YouSaid · the spoken record
Josh Buckley
- lines on the record
- 55
- first
- 2021-04-27
- most recent
- 2021-04-27
- sittings or episodes
- 1
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- podcast
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“Went through Y combinator. Over time, raised about $40 million first round from Andreessen Horowitz, and I ran a company as CEO for about eight years. It was a wild ride, and I learned a lot from being in the gaming industry, developing and launching multiple games, I would say, to succeed in gaming because it's such a competitive space, right? In the mobile app stores, there's kind of two shops. There's the Apple App Store and then there's the Google Play Store, yet there's millions of new apps launching every year, but with limited shelf space, which means it's brutally competitive and low barriers to entry. The only real way to win is kind of operational excellence. And there's a number of disciplines you have to be better than the rest at, such as monetization, distribution, analytics. At the time, many investors”
2021-04-27 · Invest Like the Best · Josh Buckley - Identifying Legendary Start-ups - [Invest Like the Best, EP. 223] · IDENTIFIED FROM THE TRANSCRIPT · source
“Time I just wanted to start a company, and all I knew was video games. I'd sold one, I played them, I was a user, and I realized this was back in 2011, that Pokemon was a phenomenon because I was a big fan, but they had no presence online or on mobile or anything. So my best idea was Pokemon for the iPhone. And we launched it and kind of blew up. It won the top 50 grossing apps in the App Store.”
2021-04-27 · Invest Like the Best · Josh Buckley - Identifying Legendary Start-ups - [Invest Like the Best, EP. 223] · IDENTIFIED FROM THE TRANSCRIPT · source
“A lot of money at the time, especially for a 15 year old, and they were frankly shocked, quite proud as well, which felt amazing. And I didn't know what to do with this money. It was life-changing at the time. But that led me to do a number of things. I started flying around the world. But it also led me to study investing. One of the first investing books I read was actually a snowball, Warren Buffett biography. And that led me to want to start flying to Omaha every year. It also introduced me to a community of people on the internet where I got my start as an angel investor when I was about 17 and had some lucky hits early on that brought me out Silicon Valley. Instead of going to college, why combinator was my college? I went straight from high school to getting on a plane to San Francisco and starting a company right out of high school.”
2021-04-27 · Invest Like the Best · Josh Buckley - Identifying Legendary Start-ups - [Invest Like the Best, EP. 223] · IDENTIFIED FROM THE TRANSCRIPT · source
“After a year, a company in Texas reached out and offered to buy it off me. And I was stressed out with running this thing in high school. So I sold it at the time, a lot of money. And I never even told my parents I started it. So one day I had to surprise them with this contract. And I kind of led into the rest of my career.”
2021-04-27 · Invest Like the Best · Josh Buckley - Identifying Legendary Start-ups - [Invest Like the Best, EP. 223] · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, thanks, Patrick. Huge fan of the show. So I got my start as an entrepreneur by programming, got a computer at home when I was 11, and taught myself how to code because I wanted to make money on the internet. When I was about 15, I built my first company, which was an online gaming company. It was a virtual world. And we bought a community of a couple hundred thousand people playing this game. We made money selling virtual goods on this. I think this was around maybe 2005. I ran it from my bedroom for a year. My parents just started playing video games up there.”
2021-04-27 · Invest Like the Best · Josh Buckley - Identifying Legendary Start-ups - [Invest Like the Best, EP. 223] · IDENTIFIED FROM THE TRANSCRIPT · source