How we scaled to $100M in under a year (ft. IM8 co-founder Danny Yeung)

0:00We hit 100 million annual revenue run rate at 11 months.

0:04Cruents did it in 22 months, right?

0:06And they were acquired for 1.2 billion.

0:08AG1 took them 10 years to hit 100 million.

0:10We hit 200 million run rate in 18 months.

0:24All right, Danny, welcome to the show, man.

0:25Why don't we start off?

0:27I'll just give a little intro to yourself.

0:29So who are you?

0:30What do you do?

0:31Hey, Sean, thanks for having me.

0:32Quick background, myself, always been an entrepreneur.

0:36Started working at a very young age at 15.

0:38I was a telemarketer.

0:39So that's how I got started working.

0:41Age 24, had my first business, was a restaurant.

0:44Did that for three, four years, then ventured in the hotel furniture business, import-export from China into the U.S.

0:51Eventually working on some big projects like the MGM City Center in Vegas.

0:55Did that also for the three, four years.

0:57And in 2010, I took a leap of faith and moved to Hong Kong to launch an e-commerce company that was doing Group Buying.