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1529: He Pays 100M+ Users To Use Their Phones (And It’s Profitable) w/ Dan Novaes

Wantrepreneur to Entrepreneur · 2026-07-31 · 34 min

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Episode notes

In this game-changing episode, Dan Novaes, the CEO and co-founder of Mode Inc., unpacks a business model that flips the script on how we value our time and data. He reveals the strategy behind rewarding over 100 million users for everyday phone activities - from playing games to reading news - and how his company turned a near-death experience into a $100 million crowdfunding success story. This episode is a masterclass for any entrepreneur who feels trapped by traditional growth and funding models. Dan breaks down why distribution is the ultimate moat in the age of AI and how acquiring smaller companies can be a more profitable and scalable user acquisition strategy than pouring money into ads. Tune in to learn how to build a movement, align incentives with your customers, and forge an unconventional path to massive scale. What You'll Take Away For YOUR Business How to leverage crowdfunding to raise millions and build a loyal community of investors, even when VCs say no. Why M&A (Mergers & Acquisitions) is the new user acquisition - and how buying cash-flow positive apps can be more effective than ad spend.

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