MORE DFS DRAMA? ANOTHER SITE IMPLODES - LOLZ EP. 255

LOLz : A DFS Show

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10M ago 1:14:58

MP3•Episodio en casa

Justin Macmahan joins Pete and Bric to discuss the rise and fall of his old DFS company, Daily Fantasy Insider, including a big dispute with his tech partner and a failed sale attempt. They also grill Justin about whether subs at his new site, Really Good Picks, are paying double, why he's not playing on his own account on DraftKings anymore, whether he has outstanding DFS debt, and the story behind TikTok superstar Josh Richards promoting the new site on Twitter. 🐦Justin's Twitter ➝https://twitter.com/JustinMacmahan

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Timestamps:

00:00 - Intro

02:00 - Justin Macmahan's DFS origin story and Daily Fantasy Insider

04:00 - A falling out with his tech partner/CTO; getting locked out from the site

8:00 - J-Mac's impetus for launching a new site

9:30 - How did the equity work at DFI?

12:00 - The company valuation of Daily Fantasy Industry

14:30 - What ultimately fractured DFI (a failed sale)

26:00 - How are subs being made whole?

28:45 - A recap of what happened with DFI

29:50 - Are new subs at Really Good Picks being charged double compared to DFI?

33:00 - Did Justin Macmahan self-exclude on DraftKings?

48:00 - Do you have any outstanding DFS debts?

53:00 - How did you get Josh Richards to vouch for the site?

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