How this betting site is surviving its second economic meltdown

Jason Trost, Smarkets, Covid Recession

Joining me is an entrepreneur who launched his company back in 2007. Within a year, we hit that 2008 economic meltdown and the world changed.

And I asked him about it and said, you know, truthfully, I’m in betting so I think things would have been hard for us no matter what. But there’s no doubt that the combination of the two factors really made things difficult for him.

In this interview he talks to me about how it influenced his business and made him into a better entrepreneur.

Jason Trost is the founder of Smarkets, an online betting exchange.

Jason Trost

Smarkets

Jason Trost is the founder of Smarkets, an online betting exchange.

Andrew Warner 0:04
Hey there, freedom fighters. My name is Andrew Warner. I’m the founder of mixergy. Joining me is an entrepreneur who launched his company back in 2007, the very next year, within months, actually less than 12 months after he launched, if we hit that 2008 economic meltdown, the world changed. And I asked him about it and said, you know, truthfully, I’m embedding so I think things would have been hard for us no matter what. But there’s no doubt that the combination of the two him being embedding and the fact that this was a tough economic market really made things difficult for him and he’s smiling as he talks to me about it because he says that it influenced his business made him into a better entrepreneur, and I’m asking, I’m gonna ask him about why and how. All right. Jason, Trost Jason, I forgot to ask you. Is that the right way to pronounce your last bros like most? Oh, trust, Jason trust. The founder of Smarkets,...

Continue reading the transcript...