Sam Rattner
@SamRattner
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Sold first company for $40M at 23. Co-Founder & CEO at @Showroom . ☕️ in one hand 📲 in the other 🇺🇸 🇮🇱
Chicago, IL
Joined April 2011
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I sold my online gambling company for $40M in 2021. I was 23 when I signed the deal. That’s a fun story I’ll tell soon. I made millions but got bored quick. Started another company.
A lot of my friends and business colleagues say I should be more active on X. I’ve been quietly
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We used to submit massive regulatory applications to operate an online gambling site in every state.
My goofy cousin Max was our summer intern. How goofy? He printed 10,000 pages of regulatory documents to send via mail to New Jersey, but forgot to put “confidential” at the
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After dropping out of college, I flew to Miami to meet an investor. My first meeting.
I forgot to shave before I left, didn’t bring a razor, had no money to my name, $40,000 in maxed out credit cards.
I walked into a Walmart across the street from my $29/night motel, took an
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Showroom is ChatGPT for fashion.
Say goodbye to:
- sifting through garbage on Google
- having 40 tabs open
- 100 different return policies
- combing through old email receipts
- looking for clothes brand-by-brand
Say hello to:
- Search for anything
- however you want to
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@JoeyMannarinoUS
I am on the way back from Italy; two weeks in Rome, Cortona, Florence, Venice. The food is incredible and makes you feel different. Something is wrong with our food. Never been more sold in my life.
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Once, we arranged for a helicopter 🚁 to transport a billionaire board member from his backyard to a meeting with regulators.
He called and said “I do not get on single engine aircraft’s. I am too rich and important. Send a dual-engine jet and reschedule.”
I’ll never forget
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The pod with
@thesamparr
and
@ShaanVP
is out. Been watching
@myfirstmilpod
for years. A fan long before a guest.
Happy New Year! 🎊
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My close friend, Justin Kriezelman, is a distinguished emergency room surgeon at hospitals across America. He went to medical school in Tel Aviv and has many friends and colleagues helping in Israel.
I am Jewish. My late grandfather, Donald Rattner, was the President of the
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In 2013, I was a sophomore in high school and started a snow removal business with
@ilyafeddy
, who now runs a few companies with
@DavidDobrik
in LA.
I couldn’t drive yet and Ilya only had his permit. He’d take his moms car to grab me, we’d clear driveways all night from
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Happy to be a
@HamptonFounders
member.
I’ve followed
@thesamparr
for awhile and can’t brag enough about the people he’s brought into Hampton. Will be a special company.
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I am always busy, rarely stressed. People assume I would be stressed, yet the most stressed people I know work very corporate 9-5 jobs for Fortune 500.
Why is this? How could this be?
- wake up on the clock
- do the same thing everyday
- work with undetermined people
- hope
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Story time 🍿 🎥
About a year into my last company, Scott Butera joined to be my partner.
Scott was the President of Trump Entertainment Resorts for
@realDonaldTrump
in the early 2000’s. A young cutthroat investment banker on Wall Street, Donald found Scott early on and
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When starting my last company, we pinched every penny. It became a game. Who could save the most.
I joked about mixing our own ink for the printer. Was googling how to mix dextrine with carbon.
How serious were we?
Our CTO built all the computers.
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Had a lot of fun chopping it up with
@michaelsikand
and
@_simmy_
- really great guys.
Thanks for flying out to Chicago ❄️
This guy sold his company for $40M at 23 before it even launched.
Now he plans to beat Google with his newest startup.
From snow removal to sports betting to search engines.
Meet
@SamRattner
on the newest episode of Our Future Podcast ☕️🎧
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Mike Golden, the founder of ShopRunner and co-founder of GSI Commerce, has joined the Board of Directors at
@showroom
🎉
Mike co-founded GSI Commerce with Michael Rubin in the 90’s. GSI sold to eBay for $2.4B.
Mike then started ShopRunner. Alibaba led a $200M round, the
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3 days. $35,000 committed 🇮🇱 🇺🇸
$$$ is going right to medical facilities like this one —>
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My personal gratification from owning my cell phone has grossly diminished over the last 10 years.
I cherished my phone when I was younger. It connected me with friends in a way that had not been possible. It was a marvel device to me at the time - a magic trick of sorts.
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We sent the
@showroom
beta to thousands of users on the waiting list over the past few days.
The feedback has been incredible. People love Showroom. We also have a million development issues to fix.
That’s how it goes. We’re on it.
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I’ve been playing chess since I was 5. I was in chess club in elementary school. The photo on the left is me playing my uncle in 2002.
I’ve always wondered what it’s like to play a globally ranked player.
@Shishkana
DM’d me after watching
@myfirstmilpod
and I noticed his bio
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18 months ago I started a company in the sports technology space. Now I’ve been selected to pitch on one of the biggest sports technology stages in the country
@ICENorthAmerica
. There’s no place I’d rather be, happiness doesn’t do it justice.
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@TimdNerd
@davidxhuli
Kinda kidding….kinda not lol. I’d never start one in US again, that’s for sure. Foreign markets aren’t bad - I’d focus on iGaming if I did it again.
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The team at SF Tech Week asked me to come present Showroom during Demo Day.
Demo Day is put on by some very high quality people:
@andrewchen
@TimDraper
@m2jr
S/O
@thesamparr
’s new company Hampton - a founder messaged me in Hampton and asked if I could make it to SF 👍🏻
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I need a kickass brand designer. Not UI/UX, someone who ONLY focuses on branding.
- Logos
- Fonts
- Color palettes
- Brand book
I do not want an agency. I want a solo designer 👩🎨 🧑🎨 🎨
DM’s are 📭
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What an unbelievable event
@ICENorthAmerica
put on this week. Truly an elite group of industry execs looking into the future of the sports technology space. I’m also super pumped to say LineLibrary won the startup launchpad 🚀 🏆
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Just when I thought
@NorthwesternU
was as scum an institution as existed in America, they pulled a card I did not see coming:
Negotiating with terrorist supporters and Nazis.
I’m personally funding lawsuits. DM’s are open.
New at
@NRO
:
@NorthwesternU
’s administration, after negotiating with encampment organizers, announced a litany of concessions Monday afternoon. The list includes full-ride scholarships for Palestinian students and positions for Palestinian faculty.
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Today is a big day for LineLibrary!
@JUrban14
, former SVP of Sports Marketing for Gatorade and Co-Founder of Whistle Sports, a top tier sports marketing and content company in New York City, is LineLibrary’s new President.
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A ton of exciting jobs here in Chicago at
@fuboSportsbook
🤙🏼 🎉
Very interested to see
@fuboTV
angle into the sports gambling space with their recent acquisition of
@betvigtory
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👀 👀 👀
The online shopping sector feels ripe for major AI disruption.
No one has dominated vertical search and product discovery for fashion yet.
My eyes are on Showroom — which uses AI to learn your shopping preferences, which will allow for hyper-tailored, and fast recommendations.
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Also could not be happier to have
@76Capital
as our lead investor! The knowledge they have in the space and their passion for being a part of big ideas is second to none. Thank you
@waynekimmel
+
@ChadStender
for believing in our mission to disrupt the sports betting industry ✈️
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@dscheinm
In 2018, after I cold
emailed you, you emailed me back and forth for months. You gave advice and made many introductions to top tier VC’s.
I sold that company for $40M. I think about those emails a lot. You helped when I knew nothing. We need more investors like you.
I am having one of those weeks where I am questioning why I am still investing. I am not coming up with my usual good answers.
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We’re really excited about
@betvigtory
’s deal with
@ActionNetworkHQ
. S/O
@patevans
for writing on it, which you can find on the front of
@frntofficesport
. More details about the deal are in our release below 👍🏻
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For ~10 years, I’ve had friends, colleagues, investors - all ask me to refrain from publicly supporting Donald Trump.
It’s wonderful to see large democratic-donating businessman of 2012 change their tone. The charade is over.
God Bless
#45
and God Bless America! 🇺🇸 🇺🇸 🇺🇸
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It was a no-brainer. I couldn’t be more pumped to have Scott Butera along with me. Thank you,
@darrenrovell
🤙🏼
Will sports bettors migrate to a sportsbook that promises a lower price to bet, higher limits and offers the high end customer more valuable perks?
A new player entering the marketplace thinks so — it’s called
@betvigtory
.
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Why did PNP invest in
@showroom
?
They know the space cold. PNP was an original backer of a search company you know well…Google.
They now have some of the largest global commerce giants as LP’s in their growth fund:
- Phillips-Van Heusen $PVH (who owns brands like Calvin Klein
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Everything starts at the top!
NBA coaches are dressed like they’re coaching high school summer league. The nonchalant wardrobe has diluted the brand.
When Pat Riley used to walk in the building for Lakers vs. Celtics, you knew who ran the franchise.
Bring back the suits🏀 📸
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Most qualified guy for the job. Exciting day. Congrats, Mike.
Northwestern promotes Mike Polisky to athletic director, succeeding Jim Phillips.
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Couldn’t be more excited to be building Vigtory with Scott Butera. Let’s do it 🤙🏼
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Spot on. I hope the truth gets as much attention as the hoax.
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This man must be immediately added to the United States Terror Watchlist and
@TSA
No Fly List.
You can agree / disagree about Israel’s actions. Everyone is entitled to their opinion.
But rape is not a war tactic. That is terrorism.
@Stanford
who is this student?
Stanford University - a male sits calmly, texting on his phone while wearing a Hamas headband.
A HAMAS HEADBAND, without a care in the world.
On an elite University campus.
In America 2024.
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I have an odd feeling the math might 𝒏𝒐𝒕 work
I have never seen a card that gives 3% cash back on everything.
This probably should be top of wallet for most of you.
No annual fee (but requires RH Gold for $5/mo).
$ back goes to brokerage so they make more $ there; still not sure how they make the math work.
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Carla Dunham has joined Showroom as a Special Advisor to the Board 🎉
Carla was most recently the CMO of Away Luggage, one of the fastest growing brands of the past decade.
Carla was also;
- CMO of Foxtrot
- Head of Social - Amazon Fashion
- Head of Global Brand - Kate Spade
-
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Excited to be speaking at the SiGMA Sports Betting Summit out in New Jersey June 17th. Discussing advancements in A.I. as it pertains to market making, player agnostics and line adjustments. We’ll also be discussing advanced risk management applications (aka LineLibrary) 👍🏻
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People are entranced by the potential of continuously running Facebook Ads. “My ROAS on Facebook needs to be 3x. How could anyone grow without Facebook Ads.”
Facebook became Facebook without running Facebook Ads.
More below 🧵
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@BrettFromDJ
The effective tax rate for the top 1% has become ~ 50%.
From January to June we work for the government.
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Sports Illustrated also went broke and are rumored to be filing for bankruptcy
Sports Illustrated estimated that 80% of NFL players go broke in their first three years out of the league.
Not Marshawn Lynch.
Marshawn aka “Beast Mode” earned more than $56 million over 12 seasons.
He even won a Super Bowl with the Seattle Seahawks in 2014.
But one thing
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So it begins 🥁 🏀 🎉 ⚾️
It’s official. We have legalized sports betting and a Chicago mega-casino coming to Illinois.
Which sportsbook are you going to for The Super Bowl?
(📸:
@DaisyJourno
)
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When I first met
@stevenastra
I knew I wanted to get him on our side. Cannot wait to announce everything he’s been working on. 🎉 ⚡️🤙🏼
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He never stops swinging. Gotta love it.
Carl Icahn reportedly owns sizable stake in Caesars, sending shares soaring
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Illinois will be a hot spot for sports betting startups over the next few years - this article from ChicagoInno reflects on how/why LineLibrary will be apart of it 👏🏻
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And we’re in ✅
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10X NBA All-Star
2X - All NBA Second Team
4X - All NBA Third Team
NBA Scoring Champion (...2013)
NBA All Rookie First Team
NBA Rookie Challenge MVP
3X - USA Basketball Male Athlete of the Year
3 USA Basketball GOLD Medals
Carmelo Anthony’s career for you. First ballot HOF, stfu.
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Very excited for my good friend
@mikenemke
- well deserved 👏🏻
I am also a very happy
@function
customer 🏥✈️ 🍾
This will be a big business.
1/3 We're thrilled to announce we've led the $53M Series A of
@function
, which aims to integrate all of your health data with all of the world’s health knowledge to best inform what actions you can take to live 100 healthy years.
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🥊 TMT
@fuboTV
is making Money May type business moves this year. Good work
@davidgandler
. Can't wait to see
@FuboSportsbook
go live this year 💰💰💰 Glad to be on the winning team with you guys. Let's change the game.
#bigbusiness
#virtualfight
#fubotv
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Sports betting is an insanely connected industry. One day I’m talking with retailers looking to purchase data from betting volume, another I’m discussing liquidity economics with hedge funds looking to provide liquidity. Needless to say I’m very addicted to the pulls on each side
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This is why we speak up!
@Stanford
has contacted the
@FBI
to help identify this person.
STATEMENT: “We have received many expressions of concern about a photo circulating on social media of an individual on White Plaza who appeared to be wearing a green headband similar to
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@roshanpateI
@jefielding
Asking pre-seed companies for financial models is like asking a chicken to lay an omelette.
It shows a humorous misunderstanding of the priorities. If a 3rd grader can’t understand your business you’re fucked anyway.
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The US sports betting market will benefit from UK/EU market makers who’ve perfected US sports. The majority of US market makers have the tech but most don’t have the volume. The US market will look a lot like London. History doesn’t repeat but it rythmes.
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It’s 2019 and emails still can’t be sent automatically at a specific time. So often I draft 7 emails and could preset those to be sent < > it’s especially inefficient when talking to people in different time zones - forgetting by 2 hours sometimes washes an entire day.
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Ah. Skrillex. Just what SF citizens have been waiting for.
@deemurthy
we should have bought tickets.
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@girdley
Nope. I’m saving up all of your voicemails to make an AI generated version of your voice to negotiate for fireworks this July. The local firework shop won’t give me a discount but they sure will give you one 🧨
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This should be the 28th Amendment
You either only drink the original yellow gatorade or you hate America.
I don’t make the rules.
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@kpmdev
For sure. John Goehrke (founding team member) / best man in my wedding hung the Ethernet himself lol
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Such a great event and opportunity for the sports startup community. Pumped to be apart of
@ICENorthAmerica
this year 👍🏻
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@mtpess
We saved $10,000 doing this. Took him 2 hours. Would have taken longer to wait in line at the Lincoln Park Apple Store. Saving money is not always a waste of time.
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8 months ago I connected with a large hedge fund manager/former founder on Twitter. One of the greatest pieces of advice, a Mark Twain quote, has been proven 10 fold
“It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.”
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My man,
@MagicJohnson
go get
@jimmerfredette
right now...you have blind bats shooting from behind the arc. The King does not have TIME to run through the motions for a season
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You could
- Give them a free cup if they bring a friend next time 👭
- Give them a punch card that gives them a free cup every 3 visits 🪪
- Give them a free cup if they post on social media 📲
- Give them a free hat that becomes a billboard at school 🧢
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Accidentally put salt in my coffee. Good wake up call. Don’t recommend.
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