58) What Zach sucks at
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Links:
• Cal AI - https://www.calai.app/
• MyFitnessPal - https://www.myfitnesspal.com/
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Check Out Shaan's Stuff:
• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.
• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC
• I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out:
beehiiv.com/mfm-challenge
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Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth
• Sam’s List - http://samslist.co/
My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /