#5 - The First Viral Website: "Hot or Not"

In this episode of "My First Million," the host interviews James Hong, the co-founder of Hot or Not, to discuss his journey to making his first million. James shares the story of creating Hot or Not, from its initial inspiration from the "Turkish stud" internet phenomenon to its unexpected viral success and the challenges of scaling the platform. He recounts how Hot or Not became a profitable business through dating subscriptions after initial struggles with ad revenue, eventually leading to its sale. James also reflects on his transition to angel investing, his investment philosophy, and his decision to prioritize family over pursuing further entrepreneurial ventures, offering advice to young entrepreneurs about frugality, valuing time, and pursuing their passions.