Adam Foroughi

speaker

1,682 appearances 2 recordings 2 series first heard Apr 2026 last heard 27 Apr

Adam Foroughi’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Apr 2026 with 2.

Appearances

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch · 20VC: Applovin: $160BN Market Cap, $5.48BN Revenue, $10M EBITDA Per Head | Why the Best Do Not Need Mentorship | Why Founders Should Not Angel Invest | Why Kindness in Business Will Slow You Down with Adam Foroughi · 27 Apr 2026 podcast

People are working and seeing the exact same thing that we're talking about.

And they're probably and their families are probably going, is this company a piece of shit?

Why aren't investors buying the shares?

Well, it's easy to get tricked into believing it is when it goes down 92%.

Yeah, I mean, look, I think it's the latter today because the former is still yet to take full effect in most companies.

But a couple of years ago, we grew and we've been growing really fast ever since we launched this model Axon 2 in April of 2023 and the stock recovered.

But I think it was in 24, 25, but mostly in 24.

We had a year where we probably grew near triple digits, but we ended up cutting the team's staff by 40, 50% in most departments.

And the reason I did that then is a belief that if the role was going to get automated or that AI was not being adopted fast enough in those departments, it's time to let those people go and rebuild the organization as if we were building it, knowing what technologies were available to us today.

Yeah, I mean, it's like, first of all, like, a lot of, one, you end up, over time, companies get bloated.

So I said, like, what are the process-oriented organizations?

Like, what is created?

Even in our company, we run really lean.

We've got a really high revenue per employee and EBITDA per employee, but even at that time,

we'd gotten bloated over a decade plus.

And so I looked at first, like, what are the process enabling parts of the organization?

So one was HR.

HR as a function is necessary to have because you've got to be able to do things like hire people and fire people.

But our team had gotten bloated and there was a lot of process that the HR team was introducing in the organization.

As a founder, I still remember the days we were 10, 20, 50, 100 people, and you didn't have that much process.

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