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My Friend Built A Million-Dollar Company: Here's How He Did It

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Today's video is a special one because unlike regular Business Casual videos, it covers a story that is still in progress. In fact, the story in this video is a personal one; today we'll go back to the earliest days of Business Casual to learn how I met an entrepreneur that was a great inspiration for starting this channel. Fran Villalba Segarra became one of my closest friends even before I had started Business Casual and while I was building this channel, he was laying the foundation for a company that today is valued at $4 million. This is the story of Internxt, a company developing decentralized software that was funded through a public cryptocurrency offering. This is a story that unlike most Behind the Business videos I am telling in present tense, not past. Support me on Patreon to get early access to my future videos: https://www.patreon.com/business_casual Join me at BC's subreddit and on social media: Reddit: https://reddit.com/r/businesscasual Facebook: https://www.facebook.com/business.casual.yt Twitter: https://twitter.com/BusinessCasual0 48th video of the Behind the Business Series. Under the kind patronage of Nagabhushanam Peddi, Dan Supernault, Samuel Patterson, James Gallagher, Brett Gmoser & Roman Badalyan.
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Text Comments (438)
Саъди Нурматов (2 days ago)
Hello
Nischay Gowda (5 days ago)
Which software do u use to make these videos?
Tom Bell The Mad Scientist Marketer (7 days ago)
Well done sir. I LOVE hearing about businesses like this.
True Love Cafe Canada 290 Dundas St E Toronto ON (7 days ago)
It is beautiful to watch the love that friends have for each other.
Ajeet Shankar (9 days ago)
Please make a video on Indian company 'TATA Company'.
Zaheer Bayat (10 days ago)
Love your videos bro. Would love to meet you someday.
Ra fa (14 days ago)
good fucking luck fran!!!
Taner Özsoy (16 days ago)
Scam scam scam
Christiaantjahhh (19 days ago)
Wait.. your Dutch?
Raju Basumatary (19 days ago)
Seems like your friend is a crazy fan of Silicon Valley
Bozhidar Bozhilov (26 days ago)
What do do you know about Bulgaria
Sarvagya Saxena (28 days ago)
despite some "super intelligent" people decoding the "marketing for friend", i find this video the best. usually the stories here do inspire, but the business tactics used in those are old. this stories covers some really modern ideas and insights.
xGARIDx (1 month ago)
Yea yea but how to build your own million dollar company?
Vivek Kaushal (1 month ago)
Isn't that what they did in HBO's Silicon Valley?
Ekanem Ekemini (1 month ago)
this video just spiked my motivation
Nicholas Littlejohn (1 month ago)
His name is Fran? You're trolling all of us.
Nicholas Littlejohn (1 month ago)
Lambo : ) hahaha no.
Nicholas Littlejohn (1 month ago)
Very close..millionaire..yea right! :)
Bianca Paiz (1 month ago)
What do you use to make your animations? I'd like to begin making educational videos that are use creative animation and images like you. -Thanks!
ThePuffyrule (1 month ago)
Try Romanian patisserie, it 10 times better
sourabh shankar (1 month ago)
I hope ur friend is aware of Filecoin.
Yaw Ansong Snr (1 month ago)
clear advertisement. Unsubscribed
Gianluca Vernia (1 month ago)
Is he still in college?
Braeden G (1 month ago)
+BusinessCasual do you or your friend help with someone who has a business idea but not completely able to do it own there own without some help?
popcorn time (1 month ago)
Dammmn it was my future plan for business
Kunal Baghel (1 month ago)
Same Technology used in TV series Silicon Valley decentralized internet
MD Israil Ali (1 month ago)
Cool
Khairuddin Che Othman (2 months ago)
great video. very engaging.
just Faisal (2 months ago)
they basically printed their own money.... SCAM!!
Harish Ganesan (2 months ago)
its very similar idea of torrent peers upload a data and people download data as pieces i wonder what if the person who has the data is offline how will the person who needs the data get it ......
Ittehad Chowdhury (2 months ago)
Souund louder from next time
Sam Finance Concepts (2 months ago)
This gives lots of motivation. 💪💪💪
VIJAY RATAN (2 months ago)
Great video,very nice vedio i loved it.and liked it.. and subscribe d ur chennel
Blender Robot (2 months ago)
Got the idea from Pied Piper?
Those Three Gamers (2 months ago)
Fran Villalba, isn't he a footballer?
TRICKY DARCI FOX (2 months ago)
start with the Pope, Soros - Rothchilds and others of that ilk
Dux Ducis Hodiernus (2 months ago)
Waaaaay too early to report on your friend, he hasn't even delivered the product yet. Nothing was learned from this video, this just seem like a promo about internxt
martin king (2 months ago)
This is one of my best of your videos ..thanks for sharing this inspiration!
малчо циганина (2 months ago)
Hello from bulgaria
rjrex8 (2 months ago)
Asus computer company pls
ROCK STAR (2 months ago)
Both in internet business great job keep advertising yourself but great story.
Polymitaer (2 months ago)
keep it up man!
Pat W (2 months ago)
subbed
The English Gentleman (2 months ago)
Well done to him
innovator10 (2 months ago)
i tried to find how to be a cloud host on xcloud but couldnt find how to. can someone please send me a link for it plz
Mohammed Abu-Serrieh (2 months ago)
Beautiful video, thanks for sharing the story. It's definitely a huge motivator to someone like me who's striving to kick start his own business to say the least.. I wish Fran all the best.
Kai Sweep (2 months ago)
Im also going to study BA at Erasmus as well :) Business Casual are also from the Netherlands?
Lorenzo MTB (2 months ago)
Pied Piper was right!
TXG (2 months ago)
Fran is the real-life Richard Hendricks
ngethe kinyanjui (2 months ago)
Smart.
Sourish Saha (2 months ago)
inspiring
hileute2a2 (2 months ago)
Coin Market cap does not represent enterprise value
wabi sabi (2 months ago)
Pied Piper. 😁
10 OG (2 months ago)
Now I'm curious about how Bulgarian Pastries taste.
Mateja Petrović (2 months ago)
Exciting story!
Sagar Bhattarai (2 months ago)
Can somebody provide me the link to this project
Tyvaughn Holness (2 months ago)
They're going to face tough competition against Storj and Filecoin (if they ever get off the ground) but as long as there's innovation in the space, I'm happy
Emmanuel Garcia (2 months ago)
Sounds a lot like the "Silicon Valley" show.
Ki Schoebel (2 months ago)
But isn’t a million dollar company small many small companies can be in the billions
Fart Vader (2 months ago)
Such a long add for Bulgarian Pastry. 10/10 would eat again
Enid Grimes (2 months ago)
When i saw the word bitcoin i knew it was gonna be a fluze. From $20m to $3m just goes to show how this business only cares finding the next big coin. You can prolly get rich if you sell your business for what its worth at that time but not if u run it for 20 years. The whole tech business model is just not built for building intrinsic value, unless youre one of the big boys your company is pretty much worthless
JonatasAdoM (2 months ago)
What's in for internet next? Stay Tuned
metehan öz (2 months ago)
Sia coin and storj.io already done that
nacha laica (2 months ago)
so you only need 200k subs to make 1k per month on YT?
Saikat Sasmal (2 months ago)
its sounds like pied piper silicon valley season 8
blacksiddis (2 months ago)
IBEB > IBA though
Mel Woods (2 months ago)
Do the history of the warehouse
Shahryar Jaffer (2 months ago)
How do i invest in this company?
The Logical Baron (2 months ago)
Do the Rise and Fall of MySpace. I'd be interested to see this.
Ian Muthomi (2 months ago)
I like your videos mainly because you’re channel is good at covering biographies at a very short time. Please do a video on Mark Zuckerbug and Facebook
Sal T Balsak (2 months ago)
So, your friend "built" his million dollar company by copying existing tech and getting a bunch of suckers to buy worthless tokens during the lead-up to the crypto bubble. ICOs are for companies looking to bilk unsavvy, get rich quick investors based on pure speculation, not actual value. His company is not worth $1, let alone $1,000,000. Be sure to make make a follow-up video in a year when this coin hits $0 like the 1000s of others before it which followed the same route. But hey, at least your friend made some quick $$$.. amiright? Unsubscribed.
bvzr (2 months ago)
I love this guy's content👍
R Devesh (2 months ago)
Silicon Valley?
Bleson (2 months ago)
I accidentally searched for x share and it happened to be a porn site xD
Adnan A (2 months ago)
I wish I had these entrepreneurial skills
ROCK STAR (2 months ago)
think simpler go easy slowly grow then hire best people. you will ultimately always win.
Adnan A (2 months ago)
AK Vlogs sounds like med school lol
AK Vlogs (2 months ago)
You can. But its a lot of hard work and sleepless, depressing, nights
Smkwd pntwll (2 months ago)
I’m thinking about studying at the Erasmus university too Is it better than UvA?
gabie dubin (2 months ago)
so basically your friend is richard hendrix?
rawaz [UK] (2 months ago)
Kids gone too far
Brent Williams (2 months ago)
Seems to me this wasn't how he built a million dollar company - just got a lot of funding. His actual company hasn't done anything and having a "beta waitlist" isn't that impressive. I'm not saying it isn't impressive how he was able to monetize - just saying it really isn't a viable company until it actually works.
施泓祥Viktor (1 month ago)
Yeah, his friend is a doer and has average entrepreneurial skills. However, if the company does not have cash flow, it's just a valuation hyped by ICO. Imo, a company that does not have a strong cash flow will fail eventually.
Join The Resistance (2 months ago)
''partially destroyed'' as in completely whiped of the face of earth?
Alonzo C (2 months ago)
An intresting project but there are many similar projects in the same vein, for example filecoin. However it is nice to see the growth in the crypto space.
RugbyHaus (2 months ago)
Good video. Good luck Fran and Internxt
DudesWazap (2 months ago)
Баница FTW
Johan Uskrup (2 months ago)
Hey, I know someone who is a major part in product development at DropBox in Redwood City, CA. Would you like me to tell contact him on behalf of your friend to see if they are interested in buying his company once the beta is proven?
Lampëão (2 months ago)
*_NIKE_* *M O N T ○ B L A N C* *O R A C L E* *F I A T* *_ducati_* *G M C* *WALMART* *WHOLE FOODS* *_A I R B U S_* *American Airlines* *E M I R A T E S*
Bless Gillette (2 months ago)
Roasting his friend he says “more reasonable valuation”
Bless Gillette (2 months ago)
That’s low key Genius
The Highschool Entrepreneur (2 months ago)
Siacoin 2.0?
Pcpie (2 months ago)
is it really fair to take the marketcap of their token as their company valuation? if we're going by that logic the company behind ethereum would be worth 45 billion right now. really dont think decentralized tokes should treated like a share in the company
Newsish (2 months ago)
Nope. An ICO for an alpha product does not constitute a "million-dollar company." Check back in when they're doing a million in revenue.
TheGerogero (2 months ago)
I study at EUR. This is inspiring.
blacksiddis (2 months ago)
Me too!
Fattah Rambe (2 months ago)
So he basically the real life Richard Hendrick from Silicon Valley and Internxt is the real life Pied Piper. You should ask him is he inspired his venture from the show. I'm curious.
El Joey (2 months ago)
I recommend you do a Video on Carlos Slim next
Rick A. (2 months ago)
AWS doesn't only support file storage. It includes a wide variety of Artificial Intelligence tools and an integrated environment of cloud computing.
Tegan Burns (2 months ago)
If I was Fran I'd try to sell ASAP. Google is pushing into the cloud storage market even more with "Google One". All the big companies have products/services that work with their cloud storage options. The pricing only seems to match Google One. Any vulnerabilities in his software could potentially cimple his company in an instant and leave clients/hosts damaged. Overall wayy too much risk. As far as static hosting I know Google Cloud's Multi Regional storage option is $0.026/GB and personally I have spent $0.58, this month working on an unreleased project. I'm sure there's other options out there too.
Tegan Burns (2 months ago)
"My friend got rich off Bitcoin"
Sukapon (2 months ago)
Amazing! Please do an update on this in 6 months or a year or something. I would love to hear how it goes for your buddy, Fran!
Kwaku Tabiri (2 months ago)
It's an amazing idea and this story just reignited my soul. I don't know how this will end, but i think it'll end pretty well, i'm a developer myself and im definitely going to check out internxt.
Jack Mister (2 months ago)
Nice story. But we don't get a clue about HOW your friend did it, which is what we expect of the title. You just tell about the 2 moments he got funding (selling the first site then ICO) and that he hired developers. That's quite few information. It would have been interesting to see how a person not into computer science is able to create and expand a software company, while not understanding the underlying subject, hence not able to take sharp decisions about its product. This is the reason why so few business graduates creates startups/software companies even though they are more normally more prepared than software engineers to create and expand a business. A second, more informative video would be appreciated to go beyond the nice story ;)
packiesla (2 months ago)
Next level shilling.