馃攳
This Basic Chrome Extension Is Making $44,000,000/Year - YouTube
Channel: My First Million
[0]
i started i i got kind of curious so
[2]
there's two extensions that caught my
[5]
caught my attention the first and
[7]
they're basically the same thing with
[8]
almost exactly the same name the first
[10]
is this thing called ad block i think
[12]
that's the one i use the second one is
[14]
called adbot ad block plus so that's why
[16]
it's a little confusing and so adblock
[19]
was created by one guy in georgia named
[21]
michael gundlach and he uh uh
[24]
he
[25]
just kind of built this thing in 2009
[27]
and he's been the only employee the
[29]
whole time and i went to his personal
[31]
website to learn about him and he only
[33]
has 55 followers on uh twitter his
[36]
website is called sorryrobot.com that's
[38]
his personal website and he has like
[40]
python projects a unity game that he
[42]
built called asteroids and he even has
[44]
an mp3 of him singing a christmas song
[46]
at church during christmas time
[48]
this is like by the way his linkedin
[51]
his job description is just a guy
[53]
uh he is in duluth georgia and it says i
[56]
am not available for work please do not
[57]
contact me about job opportunities i
[59]
created adblock the most popular chrome
[62]
extension for google chrome extension
[63]
and for safari with around 20 million
[65]
users it's neat
[67]
before that i did some other neat things
[70]
and he was the only employee and then i
[73]
did some research on his competitor
[75]
called ad block plus now this company
[77]
they have a few few more employees i
[78]
think they've got 20 or 30 people and
[81]
because they're based in europe when
[82]
you're a european company oftentimes at
[84]
least in england and i know it's a lot
[86]
of the k uh a lot of cases in different
[88]
european countries if you make over 20
[89]
million dollars in revenue you basically
[91]
have to file a report that reveals your
[93]
revenue and profit and so i went and
[95]
looked at this company called io it's
[96]
called io they own ad blocker plus in
[99]
2017 they did 44 million dollars in
[102]
revenue and 26 million dollars in profit
[104]
which is astounding and they had at
[106]
least a hundred million users however
[110]
if you look in the group the the chrome
[112]
plug-in store uh ad block plus has
[115]
around 150 000 reviews and it says
[118]
they've got over 10 million users if you
[120]
look at ad block which is the one
[121]
founded by this one guy they've got
[123]
something like 300 000 reviews and uh
[127]
also it says 10 million users and so
[129]
there's potential that this one guy had
[131]
a business making all of this money
[134]
tens of millions of dollars a year very
[136]
likely tens of millions of dollars a
[138]
year in profit just off a chrome
[140]
extension is that amazing this is
[142]
amazing i'm i'm still on this guy
[144]
michael gunlock's uh
[146]
website sorry robot.com resume um dot
[149]
pdf and
[151]
i i think you said this but i was
[153]
reading while you were talking so he was
[154]
an engineer at google working on google
[156]
ads and google adsense did you already
[158]
say that part no and
[160]
he worked on google and basically he
[162]
goes nah that i hate these ads
[165]
so his job was he goes at google i kept
[167]
the global at google ads and adsense
[169]
networks alive and kicking um in my
[172]
spare time i built this other thing and
[174]
i built this other thing uh you know
[175]
like because google has that 20 times
[177]
like i built this javascript framework
[178]
blah blah so basically he goes from
[181]
working at google and google adwords and
[183]
ad sets to creating adblock
[185]
and and makes 20 million dollars it
[188]
makes more than that uh off 20 million
[190]
users who who love this thing and what
[192]
year did you work at google i believe
[194]
like 0.5 2005 yeah so which is like
[196]
right after the ipo basically yeah so he
[198]
probably made 30 million dollars at
[200]
google like collectively it's pro that's
[202]
what it's worth now
[203]
yeah if he held it so it made tens of
[205]
millions of dollars off of that and then
[207]
reportedly now the thing about this guy
[209]
is everything's very quiet about this
[211]
guy he's hard to find everything's
[213]
impossible however i think in 2015 an
[216]
anonymous buyer bought adblock
[219]
interesting there's a world where it
[221]
could have been sold for like two or
[223]
three hundred million dollars i mean
[224]
there's a world where that exists uh
[226]
maybe it was lower but
[228]
it was it's a it's a huge problem he
[230]
stopped he he stopped working on ad
[232]
block or you know it sold probably 2015
[235]
which is kind of scary because these
[236]
chrome extensions are a giant security
[238]
hole for people because chrome
[241]
extensions can like read and write all
[243]
the data on your
[244]
as you browse the web so that's all
[246]
every email you're writing the text is
[248]
can be picked up by these chrome
[249]
extensions and even if they start off
[252]
safe because you know just a guy from
[254]
duluth georgia built it and he's an
[257]
engineer who has the right intentions
[259]
somebody who buys it with the wrong
[260]
intentions can really like uh do some
[262]
dirty stuff
[264]
you know with the data and even
[266]
modifying it and things like that so you
[267]
got to be careful with chrome extensions
[269]
i try to install the minimum amount of
[270]
chrome extensions as possible yeah they
[272]
are pretty scary and um yeah they're
[274]
nuts and
[276]
but it's a
[277]
wild business i think that what here's
[279]
here so i love these extension style
[281]
businesses
Most Recent Videos:
You can go back to the homepage right here: Homepage