177: Frank Song - From Sleeping in Walmart to 8 Figures

Published: April 22, 2021, 1 p.m.

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Frank Song is currently managing $20 million in committed capital to pursue buyouts of, partnerships with, and/or building highly profitable businesses in unsexy markets. Frank increases enterprise value by implementing large, sustainable competitive advantages into the businesses, such as: increasing operating sophistication, pursuing strategic acquisitions or partnerships to create a national oligopoly or local/regional monopoly dynamic, implementing technology advantages, and increasing performance marketing returns.

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Additionally, Frank currently works as a confidential advisor to business with at least $10mm in revenue and politicians to advise on how to implement an art of war campaign in their markets or campaigns to defeat competitors who are larger or better resourced.

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Previously, Frank worked at Accel-KKR, one of the top private equity funds (based on returns), where we helped manage the $4.0 billion fund by completing buyouts and growth equity investments of $20mm - $1bn technology companies.

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He has contributed capital to:

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HighJump (sold for $750 mm)

Zinc Ahead (sold for $130 million)

PageUp (sold \\u2013 amount undisclosed)

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Listen to ILAB 177 on iTunes here or subscribe on your favorite podcast app.

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Where we are:

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Time Stamps:

  • 11:19 \\u2013 Why did you choose to live in the suburbs of Ukraine?
  • 13:46 \\u2013 Tell us a little about your story from how you grew up to now?
  • 15:30 \\u2013 Explain the \\u201cI slept in a Walmart\\u201d time of your life
  • 17:50 \\u2013 How did you make it to Ukraine?
  • 19:37 \\u2013 How did you get started in investing?
  • 26:12 \\u2013 What do you traditionally invest in?
  • 29:19 \\u2013 What are some of the businesses you have invested in?
  • 34:50 \\u2013 How do you manage all of the businesses?
  • 36:43 \\u2013 Can you talk about your recent business trip to Dubai?
  • 37:49 \\u2013 What is your general philosophy on where to invest?
  • 46:50 \\u2013 Johnny and Derek review

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