Adam Foroughi, Applovin CEO: Surviving a 92% Drawdown, Ads as ML 1.0 & the $50B Game Ad Market
- Sep 20, 2026
- 23:52
- Full Episode
(0:00) Adam Foroughi joins the Besties! (3:07) Discovery vs search & is your phone listening? (10:04) IPO tumble & becoming your own best investor (16:00) Privacy rules, Apple's crackdown & how agents change people’s shopping (20:00) How a lean team beats the giants, margin moats & building in China
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Brief Summary
Adam Farugi discusses AppL's growth in mobile advertising and the evolving landscape of consumer engagement.
Key points
- Adam Farugi's Company Success. Adam's company is set to make $6 billion this year, showcasing impressive growth.
- The Impact of Advertising Technology. Advertising technology is evolving, with deep learning models driving significant economic growth.
- Navigating Market Challenges. Adam shares insights on managing a company during a stock market downturn.
- The Role of Agents in Commerce. Exploring how agents might optimize shopping experiences in the future.
- Competing with Giants. Discussing how a small company can thrive against industry giants like Meta and Google.
- The Value of a Talented Team. Emphasizing the importance of working with brilliant minds.
Episode highlights
- Adam Farugi's Company SuccessAdam's company is set to make $6 billion this year, showcasing impressive growth.“They're going to print something like $6 billion in cash this year.”0:21Sep 20, 2026
- The Impact of Advertising TechnologyAdvertising technology is evolving, with deep learning models driving significant economic growth.“The better these technologies get, faster GDP growth.”10:02Sep 20, 2026
- Navigating Market ChallengesAdam shares insights on managing a company during a stock market downturn.“Look, it's an us against the world mentality.”13:19Sep 20, 2026
- The Role of Agents in CommerceExploring how agents might optimize shopping experiences in the future.“What role does the ad play in this agentic commerce?”18:41Sep 20, 2026
- Competing with GiantsDiscussing how a small company can thrive against industry giants like Meta and Google.“We think every day we wake up and we're probably going to get screwed.”20:30Sep 20, 2026
- The Value of a Talented TeamEmphasizing the importance of working with brilliant minds.“I'm probably the dumbest person in that room.”23:34Sep 20, 2026





