I Turned Down 8 Figures at 27... It Cost Me Millions
About this episode
Jesse Pujji shares his journey of turning down significant offers and the lessons learned about personal finance and entrepreneurship.
We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wr Why do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise. He got his first $5M check and expected to feel superhuman. The next day was one of the most disappointing of his life. Jesse Pujji walked away from a Goldman Sachs job where he made $500K at 25 — with a boss making $3M and a group head making $20M — to bootstrap an ad agency on $33K per partner and a stack of Amex cards. Ampush cracked the Facebook arbitrage before almost anyone: $100K in monthly revenue in June 2010 became $2M a month with $600K in EBITDA fourteen months later. He scaled it to half a billion in annual ad spend and 250 employees without raising a dollar, turned down $25M at 27, sold 20% to Red Ventures in 2015, and sold the whole thing to New Mountain Capital in 2022 for somewhere between $40M and $60M on a 35% stake. He…
More episodes of Moneywise
- He Turned Down $11B... Here's Why
- He Sold For $1.5B But Will Never Retire
- He Sold 4 Companies for $1.5B. The $13M Exit Changed His Life.
- How Anne Mahlum Spends $200k/month with a $115M Net Worth
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