transcript · 10,644 words

#6 - How This Silicon Valley Outsider Hustled His Way to $750M Exit - Meet Vungle's Jack Smith

Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

Basically he stood up during the pitch and he's like banged on the table and he's like You guys don't know anything about advertising. There's people with like twenty years experience at Google working on this and you just look this up on the internet like five minutes ago and you think you can come up with better advertising company. You will never raise a single dollar of funding. That's my friend Jack. Co founder of Vungle, describing his first investor pitch.

It's not exactly how you want it to go. So uh How's the company doing today? Private equity firm Blackstone is set to acquire Vungle for an undisclosed sum that is hotly rumored. 750 million US dollars in cash. Uh is it rolling, guys?

Okay, cool. Uh, Jack, man, I appreciate you coming on the show. I've been excited to have you on because Every time I meet you, you are up to Some new company, some new sh like experiment, some new kind of clever thing. You're I w I would call you sort of you're the most clever guy I know in Silicon Valley. Like I I ask some friends the other day, I was saying, you know, if we had to nominate one of us to go on a game show and you don't even know what the game show is, but you want you know, you're gonna need some set of skills to win it. You're gonna have to, you know, maybe you have to be good socially, physically, uh you have to be clever, solve puzzles, whatever.

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