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▶ 62:00 · $APP · How AppLovin Built a $100B Ad Machine
episode briefing
Sourcery VC

How AppLovin Built a $100B Ad Machine

2026-08-14 · 1 company · 8 thematic
sentiment
1 bull0 bear0 neu
speakers
adam

Co-founder and CEO of AppLovin (APP), a $100B+ market cap mobile advertising and marketing platform. Former derivatives trader who built the company from zero to public company, navigating a 92% post-IPO drawdown and recovery via Axon 2.0 model architecture.

quote
“We probably on an EBITDA basis, I think we're over a 7 billion run rate and we generate somewhere around 75% cash off the EBITDA dollar... To take it from this scale up and be worth a trillion. We've got to believe that we can get to 30 bi…”
—adam

episode shorts · 8

AppLovin's CEO on cutting every distraction to build a $100B ad…

AppLovin's CTO: "I don't want our engineers to sit next to AI.…

AppLovin CEO: AI can automate the business, but not the custome…

AppLovin CEO Adam Foroughi on why AI needs a better story than…

AppLovin CEO Adam Foroughi: "The burden of execution is still p…

AppLovin's CEO on turning a 92% stock crash into a buyback mach…

AppLovin's CEO on the one metric that keeps engineers honest

How AppLovin Built a $100B Ad Machine

now playing · $APP
$APP···bullish· highadam
AppLovin CEO outlines $1T path: $30B+ cash flow via AI-driven ad engine and vertical expansion
AppLovin's Axon 2.0 deep learning model delivers more accurate predictions at lower GPU compute cost, enabling profitable performance advertising at scale. With $7B+ EBITDA run ra…