AppLovin CEO: Why Founders Shouldn't Angel Invest & Why the Best Don't Need Mentorship
Harry Stebbings interviews AppLovin CEO Adam Foroughi, discussing his leadership philosophy and the company's journey through market volatility. Key themes include AppLovin's turnaround after a significant stock drop, building a high-performance "culture of doers" in an AI-native era, and the personal sacrifices inherent in a CEO role. Foroughi also shares his predictions for the future of enterprise SaaS amidst AI disruption and his views on CEO compensation and strategic buybacks.
- AppLovin uses AI for 80-90% of its code, but measures success by value creation and business KPIs, not just code volume. Read →
- Adam Foroughi's $83 million 2023 compensation package was structured in 2022, following a 92% drop in AppLovin's stock price. Read →
- AppLovin executed an unconventional stock buyback by directly approaching private market sellers instead of open-market purchases. Read →